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.
Suffolk Downs Announces $1 Billion Casino and Resort Plan
Reno, Nevada-based casino entertainment company Caesar’s Entertainment and the owners of Suffolk Downs, a famed thoroughbred race track in East Boston that opened in 1935, have unveiled a long-awaited plan for a $1 billion casino and resort that would boost the local economy and create 2,500 construction jobs and 4,000 permanent jobs.
$70 Million Upgrade for Loews Regency Hotel New York; Industry Leader Joins Avison Young
By Veronica Grecu, Associate Editor
Loews Hotels, a luxury hospitality company that owns and operates nearly 20 hotels and resorts in the U.S. and Canada, has embarked on a $70 million renovation project at the Loews Regency Hotel in New York, […]
CH2M HILL-Led JV Lands $6.4 Billion Airport Expansion
A joint venture led by Denver, Colorado-based CH2M HILL, an international program and construction management firm, and including Delon Hampton & Associates (DHA) and CMTS, Inc. (CMTS), two leaders of project and construction management, was awarded by the City of Philadelphia the $6.4 billion expansion project at the Philadelphia International Airport.
BRA Approves Two Mixed-Use Projects in Roxbury
The Boston Redevelopment Authority (BRA) has picked two teams of developers who will transform a vacant site in Roxbury into a mixed-use community that will serve as a gateway to the bustling Dudley Square.
Maxitrol Announces $3 Million Expansion Plans
By Veronica Grecu, Associate Editor Maxitrol, a Southfield, MI-based manufacturer of natural gas control systems, announced plans to renovate and expand its corporate headquarters at 23555 Telegraph Road, where the company has 55 employees. Currently, Maxitrol occupies an eight-plus acre site that includes the company’s Administrative, Sales, Customer Service, Tooling & Product Prototyping, and Manufacturing […]
$46 Million Investment Brings Green Manufacturing to the Brooklyn Navy Yard
The Brooklyn Navy Yard Development Corporation will invest $46 million to convert three former Navy machine shops into a state-of-the-art Green Manufacturing Center, creating almost 300 construction jobs in the initial phase and approximately 400 permanent jobs.
City-Owned Vacant Property Sales Made Easier with New Online Tool
The Philadelphia Redevelopment Authority (PRA) has shared details about a much-needed initiative to develop an online vacant property database that will integrate a large number of city-owned empty buildings and blighted parcels.
Henry Ford Moves Forward with 300-Acre Expansion in New Center Area
By Veronica Grecu, Associate Editor Henry Ford Health System plans to expand with a new medical facility in the New Center area of Detroit. According to The Detroit News, this project is part of an older initiative that the hospital officials announced two years ago, which called for a multi-million dollar investment in redeveloping the nearby […]
Downsized Marina View Project Could Roll Out Again, Needs Improvement
Marina View, a failed 30-story, $100 million project proposed by developer Lou Cicalese in 2005 for Philadelphia’s Central Delaware Waterfront, could see new life as a scaled-down apartment building. As reported by the Philadelphia Business Journal, the developer has teamed up with the same contractors—Ensemble Real Estate Investments and BLT Architects—to build a 180-unit residential building at 230 N. Christopher Columbus Boulevard on top of a 3-story podium base of structured parking.
High-Profile Industry Professionals Join Avison Young NYC Office
Less than two weeks since opening its first New York City office and appointing former Cushman & Wakefield CEO Arthur J. Mirante, II as Principal and Tri-State President, Canada-based commercial brokerage company Avison Young has hired a prominent investment sales team to continue its aggressive expansion in Manhattan.