The New Jersey Builders Association on Wednesday said Thomas Bovino was installed as its 69th president at its March 4 board of directors meeting.
During his 36 years in the real estate industry, Bovino acquired a broad range of knowledge and experience, including acquisitions, approvals, financing, sales, construction, project completion and site development.
Bovino has dedicated significant time and expertise to the homebuilding industry through a variety of roles at NJBA and the Shore Builders Association of Central New Jersey, where he served as president in 2016 and 2017. He also currently sits on the board of directors of First Commerce Bank, where he has chaired its asset-liability committee for 11 years.
Currently, Bovino is leading a team of professionals to create and shape a transformational, mixed-use community called Jackson Twenty-One. Situated on approximately 1,000 acres, 70% of which will remain as either passive or active open space, the community will implement smart growth principles and green building technologies like solar power and electric vehicle charging stations. When complete, it will consist of both market rate and affordable housing as well as multiple commercial uses.
He has successfully led numerous projects to completion throughout his career, including the Vineyards at Diamond Ridge, which won the NJBA Community of the Year award.
“I am deeply humbled and honored to have been named president of NJBA. Over the course of 30-plus years of membership, I have learned that this position comes with great responsibility and opportunity. The products we create as an industry have a profound impact on not only our customers, but also on the communities where we live and work. I look forward to working with our membership and policymakers in Trenton to tackle New Jersey’s housing supply crisis and create a positive impact on the communities we seek to create,” Bovino stated.
“Mr. Bovino’s leadership and knowledge on housing issues will be heavily relied upon as he is entering the NJBA presidency at a unique and opportunistic time for the New Jersey building industry,” NJBA CEO Jeff Kolakowski said. “Supply is at an all-time low, prices are at all-time highs and moderate- and low-income households have never been more challenged in their pursuit of the American dream of homeownership. I look forward to pursuing Mr. Bovino’s agenda as we work together to not only strengthen the NJBA membership, but also to provide opportunities for the millions of New Jerseyans who are struggling with housing costs.”
Bovino was installed along with NJBA’s 2022-2023 elected officers:
- Vice president: Frank Belgiovine, Belmont Construction Corp.;
- Treasurer: Debra Tantleff, Tantum Real Estate;
- Associate vice president: Suzzane Kronenfeld, realtor.com;
- Second associate vice president: John Cioletti, Reno’s Appliance.