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.
CMA Plans Spring Launch for $38M Final Phase of Renovation
The Columbus Museum of Art (CMA) is ready to start work on the last phase of its three-part Art Matters renovation and expansion project. The central Ohio museum presented plans for its new wing to the City of Columbus Downtown Commission on January 22 and expects to break ground in late Spring of this year.
Lighting Retrofit Completed at Ernst & Young NYC Headquarters; Avison Young Closes on Three Transactions
A team of contractors made up of JAS Consulting, Philips Lightolier Energy Service Group and One Lux Studio recently finished work on a massive lighting retrofit project at Ernst & Young’s 650,000-square-foot headquarters in Times Square.
Success, Satisfaction and Salaries – Women in Commercial Real Estate
Success, Satisfaction and Salaries – Women in Commercial Real Estate By Diane Butler 2012 CREW Network President President and CEO Butler Burgher Corporation While commercial real estate is a field dominated by men, more women than ever are now entering the field, despite the fact that pay and promotion disparities remain obstacles. Why? And what can we do to help break the glass ceiling? In its recent white paper, Success and Satisfaction of Women in Commercial Real Estate: Retaining Exceptional Leaders, CREW Network, interviewed 20 senior industry executives to discuss a key finding from its 2010 industry benchmark study –…
$300 Million Mixed-Use Development Planned for Roxbury
P-3 Partners, LLC, a collaboration between Elma Lewis Partners, LLC (ELP) and Feldco Boston, LLC (Feldco), recently revealed plans for a 1 million mixed-use development in Boston’s Roxbury neighborhood, on a vacant plot at the southeast corner of Tremont Street and Whittier Street. The roughly 8-acre parcel is part of Mayor Thomas Menino’s ambitious plan for Roxbury, according to data from the Boston Redevelopment Authority (BRA), which has the final word on the project.
Foreclosed Hotel Pontchartrain Has New Owner
By Veronica Grecu, Associate Editor
Gabriel Ruiz, a Mexico-based developer and hotel investor, has purchased the Pontchartrain Hotel located at 2 Washington Blvd., across the street from Cobo Center and 150 West Jefferson. Though the sale price is still unknown, an […]
Detroit Real Estate Improving, Says S&P/Case-Shiller Report
By Veronica Grecu, Associate Editor
A recent report published by S&P/Case-Shiller reveals that only two of 20 metropolitan regions in the United States posted annual home price increases. Those two regions are Washington, D.C., and, surprisingly, Detroit—a city whose economy and […]
Two Chicago-Area Office Buildings to Change Hands
By Veronica Grecu, Associate Editor
ChicagoRealEstateDaily.com reports that Wakefield, Mass.-based Franklin Street Properties is about to close a transaction for a six-story office building located at 909 Davis Street in Downtown Evanston. According to sources familiar with the deal, the sale […]
Wrigley Building’s New Owners Announce Revamp Plans
By Veronica Grecu, Associate Editor
Last week Wm. Wrigley Jr. Co. confirmed the sale of its eponymous building, located at 400-410 North Michigan Avenue, Near North Side, and an adjacent 1.5-acre lot to a team of investors led by BDT Capital […]
Empire State Building Achieves LEED Gold Certification
By Veronica Grecu, Associate Editor
Jones Lang LaSalle announced in an official statement this week that the U.S. Green Building Council has awarded a LEED Gold certification to the Empire State Building, as further recognition from the $550 million Empire State […]
Jack Terranova: LEED Certification-Why the Stone Throwing?
LEED Certification and the U.S. Green Building Council (USGBC) have been discussed lately, with an attempt to discredit the USGBC and the effect certification has on reducing energy consumption. USGBC is concerned about many things from sustainable purchases, to the indoor and outdoor environment to energy conservation. Comparisons to EPA’s Energy Star were made but Energy Star is a completely different tool. Energy Star provides you with a snap shot of how your building is performing compared to other buildings across the nation. Though EPA has been making great strides, this tool has many flaws, including how it calculates source…
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