New York Real Estate Journal

Contractors' Association of Greater New York hosts Scholarship luncheon for outstanding students

October 9, 2007 - Brokerage
Raymond McGuire, managing director, of the Contractors' Association of Greater New York, held the 7th Annual John Cavanagh Scholarship Luncheon, on June 28, and honored nine students who were awarded scholarships this year. The event was attended by over 100 guests including the recipients and their families and five New York City public high school students were also awarded scholarships and stipends to facilitate future careers in the construction industry. In 2001, CAGNY created the scholarship program in honor of John Cavanagh, CAGNY's chairman emeritus, to enhance educational opportunities for tomorrow's construction industry leaders and has awarded over 50 scholarships since the program's inception. Each CAGNY member scholarship recipient receives $3,000 per year for up to 4 years to help pay for tuition and related expenses and is awarded the scholarship based on outstanding academic achievements. For the fourth consecutive year, CAGNY contributed a one-time stipend of $500 to five students whom the nominating committee deemed academically worthy to receive an honorable mention. This is the second year that CAGNY awarded two additional scholarships to New York City public high school graduates pursing careers in the construction industry.