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.

Is Portland a Safe City?

When people think of Portland, they might picture a refreshing West Coast city with crisp mountain views and fantastic cuisine. However, lately, Portland has been getting bad publicity regarding crime and safety. For those looking to visit or move to… Read More

Is There an Asset Limit When Buying an HDFC Co-op?

Buyers of HDFC cooperatives are not subject to any asset limits. Also, there are no net worth restrictions for purchasers of HDFC apartments in New York City. However, prospective HDFC buyers must adhere to income restrictions at the time of… Read More

Are HDFC Co-op Income Requirements Flexible?

The income limits for prospective purchasers of HDFC (Housing Development Fund Corporation) properties are not flexible. While these household income limits can vary from one HDFC to another, each building must consistently apply its designated income limit to all buyers.… Read More

Cons of Buying an HDFC Co-op

The disadvantages of purchasing an HDFC co-op include financing challenges, high flip taxes, restrictions on subletting, real estate governance issues in the building, and the risk of regulatory changes that might negatively impact the value of HDFCs. Let’s discuss Buying… Read More

What Is a Pied-à-Terre in NYC Real Estate?

A “Pied-à-Terre” is a French phrase that translates to “a foot on the ground.” We refer to a crash pad in the city, occasionally used by the owner. A Pied-à-Terre is a smaller apartment for weekend stays or a couple… Read More

2025 guide to Local Law 11 in NYC

New York City is chock-full of high-rise buildings lining the streets as far as the eye can see. If you’re a property owner in NYC or looking to buy property, you might have heard of Local Law 11 or the… Read More