New York, NY (PRWEB) June 20, 2012
The Mantena is the latest new Manhattan building using the Insurent Lease Guarantor Program to enable domestic and international renters to quickly and easily qualify to rent their apartment in this “condo-like” luxury rental building.
Mantena is a 97-unit boutique luxury rental in Hudson Yards located at 421 West 37th Street designed by Karl Fischer. Each apartment has high-end European appliances, fantastic floor-to-ceiling windows with ceilings 9’ or higher, its own washer/dryer and deluxe bath with deep soaking tub, and private outdoor spaces in some units. The amenities provided by the building include a roof top deck with a private screening area, a lounge with billiards, a chef’s kitchen, a children’s library, and a private gymnasium and yoga studio.
The leasing of the Mantena is managed by Citi-Habitat Marketing Group.
In 2012, there are very few large luxury rental developments coming to market, but there have been and will be a number of high-end boutique rental buildings which offer nearly all the features of the larger rental developments. From 2010, Insurent has enabled 40 new rental developments throughout NYC to shorten the lease-up period without rent loss risk, and has afforded many creditworthy renters the opportunity to rent apartments in these state-of-the art buildings.
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.