By Joshua Burd
Levin Management Corp. has announced two promotions to help fill the role of a longtime top executive who will retire this summer.
The real estate services firm, which is based in North Plainfield, said it has elevated Paul Tavaglione to executive vice president and chief operating officer, while tapping Jennifer Mercer as vice president and chief financial officer. The announcements come amid sustained growth for the company and ahead of the July retirement of Robert Carson, its president, who has served in key leadership positions for three decades.
“This is an exciting time at Levin Management,” CEO Matthew K. Harding said. “One of the key indicators of an organization’s strength is its ability to promote from within, and these well-deserved advancements capitalize on the breadth and depth of our seasoned managerial team. The changes taking place here also reflect our commitment to leadership continuity as we work to provide clients with the highest quality service and plan for our future.”
Tavaglione joined LMC in 2001 as controller and became assistant vice president in 2007, according to a news release. In 2016, he was elevated to deputy chief financial officer and then named vice president and CFO in 2017.
Mercer, who joined LMC as controller in 2019, has played a key role in overseeing departmental management and providing financial and operational oversight for key assignments. Those include The Paramount Building, a 33-story Times Square office tower.
LMC, meantime, noted that Carson joined its team in 1992 as vice president of property management, while earning promotions to executive vice president in 2006 and president in 2019. The firm cited his role in its day-to-day operations, overseeing coordination of new client properties and transitioning new management assignments to the Levin team.
“Bob’s leadership, dedication and tireless service over the last 30 years have been steady forces in helping to shape Levin Management into the company that it is today,” Harding said. “We are grateful for his immeasurable contributions and wish him well in his retirement.”
LMC currently maintains a diversified, retail-focused leasing and management portfolio of 120 properties totaling almost 16 million square feet in the Northeast and Mid-Atlantic states. Last year, it completed 1.2 million square feet in leasing activity in 2021, while seeing sustained volume through the first quarter of 2022.
