Profeta Foundation's historic gift helps NJIT launch real estate entrepreneurship
May 24, 2021 8:26 am New Jersey Institute of Technology will soon launch two new education and research centers focused on real estate and entrepreneurship, made possible by a historic gift from The Paul V. Profeta Foundation Inc. At a signing ceremony on May 10, 2021, Paul Profeta, president of the foundation, alongside NJIT President Joel Bloom, signed an agreement marking the single largest donation in NJIT history. The undisclosed donation will establish the Paul V. Profeta Foundation Inc. Real Estate Technology, Design, and Innovation Center (“Profeta Real Estate Center”), an...