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John Pavone retiring after 31-year career with Resnick.


Long-time Jack Resnick & Sons executive John T. Pavone is retiring.

Pavone, who has spent the last 31 years of a distinguished four-decade career in real estate working for the Resnick family, will officially retire on December 31.

He leaves with the distinction of having been involved in every Resnick commercial venture since the mid-1970's, including the acquisition of 485 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. , 90 John and 161 William Street William Street may refer to:
  • William Street, Melbourne in Victoria, Australia
  • William Street, Perth in Western Australia
, 20 Pine Street and the development of One Seaport Plaza, 75 Park Place and 52 Broadway.

He has also managed and leased, at one time or another, most of the other Resnick commercial properties.

"For all of his extraordinary talents and expertise, I think we're going to miss John most as a quality person and a consummate professional," stated Scott Resnick, president of Jack Resnick & Sons.

"We wish him and his family an exciting and fulfilling retirement experience."

Pavone, who began his career while still in college as an industrial broker in Queens, received his early training in Manhattan real estate from Seymour Cohn at Sylvan sylvan

emanating from or pertaining to woods. See also sylvatic.
 Lawrence Company.

But his big career move occurred in 1975, when he "half-heartedly" interviewed at the Resnick firm with Burt Resnick and Rick Rackow.

"Going in, I really had no intention of working there, but I was so impressed and felt so comfortable with Burr burr (bur) bur.

burr
n.
Variant of bur.



burr

1. a plant seed capsule carrying many hooked structures which catch in animal coats thus promoting dissemination of the plant.
 and Rick, that I agreed to join the firm. It turned out to be the best decision of my life," exclaimed Pavone, who added, "It's really a testament to the Resnicks that in all the years I was associated with the company, I never once felt like an employee, but always like part of their extended family."

In recent years, Pavone has worked closely with Scott Resnick on a number of major leases, including the United Federation of Teachers (UFT UFT United Federation of Teachers
UFT Tegafur-Uracil (chemotherapy)
UFT Unified Field Theory (physics)
UFT Undergraduate Flying Training
UFT Unofficial Foreign Travel
UFT Up for Trade
) at 52 Broadway, BMCC BMCC

bulk milk cell counts.
 at 75 Park Place, and the Aon and Legal Aid leases at 199 Water Street.

For his career, he estimates that he's been involved in over 20 million s/f of office leasing transactions.

Pavone plans to spend much of his retirement traveling with his wife, Rosalie, and enjoying their homes in Nevada and Rhode Island Rhode Island, island, United States
Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches.
.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Dec 20, 2006
Words:358
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