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YSU renames two buildings in honor of Cafaros

YOUNGSTOWN – Two buildings on the Youngstown State University campus will get new names in recognition of a donation from John J. and Janet Cafaro and their daughters, the Honorable Capri Silvestri Cafaro and Renee Lynne Cafaro.

Silvestri Hall on the corner of Lincoln Avenue and Phelps Street, named after Janet Cafaro’s brother, Ronald G. Silvestri, who attended YSU’s Williamson College of Business Administration.

YSU will re-name the Lincoln Building on campus the J.J. and Janet Cafaro Hall. The university also will re-name the adjacent Phelps Building the Ronald G. Silvestri Hall. Silvestri, Janet Cafaro’s brother, attended YSU’s Williamson College of Business Administration and was a successful local businessman before passing away in 2013.

Cafaro is founder and president of the J.J. Cafaro Investment Trust, and the retired Executive Vice President of the Cafaro Co., one of the leading shopping center developers in the country. Mrs. Cafaro is the president of Silcor Oilfield Services and of Parkway Holdings, which owns commercial real estate.

The Cafaros have two daughters, former State Sen. Capri Cafaro and Renee Cafaro, who is an active member of Community Board 5 in New York City.

“Our heartfelt thanks to J.J. and Jan for this generous gift and continued strong support for the university, our students and the entire Mahoning Valley community,” YSU President Jim Tressel said about the $1.75 million donation. “We certainly are fortunate to have J.J. and Jan as friends and advocates.”

“We are honored to be involved with Youngstown State University, one of the great job creators for the Youngstown area,” Cafaro said this morning at a campus naming ceremony.

Read more on this story in Saturday’s newspaper.

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