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.
Yahoo’s New Home in Manhattan
Hot on the heels of the $1.1 billion acquisition of Tumblr, the fast-growing social blogging platform, Yahoo! announced that the company’s New York City-based offices will move in a central location in Manhattan.
Health Centers Industry Sees Improvement in Suburban Philadelphia
A 43-acre retirement community in Doylestown is only weeks away from embarking on an extensive $11 million renovation project, PhillyBurbs.com reports.
Luxury Assisted Living Facility Opens in White Plains
A new luxury assisted living complex called The Bristal at White Plains celebrated its official grand opening last week during a ribbon-cutting ceremony that attracted over 200 Worcester County dignitaries, businesspersons and residents.
Jefferies LoanCore Provides $60M Mortgage for Hingham Shipyard Retail Center
The Debt & Equity Finance team of CBRE/New England has negotiated $60 million in first mortgage financing with New York-based investment bank Jefferies LoanCore on behalf of real estate development company Samuels & Associates. According to Citybizlist, the loan will be used to secure The Launch at Hingham Shipyard, a transit-oriented shopping center located at 349 Lincoln Street at Shipyard Drive, on the former site of the historic World War II naval shipbuilding.
New Philadelphia Family Court Building Celebrates Milestone; Old Building Becomes Hotel
Philadelphia City officials and representatives of the Tishman Construction Corporation gathered last week to attend a topping off ceremony for the new Family Court building that is under development at the northwest corner of 15th and Arch streets.
Al Jazeera to Open Detroit News Bureau, Expand US Presence
Al Jazeera, the Arab media channel headquartered in Qatar, will open a Detroit bureau as part of the organization’s plan to consolidate its operations in the U.S. and provide both international and domestic news for American audiences.
Class A Office Building Breaks Ground in Somerville; Private Investors to Open Alcohol Distillery in Hingham
Rockville, MD-headquartered Federal Investment Realty Trust is one building away from completing the first phase of Assembly Row, a $1.6 billion redevelopment effort in Somerville that aims to create a new, 45-acre neighborhood.
Brooklyn’s Gateway Elton Street Moves to Phase II
Two years after work started on Gateway Elton Street, a three-phase public/private green housing development in the Spring Creek neighborhood of Brooklyn, representatives of the NYC Department of Housing Preservation and Development (HPD) and the Hudson Companies , Related Companies, and CAMBA Housing Ventures gathered at the site to celebrate the groundbreaking of the project’s next phase.
Schneider Electric’s Fifth Research and Development Center to Open in Andover
Schneider Electric, a France-based energy technology company which employs over 130,000 worldwide, will add another facility to its network of research and development hubs that includes Grenoble (France), Bangalore (India), Monterrey (Mexico) and Shanghai (China).
Graffiti Landmark 5Pointz to Be Replaced by Residential Towers
Long Island City’s 5Pointz, a 90-year-old factory building that has been serving as an outdoor exhibit space for graffiti artists around the world, is slated for demolition as the property’s owners are seeking a special permit for a zoning variance that would allow them to replace the building with two apartment towers and a luxury shopping center.