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.
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.
Are they accepting two contractual estate offers and negotiating two contracts in parallel? The issue is not legal or illegal in home-buying; it’s meaningless. A seller cannot get another offer if the listing becomes “in contract.” A home is “in… Read More
Like any homeowner, you always look for ways to raise your Property Value in NYC. When you purchase your home, it can decrease in value or increase depending on market conditions. What you do to your home will ultimately affect… Read More
Summertime is already here. While it brings us many exciting opportunities for adventure, it does bring in one discomfort- the extreme summer heat. We’re not looking forward to facing that when we’re just sulking around the house either. Now, your… Read More
Quick answer: A proprietary lease is the contract between a co-op shareholder and the cooperative corporation that governs their right to occupy a specific apartment. It’s the reason co-op buyers are technically shareholders, not property owners — you’re buying shares… Read More
There are many benefits to garden planting in NYC. A garden right in front of our home, with beautiful flowers blooming, is a sight we all want to enjoy. This is why we check for enough space to plant a… Read More
In 2019, the NYC Rent Law underwent significant modifications. We drafted a synthesis of the 145-page bill that passed. Several new laws took effect in New York City following the passage of the “Housing Stability and Tenant Protection Act of… Read More
Buying or selling a property in New York City with an existing tenant is often more challenging than dealing with a vacant unit. It applies primarily to co-op and single-family homes and does not cater to investors. However, buying a… Read More
The story below is factual and accurate: A Broker did not reflect a $5 million real estate offer. I created Nestapple 2 years ago, and I have repeatedly heard, “I don’t like dealing with brokers,” “I’ve had a bad experience… Read More
Photography is an art and can be used as a powerful tool when the time comes to advertise your property. We will list our top 5 reasons for hiring a real estate photographer in NYC. Today, the real estate market… Read More
I decided to write a quick blog post on this concept after we encountered a new term emerging from the Construction Industry’s jargon. Several home buyers using NestApple asked us what a capital contribution fee in NYC is. Sometimes, people… Read More
When buying property, it can feel like a lot is happening all at once. The attorneys finalize the deal, draft and negotiate the contract quickly. Then, the building’s board and management provide various “due diligence” materials. A wealth of publicly available information can… Read More
Several concepts are essential to understand when buying an apartment in New York. Calculating Coop post-closing liquidity for a mortgage in NYC is one of them. In summary, it means: after closing, how much money will you have available? It would be… Read More
You finally made it and can see the end in sight. You are hours away from getting the keys to your new place. The final home walkthrough in NYC is one of the last steps in the purchase process, and it serves as the… Read More
NYC’s real estate market is one of the most competitive in the world for home buyers. For example, you think you have found your dream home on StreetEasy and attend the open house only to learn that you are competing… Read More
Don’t bother ordering halibut next time you go out for sushi in New York or Los Angeles. It’s unlikely halibut at all. Did you know that when you eat out at restaurants, the fish served is not what you ordered… Read More
