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.
New Hotel Proposed in South Boston; Former Four Points Hotel in Leominster Rebranded as DoubleTree by Hilton
Sun Condos LLC, an affiliate of Pappas Enterprises of Boston, is planning to build a 14-story boutique hotel at 6 West Broadway in South Boston, in a highly commercialized area. The site currently serves as a parking lot and, according to data from PropertyShark, measures 0.28 acres.
Cross Properties’ 132-Unit Multifamily Development to Replace Former School in Lower Merion
Steven Rock, a senior director with Marcus & Millichap’s Manhattan office, recently arranged a $23.5 million in financing for a 120,000-square-foot property Lower Merion Township, on behalf of real estate developer Cross Properties of Center City Philadelphia.
Detroit Historical Museum and MOCAD Plan Exhibits Designed Evoke Detroit’s Spirit
Detroit may be facing its own financial crisis but this doesn’t mean Detroiters are giving up on their city. On the contrary, local companies and cultural institutions are asking for their help and engagement in various projects that are meant to bring back Motor City’s lost greatness.
USTA Unveils $550 Million Makeover of the National Tennis Center
One of the world’s most anticipated sports tournaments is right around the corner. The 2013 US Open has reached its 133rd edition and will run on outdoor hard courts from August 26 to September 9 at the USTA Billie Jean King National Tennis Center in Flushing Meadows, Queens. This year’s Grand Slam event was officially extended by one day because of the poor weather conditions which have caused delays for the past five years.
Boston University Adds 150,000 Sq. Ft. Research Facility to its 2013-2023 Master Plan
It’s another wrap up of a busy week for the Boston Redevelopment Authority! Hot on the heels of Harvard University’s proposal to expand its Allston campus, another higher education institution is asking the city to green light a new sciences and engineering building on a former parking lot along the Charles River.
Ridge Flats Net-Zero Energy Community in East Falls Gets the Green Light for Construction
Onion Flats’ efforts to build Philadelphia’s first Passive House Certified and Net-Zero-Energy mixed-use community will finally come to fruition. Almost two years after the local developer was selected by the Philadelphia Redevelopment Authority (PRA) to create the most innovative, energy-efficient housing development in the East Falls section of Northwest Philadelphia, the project received the green light from the City Planning Commission and a final OK from the Zoning Board of Adjustment.
Three Detroit-area Companies Receive MEDC Incentives, Expected to Invest $10.8 Million in the Region
he Michigan Economic Development Company (MEDC) announced last week that it has awarded $1.06 million in Business Development and Community Revitalization program incentives to three Detroit-area companies that plan to expand in the Southeast Michigan.
BAM Fisher is NYC’s First LEED Gold Certified Theater
The US Green Building Council (USGBC) marked another milestone last week when it awarded the LEED Gold Certification for New Construction to the newest addition of the Brooklyn Academy of Music (BAM).
Developers Seek Approval for $140 M Green Mixed-Use Complex in Roxbury
Nuestra Comunidad Development Corporation and Windale Development are looking to redevelop an 8.59-acre urban wasteland in Roxbury into an innovative mixed-use, mixed-income complex that would serve as a link between the thriving Dudley Square area and the historic Fort Hill community.
Liberty Property Trust, Synterra Partners to Build New Headquarters for Franklin Square
Franklin Square Capital Partners, an investment company specialized in creating and managing alternative investment funds, will move its offices and nearly 150 employees down south in the thriving Navy Yard Corporate Center.