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.
Residential and Office Space Thrive in the Bronx
By Veronica Grecu, Associate Editor
Two five-story buildings located on Bryant Avenue in the Bronx have been granted a $600,000 pre-development loan for urgent building repairs. Crain’s New York Business reports that the buildings, totaling 99 units, had 1,631 housing code […]
Real Estate Market Still Slow Despite Incentives
By Veronica Grecu, Associate Editor
With only 25 percent of approvals granted to the recently approved low-income housing development on Madison Street, two Oak Park developers are now trying to find alternative ways to gather funds for their $15 million redevelopment […]
Apartment Development Spree Could Drive Up Rents–or Lead to Overbuilding
By Veronica Grecu, Associate Editor
A recent report from research firm Delta Associates observed that Washington, D.C., has been enjoying an amazing construction spree. According to the report, builders raised 4,400 new units in the District in the second half of […]
Green Developments and Urban Gardens Boom in Philadelphia
By Veronica Grecu, Associate Editor
During a tree planting event that was held last week at Philadelphia’s Navy Yard Corporate Center, GlaxoSmithKline and Liberty Property Trust/Synterra Partners inaugurated a new 205,000-sq.-ft., environmentally friendly building.
As reported by Citybizlist.com, Deirdre Connelly, president of […]
Mayo Group, Saracen Pursue Energy-Efficient Redevelopments
By Veronica Grecu, Associate Editor
The Mayo Group, which developed a new residential complex on the site of a former nursing home at 990 and 1100 VFW Parkway in West Roxbury, has recently been awarded the Energy STAR certification by the […]
Affordable Housing to Revamp the Bronx
By Veronica Grecu, Associate Editor
It may come as a surprise, but for those looking to relocate to the Big Apple, Bronx seems to be the best choice. Thanks to an intensive campaign initiated by county officials and private and public […]
New Marriott Hotel in Naperville; Oak Park Developer Bankrupt
By Veronica Grecu, Associate Editor
Six months after the Janko Group announced the acquisition of the former Holiday Inn at 1801 Naper Boulevard, in a joint venture with the Bricton Group and a Heitman-managed real estate fund, the building was demolished […]
Cuts Could Delay Homeland Security Move to St. Elizabeths Hospital Campus
By Veronica Grecu, Associate Editor
Federal authorities’ decision to cut financing for the Department of Homeland Security could delay the redevelopment of the former St. Elizabeths Hospital campus to Anacostia for use as the DHS headquarters. Move-in had been planned for 2017.
Delays […]
Philadelphia Real Estate ‘LEEDs’ the Way in Green
By Veronica Grecu, Associate Editor
Finding the right bit of real estate seems to be the perfect recipe for successful shops located in Downtown Philadelphia. A 10,000-sq.-ft. building at 1923 Chestnut Street purchased five years ago by Breakaway Bikes and Training […]
Land Banks and Tech Companies Help Economic Growth
By Veronica Grecu, Associate Editor
The sixth annual Land Bank Conference that was held in Detroit from June 5 to 7 at the MotorCity Casino Hotel reunited about 450 urban experts around the country. The discussions tackled the development and operation of land […]