75 Clinton Street, a Stunning Luxury Rental Building in Brooklyn Heights, Adopts the Insurent Lease Guaranty Program

Share Article

The Insurent® Lease Guaranty Program was created to assist landlords, condo/co-op owners, renters and brokers in closing residential leases. Insurent allows thousands of leases to quickly and easily close to the benefit of all parties.

Large numbers of US and foreign young professionals, international and US students, wealthy foreigners, self-employed, retirees, and well-off individuals with good credit are unable to qualify without Insurent.

75 Clinton Street is the latest exceptional new building in Brooklyn which uses the Insurent Lease Guarantor Program to enable many renters to quickly and easily qualify for their apartment.

The demand to live in the attractive and convenient neighborhoods of Brooklyn, like Brooklyn Heights, has increased markedly over the last 18 months, and at the same time the quality of the new developments is often as excellent as anywhere in NYC. Many of the new luxury rental developments, like 75 Clinton Street, were originally planned as condos and were built with the high end condo specs.

Andrew Barrocas who is President of MNS explains, “A few Brooklyn developments like 75 Clinton Street were financed and built with high end condo specifications including unusually large layouts, outdoor space, and very high end finishes and appliances. As a result, the renters are offered unique, high quality rental apartments which are as nice as any condo.”

75 Clinton Street has many features which may particularly appeal to renters. Unlike most rental buildings, 75 Clinton has 10 foot ceilings and large windows with open views which gives each apartment a very spacious and attractive feel. Other features in the building are health club, storage lockers and roof deck with dramatic NY views. Convenient to many subway lines, it also offers a quick and easy commute to Manhattan for work or play.

75 Clinton street is managed by Milestone Management, L.P. with The Marketing Directors doing the leasing of the studio, one, two, and three bedroom apartments.
Charles Schoenau, Managing Director of Insurent, added: “ By accepting the Insurent Lease Guaranty Program, 75 Clinton Street will be able to give more international and credit-worthy domestic renters the opportunity to quickly qualify for and get an apartment at 75 Clinton Street. Large numbers of US and foreign young professionals, international and US students, wealthy foreigners, self-employed, retirees, and well-off individuals with good credit are unable to qualify without Insurent. That problem can now be easily solved for the benefit of all.”

ABOUT INSURENT LEASE GUARANTY
The Insurent Lease Guaranty Program was created to serve renters, landlords, condo/coop owners, and brokers and relocation specialists by offering the first institutional guarantor of residential leases. The Insurent Lease Guaranty Program has been featured in the New York Times, The Real Deal, The New York Real Estate Journal, Real Estate Weekly and Multi-Housing News.

The Insurent Lease Guaranty Program is underwritten and issued by Argonaut Insurance Company, a property and casualty insurance company rated A (Excellent) by A. M. Best. Instead of looking for an individual guarantor or co-signer, or having to pay a significantly larger security deposit or prepaid rent, a renter may utilize the Insurent Lease Guaranty to satisfy the landlord’s financial and credit requirements.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Charles Schoenau
Visit website