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.
Hollywood-like Entertainment and Retail Complex to Replace The Met Hotel in Troy
Met Hotel Partners LLC, a subsidiary of Laguna Beach, CA-based New California Hotel Corporation and owner of the former Northfield Hilton Hotel in Troy, and Park Avenue Investments LLC are planning to bring a taste of sunny California in a suburb located just a half-hour’s drive north of Detroit.
$157 Million Luxury Building Underway in Queens; Continuum Announces Harlem’s Tallest Residential Project
The World-Wide Group, a New York City-based development company that has developed over $3 billion worth of premium residential properties in Manhattan over the past five decades, recently broke ground on a $157 million project.
Mayor Menino’s $16.5 Billion Housing Strategy Calls for 30,000 New Units by 2020
Back in March Mayor Thomas M. Menino unveiled an unprecedented plan to increase the number of new housing units in Boston by 30,000 by the year 2020. Last week, with less than four months in office, the Mayor announced the city’s new blueprint for this ambitious strategy that aims to fulfill Boston’s housing needs.
USGBC Awards LEED Gold to Iroko Pharmaceuticals Navy Yard Headquarters
The U.S. Green Building Council (USGBC) awarded a LEED Gold certification under the Core & Shell rating system to a state-of-the-art facility located at 150 Rouse Boulevard in Philadelphia’s Navy Yard Corporate Center, which stands as one of the largest collections of energy-efficient commercial buildings in the Greater Philadelphia area.
Moceri to Break Ground on $46 Million Residential Complex in Auburn Hills
A 21.5-acre city-owned property that has been sitting vacant for the past ten years will be turned into a $46 million residential development.
Construction Starts at East New York Senior Housing Development
Another residential project officially kicked off in Brooklyn last week as part of Mayor Michael Bloomberg’s New Housing Marketplace Plan that aims to finance 165,000 units of affordable housing for 500,000 New Yorkers by the close of Fiscal Year 2014.
Sterling Suffolk Racecourse Seeks Approval for $1 Billion Casino in East Boston
Suffolk Downs, the resort-style property located at 525 McClellan Highway in the Suffolk Downs Economic Development Area in East Boston, could be transformed into a $1 billion gambling establishment according to the Letter of Intent that was filed last week with the Boston Redevelopment Authority (BRA).
Dranoff Properties Ready to Break Ground on One Riverside Place Luxury Rentals
After weeks of debates, the Civic Design Review board of Philadelphia unanimously green lighted on September 3 a mixed-use tower on a triangle-shaped parking lot at the intersection of 25thStreet and Locust Street in the Fitler Square neighborhood.
Related’s Stephen Ross Pledges $200 Million to University of Michigan
Stephen Ross, the founder and chairman of real estate development firm Related Companies and owner of the Miami Dolphins, made a historic $200 million donation to the University of Michigan—the largest single gift the university received since it was established in 1817.
Affordable Rehearsal Space Available for Rent in Long Island City
With such a thriving arts and culture scene, New York City visual and performing artists are constantly on the lookout for new and affordable rehearsal spaces—while trying to stop the demolition of some already established Spaceworks LICartistic sites, such as the world famous 5Pointz which will be replaced by apartments.