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.
Did you know that the starting price of renting a condo in New York City is over $3,400 per month? It is no secret that New York City is one of the world’s most expensive real estate markets. Some people… Read More
Are you looking to rent a new apartment and have concerns about your monthly rent? If you need a short break from paying rent, you may benefit from a lease period that does not require you to pay every month.… Read More
In an era where 65% of Americans are homeowners, understanding the value of your property has never been more essential. It’s more than just a number; it’s a crucial component of your financial well-being. So, where does one begin to figure… Read More
You are subject to federal and state capital gains taxes when selling a co-op in NYC. You may be able to exclude up to $500,000 of gains under the Section 121 home sale exclusion, provided that specific ownership and use… Read More
The recent NAR settlement impact does not prevent NYC sellers from paying a commission to buyer agents, which means immediate, widespread changes to the brokerage commission structure in NYC are unlikely. Since the implementation of the NAR settlement on 8/17/24, operations… Read More
In the real estate market, we talk about the real estate NY Disclosure Form, also known as the New York State Disclosure Form for Buyer and Seller. This document is an agency disclosure form that brokers and agents must give… Read More