The Contour in Rego Park, The Classic in Kew Gardens, and 11-15 Broadway in Astoria are new boutique luxury rental buildings in Queens, and all are utilizing the Insurent Lease Guaranty Program.
150,000 Apartments Accept Insurent Rental Cosigner Program
In addition to the other 150,000+ apartments currently utilizing the Insurent Lease Guaranty Program in NYC, these new luxury buildings will now be able to give more international and domestic renters the opportunity to quickly qualify for and get an apartment in their amenity rich buildings.
The Contour in Rego Park, developed by the LeFrak Organization, has a unique white curved façade, and all apartments feature rich oak-parquet floors, Asko washer/dryer, high ceilings and double-pane picture windows from which to enjoy sweeping city views. The building also has a residents’ lounge and a sprawling roof deck with barbecue grills—all with spectacular views, as well as onsite parking.
The Classic in Kew Gardens, which was developed by the Kamali Organization, has many amenities including a fitness center, children’s playroom, a social lounge with dining room, game tables and TV, a quiet Salon for reading and wireless activities as well as a bike storage room and indoor attended garage.
11-15 Broadway in Astoria is one of new buildings in Queens developed by Criterion Group. Its amenities include a private fitness center, private outdoor spaces, washer/dryer in each unit, high-end appliances and finishes, on-site parking, and state of the art communication systems. All apartments have access to the roof-top recreational area with panoramic views of the Manhattan skyline. .
Charles Schoenau, Managing Director of Insurent, added “By accepting Insurent’s lease guaranty program the owners of these Queen’s luxury buildings will enable more international and credit-worthy domestic renters the opportunity to quickly qualify for and get an apartment. Large numbers of US and foreign young professionals, students, wealthy foreigners, self-employed, retirees, and well-off individuals with good credit are unable to qualify without Insurent, but Insurent helps the owner and renters to quickly solve the problem and close the lease.”
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, and NY1 Cable TV
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.