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NJ Condo Goes Full CSI On Dog Poop With DNA Testing Program NJ Condo Goes Full CSI On Dog Poop With DNA Testing Program
NJ Condo Goes Full CSI On Dog Poop With DNA Testing Program A New Jersey condo complex is going to highly scientific lengths to crack down on residents who don’t pick up after their dogs. At the luxury building Hudson Harbor in Edgewater, where studio apartment rentals start at $2,700 a month, management is turning to dog DNA testing to track down offenders, CBS News reports. The waterfront community has partnered with a company called PooPrints, whose motto is “the DNA solution for dog waste.” And yes, it works exactly how it sounds. According to CBS News, every dog living at Hudson Harbor will be registered using a cheek swab, with each pet’s DNA…

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by Cecilia Levine
Real Estate
$62M Financing Secured For Bergen County Apartment Portfolio, JLL Says $62M Financing Secured For Bergen County Apartment Portfolio, JLL Says
$62M Financing Secured For Bergen County Apartment Portfolio, JLL Says A large residential portfolio spanning North Jersey has secured $62 million in financing. The funding was arranged for Tower Management Service and will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo lender, the firm said. The portfolio includes five garden-style apartment complexes with 541 units. Those include Omni Apartments in Bergenfield, Arcadia Court Apartments in Hackensack, Park Engle Apartments in Englewood, and is anchored by Spring Gardens Apartments in Summit.  The Summit property, built in 1968, consistently maintains a 97%+ occupancy rate, a…

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by Cecilia Levine
Real Estate
Zillow, Redfin Entered $100M Deal To Kill Rental Ad Competition: FTC Zillow, Redfin Entered $100M Deal To Kill Rental Ad Competition: FTC
Zillow, Redfin Entered $100M Deal To Kill Rental Ad Competition: FTC The federal government is suing Zillow and Redfin, accusing the real estate giants of cutting an illegal deal to eliminate competition in rental housing advertising, potentially hurting millions of renters. The Federal Trade Commission announced the lawsuit on Tuesday, Sept. 30. The agency claims that Zillow paid Redfin $100 million to dismantle itself as a competitor in the internet listing services market for multifamily rentals. According to the FTC, the February agreement required Redfin to end contracts with its advertising clients. Redfin then handed its business to Zillow and pr…

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by Chris Spiker