The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

16 West 16th Street, Unit 5HN

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Renovated sunny south-facing studio in a full service building in prime Flatiron/Union Square location now available for sale.

This long and spacious studio easily has space for a bedroom area, living area and dining. The open and pass-through kitchen features stainless steel appliances including a dishwasher and a breakfast bar.

The Chelsea Lane is a coveted full-service co-op featuring a 24-hour doorman, live-in superintendent, remodeled lobby, tech-friendly laundry room, and a beautifully landscaped viewing-courtyard.

Pied–terres, co-purchasing, gifting, and parents buying for working children are allowed, and pets are welcome upon board approval. Located near multiple subway lines, Union Square Park, Trader Joes, Whole Foods, and countless dining options, it offers unmatched convenience for an unbeatable downtown lifestyle. Sublet policy is live 5 years and then rent for 4 years, board approval required. Flip tax is paid by seller. Small assessment until Jan 2027 for Local Law 11 work.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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