"In recognition of the generosity and sustained support shown toMontclair State by the Cali family, we're honored to place his nameon a school that the Cali family has ensured will open the door toa first-rate education for young musicians," university presidentDr. Susan A. Cole said at yesterday's announcement.
John Cali co-founded Cali Associates, a real estate developmentcompany, in 1949. In 1994, Cali Realty Corp. became a publiclytraded company with Cali as chairman/CEO, and three years later thecompany merged with the Mack Co. to form Mack-Cali Realty Corp.,now based in Cranford, NJ. Cali's wife Rose is a Montclair Stategrad and a member of the university's board of trustees and Calihimself was a professional musician before turning his efforts toreal estate.
The existing Chapin Hall is currently undergoing a $17 millionrenovation. The 53,000-sf building is also being expanded with theaddition of a 250-seat recital hall. The $5 million donation byCali will largely go toward scholarships, with $4 millionspecifically designated for that purpose. The remaining $1 millionwill go toward establishing a new professorship.
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