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.
JV Seeks Approval to Restart Stalled Lovejoy Wharf Project
A development team including The Beal Cos. and The Related Cos. revealed plans to breathe new life into the long-stalled Lovejoy Wharf project along the Charlestown Bridge the northern edge of the historic Bullfinch Triangle.
Via Verde Affordable Housing in the Bronx Wins ULI Award Workforce Housing Model of Excellence
An eco-friendly housing development in the Bronx is one of the three projects nationwide to receive the 2012 Jack Kemp Workforce Housing Model of Excellence Award from the Urban Land Institute (ULI).
Philly Developer Could Expand Ritz Five Movie Theatre, Add Apartments on Top
A Philadelphia developer is in the preliminary stages of a redevelopment project at the Ritz Five movie theatre located at 214 Walnut St. in the Society Hill neighborhood.
Dan Gilbert’s Investment Spree Continues with One Woodward Building
nother iconic downtown Detroit building changed hands this week. Much to no one’s surprise, local real estate tycoon Dan Gilbert and his partners completed the purchase of the historic One Woodward tower, located at the corner of Woodward and Jefferson avenues.
U-M to Add More Biotech Research Space at Ann Arbor Site
The University of Michigan (U-M) Board of Regents recently approved a $17.5 million expansion project that would add more research space to its North Campus Research Complex (NCRC) which is located at 2800 Plymouth Road in Ann Arbor.
JV Breaks Ground on $500M Luxury Residential Tower
Work has begun on a $500 million luxury apartment tower developed by a joint venture between local Zeckendorf Development LLC and Global Holdings Inc. Designed to become a prime international location by London-based architectural firm Foster + Partners, the 44-story tower will rise within the prestigious United Nations Plaza overlooking the UN Headquarters and the Manhattan skyline.
Philadelphia Navy Yard Adds New Marriott Signature Hotel
Last week development company Ensemble Hotel Partners, LLC celebrated the groundbreaking of its first Navy Yard Corporate Center project: a new Courtyard by Marriott hotel located at the corner of Rouse Boulevard and Intrepid Avenue.
LEED Silver Certification Awarded to UMass Medical Building
The U.S. Green Building Council (USGBC) has awarded LEED Silver certification for sustainable design and efficient operation to one of the facilities built by University of Massachusetts’ Medical School (UMMS).
Work Starts on 149-Unit Multifamily Development; Upscale Project in South Philly to Follow Soon
Mayor Michael Nutter, Philadelphia City Councilman Curtis Jones, Jr. and representatives of development company J.G. Petrucci broke ground last week on a new transit-oriented residential community located at 4862 Umbria Street, right next to SEPTA’s Ivy Ridge Rail Station.
NewCourtland LIFE Center Underway for North Philadelphia Seniors
n underutilized brownfield in North Philadelphia is being redeveloped by NewCourtland Elder Services, Inc., a non-profit organization providing community services, into a $5.6 million mixed-use complex for seniors. The event was marked by a groundbreaking ceremony held at the site attended by city officials and local representatives.