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.
Principal Takes NoMa Office Building for $149.5M; Kelley Drye Extends Lease in Georgetown
By Veronica Grecu, Associate Editor
Underscoring the continued strength of the capital’s office investment market, Capitol Plaza has traded to Principal Real Estate Investors L.L.C for $149.5 million, the property’s sellers, a joint venture of AREA Property partners L.P. and Van […]
HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off
By Veronica Grecu, Associate Editor
HYM Investment Group L.L.C detailed plans this week for Downtown Boston’s largest current proposed project: 2.4 million-square-foot mixed use complex on the site of the Government Center Garage. As reported Tuesday by the Boston Globe, HYM wants to build 1.2 million […]
Lenox and LIC Residential Developments Return to Life
By Veronica Grecu, Associate Editor
After receiving a $28 million low-interest construction and permanent loan through the Housing Asset Renewal Program, Queensboro Development will re-start a long-stalled residential development in Queens. The mixed-use development, located at 23-10 41st Ave. in Long […]
Renovation Plans for the Chicago Main Post Office Building Call for the Tallest U.S. Tower
By Veronica Grecu, Associate Editor
Bill Davies, a British developer who owns the currently vacant Chicago Main Post Office Building, has announced his plans to renovate the building and the surrounding area to transform the site into an “urban mecca” that […]
New Philadelphia Retail Stores; Multifamily Developments to Break Ground throughout the State
By Veronica Grecu, Associate Editor
King of Prussia Mall, the nation’s largest retail center, will be expanded and redeveloped to make way for new stores. City officials, quoted by the Philadelphia Inquirer, announced last week that the John Wanamaker department store […]
Shared Workspaces Help Business Development in Metro Detroit
By Veronica Grecu, Associate Editor
With the number of floating workers rapidly increasing in the new economy, the concept of shared workspaces is growing in the country’s major cities and their metropolitan areas. Freelancers, professionals working from home or independent contractors […]
Anacostia RiverFront Gets More Apartments; Clint Eastwood Raises Funds for Police Museum
By Veronica Grecu, Associate Editor
Patriot Transportation Holding Inc., which owns the Florida Rock site in Washington, D.C., plans to form a joint venture with MidAtlantic Realty Partners L.L.C. to develop the first phase of the mixed-use RiverFront project on the […]
New Housing and Lifestyle Developments in Boston Metro Area
By Veronica Grecu, Associate Editor
Everett city officials are evaluating four proposals to acquire or lease and redevelop the 3.9-acre site of a former high school. Though the city’s initial request didn’t specify how the property should be used, all four proposals include affordable, market-rate […]
Residential and Office Rents Increase in NYC
By Veronica Grecu, Associate Editor
A report by Citi Habitats, New York’s largest rental residential brokerage, shows that the city’s rents continued to increase in the second quarter while vacancy rates have fallen to a historic 0.72 percent in Manhattan. Average […]
Howard University to Expand Housing Facilities; LEED Gold Offices for TMG
By Veronica Grecu, Associate Editor
Howard University may be forced to upgrade its housing to stay competitive in the D.C. marketplace. The university’s residence halls are currently able to accommodate less than 50 percent of its enrolled students, while competing schools […]