Ken Colao is a recognized leader in the construction industry with more than 30 years of experience as a principal, and was a founding partner of several major construction firms. During his career, he has completed more than $4.2 billion worth of building construction both domestically and internationally.
Mr. Colao is an engineer and holds a B.S.C.E. degree from N.J.I.T, where he serves on the Board of Advisors for the School of Architecture and Design. He is an active member of YPO Big Apple and Metro Gold Chapters, served on the Governor’s Business Council and held positions for several charitable organizations.
Currently, Mr. Colao is President, CEO and Founding Principal of CNY Group, an innovative forward-thinking builder. CNY is currently managing over $948 million in projects in New York City alone and recently completed the new Central Park Marriott two months ahead of schedule; the property is the tallest stand-alone hotel in the Western Hemisphere. Current projects include the Marriott Edition Times Square for The Witkoff Group and Maefield Development; Woolworth Residences for Alchemy Properties Inc. and BlackRock Private Equity Partners; 21 East 12 for Macklowe Management and Goldman Sachs; The FRANK for The Durst Organization; Tammany Hall in Union Square; and Crossing at Jamaica Station.
His role at CNY is as a thought leader and to bring discipline and an approach to problem solving that will fulfill the objectives of clients and designers. Mr. Colao’s mission is to create value, challenge the norm and lead the delivery of CNY’s proven best practices and expertise in the business of construction.
CNY, headquartered in Manhattan, is a family-owned firm where Ken Colao and his brother Steven, Acting COO and also Founding Principal, are dedicated to successfully executing their clients’ vision and enhancing value through performance, creativity and dedication. The firm provides construction management on a fee basis or at-risk, design-assist and advisory services for real estate owners, developers, and corporate, institutional and cultural clientele. CNY is known for its innovative and collaborative open forum style of management. Its core competency is deeply rooted in its extensive experience with large-scale high-rise construction, complex renovations, mixed-use construction, and build-out of sustainable and uniquely designed spaces. The company serves the commercial, residential, lodging, health care, retail and interiors sectors.
CNY owes its success to its reputation as a company whose motivator is a commitment to its clients, investors and employees.