For decades the women of New York have been at the forefront of the local business community, running companies in industries as diverse as law, media, construction, finance and architecture. Today there are nearly 600,000 women-owned businesses in New York, the most of any city in the U.S.
The statistic reflects women’s grit and determination to succeed professionally. The figure also represents numerous pioneer business owners, some of whom have been in their roles for decades.
With its list of Notable Women Business Owners, Crain’s recognizes those who have forged their career paths and, in turn, powered the city’s economy. Women-owned companies represent more than 40% of all registered businesses in the city and generate more than $70 billion in revenue annually.
This list includes trailblazers such as Dorothea Regal, who founded a litigation law firm 25 years ago, a rare event for the time, and Barbara Armand Kushner, who 30 years ago set up a construction management firm that has city agencies as clients today. Also on Crain’s list is Marci Lobel-Esrig, who more recently established a bill-payment service, SilverBills, to help manage household finances.
The accomplishments of the women on these pages mirror a commitment by the city to support women-owned businesses. The Department of Small Business Services, for example, created Women Entrepreneurs NYC, an initiative that enables women to start and grow businesses.
For their part, the honorees have given back to their communities, encouraging future generations of women business owners.
Read on to learn more about these women of distinction and be inspired by their success.
METHODOLOGY: The honorees did not pay to be included. Their profiles were drawn from submitted nomination materials as well as editorial nominations. This list is not comprehensive. It includes only executives for whom nominations were submitted and accepted after an editorial review, plus after Crain’s consulted with trusted sources in the city business community. To qualify for this list, female honorees had to be employed within New York City or the surrounding counties, serving as a business founder or owner, or operating and/or controlling a business, service or other organization. Honorees must have been in the business for a minimum of five years with a staff size of at least 10.
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