Real Estate Developer Provides Pathway To Success

Economics Department

Paul Silverman believes in taking the time to do something right. That’s why the developer invests in building neighborhoods – not just buildings. And it’s why he expended the effort to introduce himself to each of the more than 100 students attending his presentation titled “A Real Estate Success Story”, where he stayed for almost an hour afterward answering questions and offering to meet with some students to discuss their future careers.

“This presentation has inspired me to pursue a career in real estate,” one student in attendance said. “Hopefully I can achieve success similar to Mr. Silverman’s.”

Silverman, principal of SILVERMAN, the real estate development company he and his brother, Eric, founded in 1981, has restored historic landmarks, championed the development of mixed-use buildings, and created residential, commercial, office and industrial spaces. Successfully searching for creative and enthusiastic entrepreneurs has helped SILVERMAN attract the amazing variety of retail, restaurant, office and commercial tenants who bring so much vitality to SILVERMAN's neighborhoods. 

During his talk, Silverman discussed his career ups and downs, the latter of which he said he and his brother survived by never neglecting their debts, even when times were tough.

He shared his formula for creating viable communities, the details of several current and past projects and stressed the importance of giving back. An active philanthropist, Silverman supports many Hudson County not-for-profits, as well as Jersey City Public and Charter schools, and the arts, and often uses his projects and spaces to promote various youth outreach organizations and charities.

To view images from this event, please click here

For more information about the Real Estate program or the Feliciano School of Business please visit business.montclair.edu