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.
Renovated Radisson Plaza-Warwick Hotel Philadelphia to Operate Under Radisson Blu Signature
Carlson Rezidor Hotel Group, a leading hospitality group based in Minneapolis, Minn., and Brussels, Belgium that operates more than 1,300 hotels globally, announced a $17 million renovation that will rebrand the historic Radisson Plaza – Warwick Hotel into a Radisson Blu signature hotel.
Detroit Invited to Bid for the 2024 Summer Olympics
25 large cities and metropolitan areas in the country and 10 other city that have expressed interest in hosting an Olympic competition have received letters from the U.S. Olympic Committee (USOC) to see if they would consider bidding for the 2024 Summer Olympic and Paralympic Games.
BRA Approves $200 Million Residential Tower in the West End
A development team including AvalonBay Communities, Exclusive Real Estate, Goulston & Storrs and CBT Architects has received unanimous approval for a 38-story residential high rise planned for Boston’s West End neighborhood, on an empty site between TD Garden and the Charles River.
Green Affordable Housing Building Opens in the Bronx
A new low-income, eco-friendly residential building in the Bronx was officially opened on February 21 during a ribbon cutting ceremony hosted by the New York City Housing Authority (NYCHA). Located at 770 East 166th Street at Tinton Avenue in Morrisania, the nearly $38 million project was built by Blue Sea Development on land that was purchased from NYCHA at below market value.
Criticized Kingsley Court Development to Kick Off in Roxborough
A 3.5-acre vacant property at 5627 Ridge Avenue in Philadelphia’s Roxborough neighborhood will be replaced with a complex of 32 twin homes, according to a post on NakedPhilly. While the project proposed by local developer Stephen Goldner has stirred much debate among neighbors who were concerned that the development would be too dense for a suburb, the former Ivy Ridge Assisted Living site has won approval from the City’s Planning Commission.
MOCAD Redesign Project Wins International Architecture Award
As the real estate world is getting ready for the upcoming MIPIM 2013—the international property market—the winners of the 11th Annual MIPIM Architectural Review Future Project Awards were revealed last week. The contest has been running since 2002 with a focus on fine examples of planned or incomplete architecture projects across the world, covering various categories of residential and commercial designs.
Long-Anticipated Senior Living Center Coming to Staten Island
An almost two-decade effort initiated by the Metropolitan Council on Jewish Poverty (known as the Met Council), the project is backed by $36 million in tax exemptions through the city’s BuildNYC Resource Corporation–a NYCEDC-administered organization whose main goal is to facilitate access to tax-exempt bond financing for non-profit institutions–and a $45.2 million capital grant from the City Council.
Massachusetts Commits to $67 Million for 23 Affordable Housing Developments Across the State
Keeping up with the state’s efforts to support new housing developments, the Pattrick-Murray administration revealed last week it has committed $67 million in affordable housing resources and tax credits that would back 23 developments in 21 communities across Massachusetts.
‘Philly Fringe’ Festival to Settle in New Home by Fall
A 10,000-square-foot red-brick structure at the corner of Race Street and North Columbus Boulevard is being transformed into the new home of Philadelphia Live Arts Festival and Philly Fringe, an annual festival that supports local, national and international artists of all disciplines and levels of achievement.
State Approves Massive Redevelopment Project Backed by “Magic” Johnson
The Michigan Land Bank Fast Track Authority voted unanimously in favor of a redevelopment plan that was proposed last year by a group of investors including basketball star Earvin “Magic” Johnson.