Manhattan Chamber of Commerce Announces 2018 Best in the Business Awards Honorees
Thursday, October 11, 2018
NEW YORK – October 11, 2018 – The Manhattan Chamber of Commerce, a powerful community of business leaders and entrepreneurs, announced the companies and individuals that will be honored at its annual “Best in the Business Awards” gala on Thursday, November 8, 2018 at the New York Hilton Midtown Hotel. These coveted awards highlight the “above and beyond” achievements of businesses with a significant presence in New York City -- the Business Capital of the World, -- underscoring their dominant position in today’s global marketplace.
The Business of the Year Award will be presented to WeWork for its unprecedented growth strategy, which included becoming the largest tenant of Manhattan office space this year.
Frank Sorrentino III, Chairman and CEO of ConnectOne Bank (NASDAQ: CNOB), will receive the Executive of the Year Award for his visionary leadership in founding and scaling one of the top community banks in the nation.
Peloton will receive the Most Innovative Award for developing a unique and disruptive portfolio of products and services that combine fitness, technology and media to bring instructor-led live studio classes into people's homes.
The Breakthrough Company of the Year Award will be presented to Fanatics, which garnered exclusive rights to make and sell Nike NFL merchandise to fans starting in 2020.
Avison Young will receive the Company to Watch Award after hiring some of the hottest real estate talent New York City has to offer.
“This year our Chamber honors five remarkable recipients that have demonstrated a strong spirit of entrepreneurial thinking and whose success stories are inextricably linked to New York City,” said Jessica Walker, President and CEO of the Manhattan Chamber. “By any measure, each had an enviable year and they truly represent the best of the best in New York.”
About the Honorees
WeWork provides its members around the world with space, community, and services through both physical and virtual offerings. Co-founded by Adam Neumann and Miguel McKelvey in New York City in 2010, WeWork is a privately held company with over 5000 employees. In 2018, according to the Wall Street Journal, WeWork became Manhattan’s largest private office tenant, occupying over 5.3 million square feet. WeWork’s growth also includes the acquisition and expansion of the Flatiron School - a New York-based coding school - now open in six cities across the United States and in London.
Frank Sorrentino III founded ConnectOne Bank in 2005 to serve local residents and businesses. In the next thirteen, the bank grew to over $5 billion assets with 22 locations across the New Jersey and New York markets with 7 additional New York locations being added in 2019. Under Frank’s leadership, the company rebranded, completed the first bank IPO since the great recession, and completed one of the largest mergers in the state of New Jersey. Today, ConnectOne continues grow and expand its mission, proving that putting people first is a better way to do business.
Peloton is reinventing exercise by bringing live classes led by New York City instructors into homes across the United States. Founded in 2012, Peloton launched their interactive, touch screen stationary bike. In 2018, the company unveiled the Peloton Tread, an interactive treadmill, and launched Peloton Digital, offering users access to on-demand fitness classes. Peloton also officially achieved “unicorn” status in 2018 and has been most recently valued at $4 billion.
Fanatics, the global leader for licensed sports merchandise, is a new breed of retailer that is transforming the way high-quality fan gear is designed, manufactured and distributed globally through a tech-infused vertical manufacturing model. The company’s ability to best service fans living in today’s mobile-first, on-demand world has garnered Fanatics unprecedented rights with the world’s top sports leagues, most recently having announced a 10-year partnership with the NFL and Nike which will see the Fanatics manufacture and distribute all Nike NFL adult products sold at retail, including jerseys, beginning in 2020.
Founded in 1978, Avison Young is the world’s fastest-growing, private commercial real estate firm. In 2018 - 8 years after entering the U.S. market - Avison Young expanded its impressive New York City team from 80 to 130 people, hiring, among others, James Nelson, who most recently served as Vice Chairman of Cushman & Wakefield, where his team marketed over $1 billion in listings.
About the Manhattan Chamber of Commerce
The Manhattan Chamber of Commerce is a powerful community of businesses -- including startups, long-time neighborhood stores, and established companies -- that help one another succeed. We do this through:
- Business development. We foster game-changing connections for our members and provide opportunities to meet future clients and customers, showcase and test products, elevate brands and enhance visibility.
- Advocacy, access and influence. We have relationships with elected officials and at the highest levels -- and we offer platforms for our members to engage with them.
- Strategic guidance. We offer valuable intel, expert advice, training, mentorship and other resources to help members make strategic business decisions and advance their careers.
For additional information on the Manhattan Chamber of Commerce visit www.manhattancc.org.
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