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.
Quicken Loans-Owned Buildings in Detroit Receive Federal Grant for Energy Efficiency
By Veronica Grecu, Associate Editor
Last week the Detroit Economic Development Corp. approved grants of up to $260,000 in federal tax money for three buildings owned by Dan Gilbert, founder of Quicken Loans. The Detroit News reports that the Dime, the […]
Mixed-Use Project Proposed for Jamaica Plain; Cambridge Lab Vacancy Inches Up
By Veronica Grecu, Associate Editor
A joint venture of SSG Developments and New Boston Ventures intends to build a 208,000-square-foot complex that would be located on a 3.4-acre site between a residential neighborhood and an industrial area in Jamaica Plain, the […]
Busy Week for Commercial Real Estate in New York City
By Veronica Grecu, Associate Editor
The commercial real estate transactions cited by Citibizlist that were closed this week in New York City show signs of improvement in the market.
The entire fourth floor of an office building located at 1150 Avenue of […]
Low Class A Office Vacancy Rate Equals Good News for Real Estate Investors
By Veronica Grecu, Associate Editor
ChicagoRealEstateDaily.com reports that a 40-story office tower located at 55 W. Monroe St. will be sold for about $140 million to Hearn Co., a local investment company that teamed up with an undisclosed New York-based capital […]
$45 million Redevelopment Project Begins at Old Recreation Center
By Veronica Grecu, Associate Editor
A complex redevelopment project estimated to cost around $45 million began this Monday when the site was cleared from trees and massive weeds at the neglected Venice Island Recreation Center located between Manayunk Canal and the […]
District’s Neighborhoods Evolve as Hispanics Seek Affordable Housing
By Veronica Grecu, Associate Editor
According to Census Bureau data, Washington neighborhoods marked by a strong Hispanic presence are in for some major demographic changes, the Washington Examiner reported.
In neighborhoods noted for a high cost of living, such as Mount Pleasant and […]
Boston’s New Residential Developments Beat Recession
By Veronica Grecu, Associate Editor
The open-air parking lot located at 45 Stuart St. near the Chinatown and Theater District neighborhoods could be replaced by a residential complex. Last week, AvalonBay Communities Inc. submitted a large-scale development plan to the Boston […]
Marriott International Announces Plans for Tallest Hotel in New York
By Veronica Grecu, Associate Editor
One of the most daring real estate developments will take shape at 1717 Broadway at 54th Street in Manhattan. In an official statement released this week, global hotel chain Marriott International and Granite Broadway Development announced […]
New Lives for Jones College Prep Building and Sheraton Hotel
By Veronica Grecu, Associate Editor
The Chicago Journal reports that construction has finally started at Jones College Prep’s new building on South State, on the old Pacific Garden Mission property. The estimated cost for the seven-story facility is $91 million, but […]
Local Incentives and Federal Programs Help Revive Metro Detroit Residential Market
By Veronica Grecu, Associate Editor
The Live Midtown incentive program which was launched just eight months ago has almost exhausted its funds totaling almost $1 million. The amount provided by Detroit’s major companies, Henry Ford Health System, Wayne State University and […]