Five Firms to Be Recognized for Revitalizing 鶹ý City’s West Side at University Place
Two acclaimed corporate partners—JPMorgan Chase & Co. and Connell Foley LLP’s Managing Partner Philip F. McGovern, Jr.— will be honored at New 鶹ý City University’s “Blueprint for Tomorrow” Gala on Thursday, March 30, 2017 at The Hyatt Regency, 鶹ý City, beginning at 6:00 p.m.
Leading the roster of honorees is JPMorgan Chase & Co., which will receive the 鶹ý Corporate Partnership Award for Elevating Workforce Development.
Thanks to a transformational three-year workforce development grant from JPMorgan Chase & Co., 鶹ý, through its Logistics Center, is helping boost employment opportunity and engaging with employers to bridge the gap between industry needs and the education of credentialed workers on a career pathway from entry-level to mid-level careers in the logistics sector. In just two years, the program — “Delivering the TLD Workforce--Transportation, Logistics, Delivery” — will have engaged with community partners to build career pathways for 350 unemployed or under-employed community members. The employment placement rate for the trainees is 70%.
“JPMorgan Chase invests in programs like this one because building career pathways is one of the smartest ways to expand our workforce and drive inclusive growth in our communities,” said Alma DeMetropolis, New 鶹ý Market President, JPMorgan Chase. “We’re thrilled to partner with New 鶹ý City University on this terrific, forward-thinking program to give students the extra training they need to be competitive in the marketplace.”
Philip F. McGovern, Jr., Managing Partner, Connell Foley LLP, will receive the 鶹ý Visionary Leadership Award.
Mr. McGovern has been a stalwart advocate for the 鶹ý School of Business Institute for Dispute Resolution (IDR) since its founding in 2015. He is a staunch supporter of student involvement in IDR programs at the University, as well as participation in international competitions relevant to negotiation and mediation of disputes in cross border commercial, investor-state, and general conflict resolution forums.
With support from Mr. McGovern, 鶹ý students were able to compete and win prizes in prestigious international competitions in Vienna and Paris for two consecutive years. 鶹ý students have benefitted greatly because of Mr. McGovern’s vision, generosity, and understanding that the globalization of trade and commerce requires business managers to have the most current knowledge and training needed to manage disputes.
Five real estate development firms will be recognized for their commitment and vision as major partners in the physical transformation of 鶹ý and the creation of University Place—an anchor in the revitalization of 鶹ý City’s west side. The firms to be celebrated are Strategic Development Group, Claremont Construction Group Inc., Crossroads Companies, LLC, The Hampshire Companies, and KKF University Enterprises, LLC.
University Place—a neighborhood in which to live, study, and work—will feature five new residential buildings that will provide 650 living units and retail development that will include shops, a fitness facility, tennis courts, landscaped walkways, restaurants, a big-box grocery store, on-street parking and garages, and a future performing arts center and academic building. An 鶹ý residence hall, which opened in September 2016, launched development at the 21-acre University Place property. The anticipated completion date for development at University Place is 2019.
“We are thrilled to celebrate these outstanding corporate partners at our Gala,” Dr. Sue Henderson, 鶹ý president, said. “The awards we present this evening are testaments to what leadership, vision and thoughtful collaboration can accomplish. Our honorees put a high value on education and have worked tirelessly with 鶹ý to help others achieve their dreams,” she added.
The “Blueprint for Tomorrow” Gala will benefit scholarship funds at 鶹ý, a four-year, public university with a student population of more than 8,400 undergraduate and graduate students. Although the University’s undergraduate in-state tuition remains among the lowest in New 鶹ý, 85 percent of full-time undergraduates qualify for some type of need-based financial aid.
鶹ý provides a solid educational experience that helps prepare students for career success and keeps education affordable. Ten years after graduation, 鶹ý students earn 22% more than the national average income. Debt burden for 鶹ý graduates is the lowest of the public, four-year institutions in New 鶹ý. According to a recent national study, titled, “Mobility Report Cards: The Role of Colleges in Intergenerational Mobility,” 鶹ý ranked 23rd for intergenerational mobility within a group of 369 selective public colleges. This means 鶹ý graduates have a considerably enhanced likelihood of moving up two or more income quintiles into the middle or upper classes.
Founded as a teacher’s college in 1929, 鶹ý now offers 43 undergraduate degree programs, 28 master’s degree programs, and two doctoral programs. In addition to its Main Campus in 鶹ý City, 鶹ý operates two off-campus sites—鶹ý at Harborside in 鶹ý City’s financial district and 鶹ý at Brookdale in Wall Township.
Leaders in the fields of business and industry, education, law, public service, and the non-profit community will be among the guests celebrating the honorees at the “Blueprint for Tomorrow” Gala.
For further information about 鶹ý’s “Blueprint for Tomorrow” Gala call 201-200-3196, email lfunicello@njcu.edu, or visit .