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.
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Buyer broker commission rebates are legal in New York, including New York City, and are generally non-taxable income. Therefore, most buyer agents in NYC typically do not issue a 1099 IRS form when providing a buyer broker commission rebate. In the… Read More
Ask whether your attorney will personally handle your file, whether their fee is truly all-inclusive, and what happens if your contract deposit exceeds the $250,000 FDIC insurance limit. A real estate attorney manages contract negotiation, due diligence, and closing, arguably… Read More
A gift letter is a signed statement confirming that money toward your co-op purchase is a genuine gift, not a loan you’ll quietly repay. It names the donor, the amount, and states plainly that repayment isn’t expected. The 2026 IRS… Read More
Squatters’ rights in New York City provide legal protections for individuals who occupy property without permission, granting them some form of tenancy status after 30 days have passed. This means that once squatters have lived on a property for a… Read More
Quick answer: Yes, NYC tap water is safe to drink — it’s unfiltered but rigorously tested, sourced from protected upstate watersheds, and considered among the best municipal water in the country. The real risk isn’t the water leaving the reservoir;… Read More
Mitchell-Lama income limits determine initial eligibility for participating affordable rental and cooperative developments. The applicable limit depends on the development, household composition, unit and current supervising-agency rules. Applicants should use the active listing and agency instructions, report household information accurately… Read More
If you’re a landlord, verifying a tenant is a crucial step in selecting a suitable occupant for your property. Here are ten of the best documents you can request to verify a potential tenant’s income. By reviewing these proofs of… Read More
Southbridge Towers is a 1,650-unit co-op complex in the Financial District, requiring at least 20% down in cash and nine months of post-closing liquidity. The flip tax is steep for the earliest owners, 28% of the sale price, and drops… Read More
In New York, most landlords require tenants to have renters’ insurance. While this may seem inconvenient, a typical renters’ insurance policy in NYC costs between $150 and $250 per year. This policy protects your belongings, making it a worthwhile investment.… Read More
What does it mean when a town is unincorporated, and what are the pros and cons of living in such a community? Here’s what you need to know before moving to an unincorporated area. If you’re searching for a new… Read More
Detroit has a longstanding stigma with crime in the United States, with violent crime being historically high. However, there are still some neighborhoods located within Motor City that offer a safe atmosphere. Read on to discover the ten safest Neighborhoods… Read More
Seattle is recognized in the United States for its cosmopolitan atmosphere, excellent cuisine, and cultural landmarks. However, it also faces a crime issue, with several neighborhoods experiencing high rates of violent crime. Continue reading to learn about the twelve most… Read More
Modular homes are often more cost-effective, and their construction process usually takes less time compared to traditional homes. The assembly line method of building can result in savings on both labor and materials. However, it’s important to note that some… Read More
New York calls itself the city that never sleeps, but that’s a marketing slogan, not a legal exemption — the NYC Noise Code very much expects you to keep it down at certain hours. It sets specific noise limits for… Read More
Selling a property in today’s competitive market requires more than just a listing with a few photos. Buyers are looking for experiences—they want to feel connected to the property before stepping inside. This is where 3D animation for real estate… Read More
