Veronica Grecu
Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica’s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.
Former Frankford Chocolate Factory, 1515 Market St. Up for Grabs for a Cumulative $100 Million
One of the largest sites available for development in Philadelphia is looking for a buyer as lawyers are liquidating its late owner’s real estate assets. Meanwhile, 1515 Market Street was put on the market and will be acquired for $85 million by Accesso Partners.
Botsford Hospital Seeking Approval for $160 Million Expansion
After joining the Beaumont Health group of hospitals in September this year, Botsford Hospital plans to expand its campus in Farmington Hills by the end of 2015.
Harlem’s Abandoned P.S. 186 Coming Back to Life as $48.6 Million Mixed-Income, Mixed-Use Building
A development team is breathing new life into the dilapidated Public School 186 building, one of Harlem’s architectural beauties that has been sitting vacant for nearly four decades.
New Renderings Revealed for Mixed-Use Asset at 535 Fourth Avenue
Six months after an investment trio purchased the 99-year ground lease on 535 Fourth Avenue in Brooklyn’s South Park Slope, new renderings were revealed for the 148-unit rental building.
Parking Garage Nearly Complete, Two More Office Buildings Planned at Former Parker Brothers Site in Beverly
Roughly 28 miles north of Boston, the 54-acre property that used to serve as the home office of the legendary game companies Parker Brothers and Atari is going through major changes.
Brandywine Teams Up with LCOR/CalSTRS to Build $140 Million Mixed-Use Tower in Center City
Brandywine Realty Trust, the company behind the Cira Centre South development at 30th and Chestnut Streets, recently announced construction is imminent for a new mixed-use project in the heart of Philadelphia.
Fifth Third Bank Moves into One Woodward, Pledges $85 Million Toward Detroit’s Revitalization Efforts
A Fortune 500 company and one of Michigan’s largest financial institutions announced plans to join the growing wave of businesses that populate the urban core of Detroit. Fifth Third Bank will relocate its regional eastern operations from its current headquarters in Southfield, MI, into Dan Gilbert’s One Woodward building.
Gene Kaufman-Designed Hotels and Apartment Buildings Take Over New York City
The third quarter of 2014 has been extremely productive for Gene Kaufman, one of New York City’s most controversial architects. The ever-growing demand for hotels in the city—as seen in the traditional submarket of Midtown Manhattan, but also in Queens and Brooklyn, where the demand for new hotel rooms is also on the rise—resulted in 16 projects totaling more than 1,000,000 square feet of new construction underway between July 1 and October 1.
Former MBTA Rail Yard in Hyde Park to Come Back to Life as Light Industrial Work Spaces for Small Manufacturers
As Boston has been more and more focused on redeveloping vacant or derelict industrial sites to create offices that would accommodate a solid growth in tech- and science-based jobs, the inventory of properties zoned strictly for industrial uses across the city has declined drastically over the past years.
ULI Special Report: Insights from NY’s Century-Long Efforts to Become a Global City
A panel of three leading experts offered insights on how the city managed to overcome challenges and create its impressive infrastructure of buildings, bridges, highways, subways, parks and airports at the 2014 Urban Land Institute Fall Meeting that was held in Manhattan in October.