How Kenneth Colao Rebuilt a Thriving Construction Business After Nearly Losing it All

How Kenneth Colao Rebuilt a Thriving Construction Business After Nearly Losing it All

Commercial Observer November 15, 2017

If there were background music to the life of CNY Group’s Kenneth Colao, he might be wise to choose Chumbawamba.

The man gets knocked down—and he certainly gets up again.

Colao’s construction management firm is either in its second or third iteration, depending on how you count the two firms he previously owned with similar names. But in 2003, after watching York Hunter crumble (it officially closed in 2009), having painful conversations with employees to say he couldn’t meet payroll, losing the hearing in his left ear due to stress and eventually his marriage in the process, he lost little time dusting himself off and starting CNY with a team of just 16 people. 

Today, CNY’s burgundy logos can be seen shining on construction sites around the Big Apple, as it is working on about $1 billion in construction projects comprising more than 2 million square feet in New York City.

Read more