EY has announced that Kenneth Colao, CEO and Co-Founder of CNY Group, a leading New York City-based construction management firm, is a semifinalist for the Entrepreneur Of The Year^® 2017 Award in the New York Region.The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.Kenneth Colao was selected as a semifinalist by a panel of independent judges.Award winners will be announced at a special gala event on Thursday, June 22, 2017 at the Marriott Marquis.

“I am thrilled and honored to be recognized as a semifinalist for the well-respected EY ‘Entrepreneur of The Year’ award,” said Mr. Colao. “Over the course of my career I have constantly challenged myself and the team I work with to push boundaries and excel through continuous learning, creativity and innovation.Having successfully completed a wide diversity of complex projects, our company has earned a reputation as a high-performance, results-oriented construction manager, working for some of New York City’s most prominent developers.”

Founded in 2003, CNY and its affiliated operating business units combine building expertise and the highest professional standards with a delivery that is time-sensitive and bottom-line focused.CNY supports a culture that is family and team oriented.Building large scale projects is the firm’s core competency, and building careers is equally rewarding.Most active in the New York metropolitan area, CNY has provided services both nationally and internationally.

EY has expanded to recognize business leaders in over 145 cities and more than 60 countries throughout the world.Regional award winners are eligible for consideration for the Entrepreneur of The Year National competition.Award winners in several national categories, as well as the Entrepreneur of The Year National Overall Award winner, will be announced at the Entrepreneur of The Year National Awards gala in Palm Springs, California, on November 18, 2017. The awards are the culminating event of the Strategic Growth Forum^TM, the nation’s most prestigious gathering of high-growth, market-leading companies.

About CNY Group

Headquartered in New York City, CNY Group is dedicated to successfully executing their clients’ vision and enhancing value through performance 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 and institutional clientele. CNY is known forinnovation, as well as its collaborative, open forum style of management. Its expertise is deeply rooted in high-rise construction, complex renovations and build-out of sustainable and uniquely designed spaces. The company’s core competency includes large-scale residential, commercial, lodging and mixed-use construction; institutional, retail and interior construction. For more information, visit www.cnygroup.com.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services they deliver help build trust and confidence in the capital markets and in economies the world over. EY develops outstanding leaders who team to deliver on the firm’s promises to all of its stakeholders. In so doing, EY plays a critical role in building a better working world for people, clients and communities.EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about the organization, please visit ey.com.