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.
Historic Buildings to Become Mixed-Use Community in Old City
Behind the $20 million project is Alterra Property Group, a locally-based real estate investment, development and management company who has built and/or redeveloped hundreds of housing units in Philadelphia’s historic district.
Texas Doctor Wins Bid for Packard Plant—But Will She Pay?
After an intense bidding war that amounted to 117 online bidders and last-minute skyrocketing amounts, the largest industrial ruin in Detroit was sold to a family practice doctor from suburban Dallas, for just above $6 million. It appears that Jill Van Horn of Ennis, Texas, who won the Wayne County tax-foreclosure auction for the abandoned Packard Plant, along with several still-to-be-identified investors from Detroit could breathe new life into the century-old crumbling plant.
Three Off Broadway Theaters Scheduled for Opening in 2014 in Midtown West
In an ever-crowded place like Manhattan, where business and art go hand in hand, finding available space to open a new entertainment venue seems like a quest to find the Holy Grail.
Construction at Northeastern’s GrandMarc Student Dorm is 50 Percent Completed
Construction at Northeastern University’s GrandMarc, a residential building currently under construction behind the YMCA of Greater Boston on Huntington Avenue, has reached its halfway point as the final steel beam was added to the 17-story structure. The topping-off was celebrated last week by President Joseph E. Aoun, Mayor Thomas M. Menino, representatives of Phoenix Property Company and Suffolk Construction and othe rpople affiliated with the project.
Green Housing Development Breaks Ground in South Philadelphia
Philadelphia’s commitment to green building and design was highlighted once again last week at an official ceremony that marked the ground breaking of a new, energy efficient residential community.
Hyatt Place Announced for Royal Oak Redevelopment Project
Plans to redevelop a vacant lot that once served as the Jim Fresard Pontiac / Buick / GMC car dealership in Royal Oak are moving forward as the developer unveiled the last piece of the puzzle: an eight-story hotel under the Hyatt flagship.
$11 Million Extensive Renovation Completed at Tanya Towers
After two years of extensive renovations, a low-rent apartment building at 620 East 13th Street in Manhattan’s Lower East Side was reopened last week during an official ceremony.
Merlin Entertainment Brings Legoland Concept to Greater Boston Area
The first Legoland Discovery Center in the Greater Boston area is currently under construction at the Assembly Row development in Somerville, a much-anticipated neighborhood expected to open in 2014 northeast of Boston.
Temple University Switches to Clean Energy
By the end of December one of the buildings located on Temple University’s Main Campus in Philadelphia will be equipped with a 63 kilowatt rooftop photovoltaic system.
Gilbert-Owned Companies Snag Two More Office Buildings, Invite Artists to Color Garage Building
Detroit’s filing for bankruptcy is not that big of an obstacle for Dan Gilbert, the second largest private real estate investor in Detroit after General Motors, who seems to be on the right track to control the entire downtown area.