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PJT Partners, Inc. is a global advisory-focused investment bank , founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses. The firm was founded by Paul J Taubman after his 30-year tenure at Morgan Stanley, where he served as Global Head of Mergers and Acquisitions, Global Head of Investment Banking and until the end of 2012, Co-President of the Institutional Securities Group, which included Investment Banking as well as Sales and Trading.

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74-449: PJT operates leading businesses across Strategic Advisory, Strategic Capital Markets, Restructuring, Shareholder Advisory and Capital Raising. The firm has advised on over $ 600bn+ in M&;A transactions in its short history, including AbbVie's $ 63bn acquisition of Allergan, T-Mobile's $ 59 Billion Merger with Sprint and Mylan's $ 50 Billion Combination with Upjohn, a Division of Pfizer. The firm

148-580: A child, he was educated in southeastern France before his family immigrated to Paris in 1963. His brother is Serge Azria, the founder of the women's clothing lines Joie, Current/Elliott, and Equipment which is based in Los Angeles . After 11 years of designing a line of women's apparel in Paris, Azria moved to Los Angeles in 1981 and launched Jess, a series of new-concept retail boutiques for women's apparel. In 1989, Azria launched BCBG Max Azria, named for

222-612: A decade between Irish immigrants and Black people for work. Rioters burned the Colored Orphan Asylum to the ground. At least 120 people were killed. Eleven Black men were lynched over five days, and the riots forced hundreds of Blacks to flee. The Black population in Manhattan fell below 10,000 by 1865. The White working class had established dominance. It was one of the worst incidents of civil unrest in American history . In 1886,

296-498: A global brand, adopted in homes everywhere to prevent virus-carrying insects," Max Azria said in a statement. Entrepreneurial at heart, it was only natural for the 68 year old to dive into a startup rather than retire. ZappLight is a "2-in-1" LED light bulb and bug zapper. ZappLight is disrupting the bug zapper industry that has been around since the 80's. The ZappLight's new spin is combining an LED light that attracts bugs and mosquitoes and functions as an actual light bulb, along with

370-1479: A number of senior European bankers to lead PJT Partners' European operation. Soon after the firm was founded, former NBA Commissioner David J. Stern joined the firm as a senior adviser. The firm is organized across three business lines: Strategic Advisory handles M&A , capital markets advisory, spin-offs, private placements , structured products and other transactions. Restructuring & Special Situations handles debtor advisory, creditor advisory, out-of-court solutions, distressed M&A and expert witness testimony. The Park Hill Group provides services for private equity , real estate , hedge funds and secondary advisory services. In 2018, PJT acquired CamberView, which advises clients on all aspects of corporate governance and shareholder activism, including contested situations, for $ 165 million. CamberView has since re-branded as PJT Camberview. The firm's restructuring and special situations team offers services that include advising companies, governments, creditors, and financial sponsors on distressed M&A, recapitalizations, reorganizations, exchange offers, debt repurchases and capital raises across industries such as automotive, consumer products, energy, financial institutions, healthcare, real estate, gaming & leisure, manufacturing, media & communications, retail, shipping, steel and transportation. The firm's restructuring business has completed over $ 1.9 trillion worth of deals since inception and

444-510: A part of the colony of New York . It became a center of slavery , with 42% of households enslaving Africans by 1730. Most were domestic slaves ; others were hired out as labor. Slavery became integrally tied to New York's economy through the labor of slaves throughout the port, and the banking and shipping industries trading with the American South . During construction in Foley Square in

518-510: A reputation as a despotic leader. He instituted regulations on liquor sales, attempted to assert control over the Dutch Reformed Church , and blocked other religious groups from establishing houses of worship. In 1664, unable to summon any significant resistance, Stuyvesant surrendered New Amsterdam to English troops, led by Colonel Richard Nicolls , without bloodshed. The terms of the surrender permitted Dutch residents to remain in

592-524: A result of Sandy, and the economic losses in New York City were estimated to be roughly $ 19 billion. The disaster spawned long-term efforts towards infrastructural projects to counter climate change and rising seas, with $ 15 billion in federal funding received through 2022 towards those resiliency efforts. In March 2020, the first case of COVID-19 in the city was confirmed. With its population density and its extensive exposure to global travelers,

666-476: A speech denying the request, which was paraphrased on the front page of the New York Daily News as "FORD TO CITY: DROP DEAD." The Municipal Assistance Corporation was formed and granted oversight authority over the city's finances. While a resurgence in the financial industry greatly improved the city's economic health in the 1980s, New York's crime rate continued to increase through that decade and into

740-476: Is a global center of finance and commerce , culture , technology , entertainment and media , academics and scientific output , the arts and fashion , and, as home to the headquarters of the United Nations , international diplomacy . With an estimated population in 2023 of 8,258,035 distributed over 300.46 square miles (778.2 km ), the city is the most densely populated major city in

814-433: Is a collection of couture gowns created for celebrity clients and red-carpet events. Sharon Stone , Halle Berry , Fergie , and Alicia Keys have worn the label on red carpets. In February 2006, Azria debuted Max Azria, a ready-to-wear collection with a directional aesthetic on the runway at New York Fashion Week. During the 2009 awards season, Angelina Jolie wore Max Azria to the 2009 Screen Actors Guild Awards and

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888-467: Is an established safe haven for global investors. As of 2023 , New York City is the most expensive city in the world for expatriates and has by a wide margin the highest U.S. city residential rents; and Fifth Avenue is the most expensive shopping street in the world. New York City is home by a significant margin to the highest number of billionaires , individuals of ultra-high net worth (greater than US$ 30 million), and millionaires of any city in

962-577: Is headquartered in New York City , with additional offices in Boston , Chicago , Hong Kong , Houston , London , Los Angeles , Madrid , San Francisco and Sydney , and employs approximately 700 people. In 2015, PJT Partners, Inc. was created from a merger of the advisory arm of The Blackstone Group (which had operated for thirty years) and PJT Capital LP, a strategic advisory firm founded by Paul Jefferey Taubman in 2013. PJT Partners' first day of trading

1036-452: Is often featured in major fashion publications such as Vogue , InStyle , and Vanity Fair in addition to online sites including Style.com and iFashion Network. BCBG Max Azria Group filed for Chapter 11 bankruptcy protection on February 28, 2017; it was reported in July 2017 that the brand and its sister labels would be taken over by Marquee Brands and Global Brands Group, which bought

1110-598: Is the most populous city in the United States , located at the southern tip of New York State on one of the world's largest natural harbors . The city comprises five boroughs , each coextensive with a respective county . The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area , the largest metropolitan area in the U.S. by both population and urban area . New York

1184-837: The Atlantic port to the agricultural markets and commodities of the North American interior via the Hudson River and the Great Lakes . Local politics became dominated by Tammany Hall , a political machine supported by Irish and German immigrants . In 1831, New York University was founded. Several prominent American literary figures lived in New York during the 1830s and 1840s, including William Cullen Bryant , Washington Irving , Herman Melville , Rufus Wilmot Griswold , John Keese , Nathaniel Parker Willis , and Edgar Allan Poe . Members of

1258-876: The Crown , with as many as 10,000 escaped slaves crowded into the city during the British occupation, the largest such community on the continent. When the British forces evacuated New York at the close of the war in 1783, they transported thousands of freedmen for resettlement in Nova Scotia , England, and the Caribbean . The attempt at a peaceful solution to the war took place at the Conference House on Staten Island between American delegates, including Benjamin Franklin , and British general Lord Howe on September 11, 1776. Shortly after

1332-642: The French phrase " bon chic, bon genre ," a Parisian slang phrase which means "good style, good attitude". He was applauded for offering designer fashion at affordable price points and inducted into the Council of Fashion Designers of America (CFDA) in 1998. The BCBG Max Azria Runway collection was first presented at New York Fashion Week in 1996. Azria maintained two eponymous designer collections, Max Azria Atelier and Max Azria. Launched in February 2004, Max Azria Atelier

1406-699: The New York City Fire Department and 71 law enforcement officers. The area was rebuilt with a new World Trade Center , the National September 11 Memorial and Museum , and other new buildings and infrastructure, including the World Trade Center Transportation Hub , the city's third-largest hub. The new One World Trade Center is the tallest skyscraper in the Western Hemisphere and the seventh-tallest building in

1480-947: The Northwest Passage to the Orient for the Dutch East India Company . He sailed up what the Dutch called North River (now the Hudson River), named first by Hudson as the Mauritius after Maurice, Prince of Orange . Hudson claimed the region for the Dutch East India Company. In 1614, the area between Cape Cod and Delaware Bay was claimed by the Netherlands and called Nieuw-Nederland (' New Netherland '). The first non–Native American inhabitant of what became New York City

1554-561: The Statue of Liberty , a gift from France , was dedicated in New York Harbor. The statue welcomed 14 million immigrants as they came to the U.S. via Ellis Island by ship in the late 19th and early 20th centuries, and is a symbol of the United States and American ideals of liberty and peace. In 1898, the City of New York was formed with the consolidation of Brooklyn (until then a separate city),

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1628-683: The Stonewall riots were a series of violent protests by members of the gay community against a police raid that took place in the early morning of June 28, 1969, at the Stonewall Inn in Greenwich Village . They are widely considered to be the single most important event leading to the gay liberation movement and the modern fight for LGBT rights . Wayne R. Dynes , author of the Encyclopedia of Homosexuality , wrote that drag queens were

1702-547: The intellectual property rights and assets of the company. Azria was married twice. He was divorced from his first wife with whom he had three children: Michael John Azria (born 1974), Joyce Azria Nassir (born 1981), and Marine Azria (born 1984). Max was married to Lubov Azria , chief creative officer for BCBG Max Azria Group. Lubov was born in Ukraine . Max and Lubov had three children: Chloe (born 1993), Nushi (born 1996), and Agnes (born 1997). Max's daughter, Joyce Azria, became

1776-586: The steamship General Slocum caught fire in the East River , killing 1,021 people. In 1911, the Triangle Shirtwaist Factory fire , the city's worst industrial disaster, killed 146 garment workers and spurred the growth of the International Ladies' Garment Workers' Union and major improvements in factory safety standards. New York's non-White population was 36,620 in 1890. New York City

1850-493: The waterfronts since Dutch colonial times; reclamation is most prominent in Lower Manhattan, with developments such as Battery Park City in the 1970s and 1980s. Some of the natural relief in topography has been evened out, especially in Manhattan. BCBGMAXAZRIA Max Azria (January 1, 1949 – May 6, 2019) was a French-American fashion designer who founded the contemporary women's clothing brand BCBG MAX AZRIA. He

1924-535: The 1990s, the African Burying Ground was discovered; the cemetery included 10,000 to 20,000 graves of colonial-era Africans, some enslaved and some free. The 1735 trial and acquittal in Manhattan of John Peter Zenger , who had been accused of seditious libel after criticizing colonial governor William Cosby , helped to establish freedom of the press in North America . In 1754, Columbia University

1998-525: The 19th century, the city was transformed by both commercial and residential development relating to its status as a national and international trading center , as well as by European immigration, respectively. The city adopted the Commissioners' Plan of 1811 , which expanded the city street grid to encompass almost all of Manhattan. The 1825 completion of the Erie Canal through central New York connected

2072-718: The 2009 Critics Choice Awards . In 2006, the company bought out G+G Retail (including the G+G and Rave brands) which had gone bankrupt. Azria acquired the Hervé Léger fashion house in 1998, marking the first time in history that an American designer had acquired a French couturier. In early 2007, he relaunched the Hervé Léger label with his own designs, which were quickly embraced by celebrities and trendsetters worldwide. In fall 2008, Max Azria presented BCBG Max Azria Runway, Max Azria, and Hervé Léger by Max Azria at New York Fashion Week; this

2146-671: The British occupation began, the Great Fire of New York destroyed nearly 500 buildings, about a quarter of the structures in the city, including Trinity Church . In January 1785, the assembly of the Congress of the Confederation made New York City the national capital. New York was the last capital of the U.S. under the Articles of Confederation and the first capital under the Constitution of

2220-518: The Bronx , and Staten Island . Anchored by Wall Street in the Financial District, Manhattan , New York City has been called both the world's premier financial and fintech center and the most economically powerful city in the world. As of 2022 , the New York metropolitan area is the largest metropolitan economy in the world , with a gross metropolitan product of over US$ 2.16 trillion. If

2294-558: The County of New York (which then included parts of the Bronx), the County of Richmond, and the western portion of the County of Queens. The opening of the New York City Subway in 1904, first built as separate private systems, helped bind the new city together. Throughout the first half of the 20th century, the city became a world center for industry, commerce, and communication. In 1904,

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2368-585: The Dutch West India Company relinquished its monopoly over the fur trade, leading to growth in the production and trade of food, timber, tobacco, and slaves (particularly with the Dutch West Indies ). In 1647, Peter Stuyvesant began his tenure as the last Director-General of New Netherland. During his tenure, the population of New Netherland grew from 2,000 to 8,000. Stuyvesant has been credited with improving law and order; however, he earned

2442-529: The Dutch colonial Director-General Peter Minuit , as charged by the Dutch West India Company , purchased the island of Manhattan from the Canarsie , a small Lenape band, for "the value of 60 guilders " (about $ 900 in 2018). A frequently told but disproved legend claims that Manhattan was purchased for $ 24 worth of glass beads. Following the purchase, New Amsterdam grew slowly. To attract settlers,

2516-597: The Dutch instituted the patroon system in 1628, whereby wealthy Dutchmen ( patroons , or patrons) who brought 50 colonists to New Netherland would be awarded land, local political autonomy, and rights to participate in the lucrative fur trade. This program had little success. Since 1621, the Dutch West India Company had operated as a monopoly in New Netherland, on authority granted by the Dutch States General . In 1639–1640, in an effort to bolster economic growth,

2590-580: The Native Americans and epidemics brought on by contact with the Europeans caused sizeable population losses for the Lenape between 1660 and 1670. By 1700, the Lenape population had diminished to 200. New York experienced several yellow fever epidemics in the 18th century, losing ten percent of its population in 1702 alone. In the early 18th century, New York grew in importance as a trading port while as

2664-470: The New York metropolitan area were its own country , it would have the tenth-largest economy in the world . Despite having a 24/7 rapid transit system , New York also leads the world in urban automobile traffic congestion . The city is home to the world's two largest stock exchanges by market capitalization of their listed companies: the New York Stock Exchange and Nasdaq . New York City

2738-699: The Revolutionary War and escaped slaves, a significant free-Black population gradually developed in Manhattan. The New York Manumission Society worked for abolition and established the African Free School to educate Black children. It was not until 1827 that slavery was completely abolished in the state . Free Blacks struggled with discrimination and interracial abolitionist activism continued. New York City's population jumped from 123,706 in 1820 (10,886 of whom were Black and of which 518 were enslaved) to 312,710 by 1840 (16,358 of whom were Black). Also in

2812-461: The United States . As the U.S. capital, New York City hosted the inauguration of the first President, George Washington , and the first Congress , at Federal Hall on Wall Street . Congress drafted the Bill of Rights there. The Supreme Court held its first organizational sessions in New York in 1790. In 1790, for the first time, New York City surpassed Philadelphia as the nation's largest city. At

2886-436: The United States . As many as 800 languages are spoken in New York City, making it the most linguistically diverse city in the world. In 2021, the city was home to nearly 3.1 million residents born outside the U.S., the largest foreign-born population of any city in the world. New York City traces its origins to Fort Amsterdam and a trading post founded on Manhattan Island by Dutch colonists around 1624. The settlement

2960-416: The United States. New York City has more than double the population of Los Angeles , the nation's second-most populous city. With more than 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York City is one of the world's most populous megacities . The city and its metropolitan area are the premier gateway for legal immigration to

3034-694: The area for France and named it Nouvelle Angoulême (New Angoulême ). A Spanish expedition, led by the Portuguese captain Estêvão Gomes sailing for Emperor Charles V , arrived in New York Harbor in January 1525 and charted the mouth of the Hudson River , which he named Río de San Antonio ('Saint Anthony's River'). In 1609, the English explorer Henry Hudson rediscovered New York Harbor while searching for

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3108-543: The beginning of the 1990s. By the mid-1990s, crime rates started to drop dramatically due to revised police strategies, improving economic opportunities, gentrification , and new residents, both American transplants and new immigrants from Asia and Latin America. New York City's population exceeded 8 million for the first time in the 2000 United States census ; further records were set in 2010 , and 2020 U.S. censuses. Important new sectors, such as Silicon Alley , emerged in

3182-583: The business elite lobbied for the establishment of Central Park , which in 1857 became the first landscaped park in an American city. The Great Irish Famine brought a large influx of Irish immigrants, of whom more than 200,000 were living in New York by 1860, representing over a quarter of the city's population. Extensive immigration from the German provinces meant that Germans comprised another 25% of New York's population by 1860. Democratic Party candidates were consistently elected to local office, increasing

3256-557: The city from New Jersey. The East River—a tidal strait —flows from Long Island Sound and separates the Bronx and Manhattan from Long Island. The Harlem River , another tidal strait between the East and Hudson rivers, separates most of Manhattan from the Bronx. The Bronx River , which flows through the Bronx and Westchester County , is the only entirely freshwater river in the city. The city's land has been altered substantially by human intervention, with considerable land reclamation along

3330-439: The city rapidly replaced Wuhan , China as the global epicenter of the pandemic during the early phase, straining the city's healthcare infrastructure. Through March 2023, New York City recorded more than 80,000 deaths from COVID-19-related complications. New York City is situated in the northeastern United States , in southeastern New York State, approximately halfway between Washington, D.C. and Boston . Its location at

3404-613: The city's economy. The advent of Y2K was celebrated with fanfare in Times Square . New York City suffered the bulk of the economic damage and largest loss of human life in the aftermath of the September 11, 2001, attacks . Two of the four airliners hijacked that day were flown into the twin towers of the World Trade Center, resulting in the collapse of both buildings and the deaths of 2,753 people, including 343 first responders from

3478-776: The city's ties to the South and its dominant party. In 1861, Mayor Fernando Wood called on the aldermen to declare independence from Albany and the United States after the South seceded, but his proposal was not acted on. Anger at new military conscription laws during the American Civil War (1861–1865), which spared wealthier men who could afford to hire a substitute, led to the Draft Riots of 1863 , whose most visible participants were ethnic Irish working class. The draft riots deteriorated into attacks on New York's elite, followed by attacks on Black New Yorkers after fierce competition for

3552-456: The colony and allowed for religious freedom. In 1667, during negotiations leading to the Treaty of Breda after the Second Anglo-Dutch War , the victorious Dutch decided to keep the nascent plantation colony of what is now Suriname , which they had gained from the English, and in return the English kept New Amsterdam. The settlement was promptly renamed "New York" after the Duke of York (the future King James II and VII). The duke gave part of

3626-442: The colony to proprietors George Carteret and John Berkeley . On August 24, 1673, during the Third Anglo-Dutch War , Anthony Colve of the Dutch navy seized New York at the behest of Cornelis Evertsen the Youngest and rechristened it "New Orange" after William III , the Prince of Orange . The Dutch soon returned the island to England under the Treaty of Westminster of November 1674. Several intertribal wars among

3700-417: The development of large housing tracts in eastern Queens and Nassau County , with Wall Street leading America's place as the world's dominant economic power. The United Nations headquarters was completed in 1952, solidifying New York's global geopolitical influence, and the rise of abstract expressionism in the city precipitated New York's displacement of Paris as the center of the art world. In 1969,

3774-406: The end of 1790, the national capital was moved to Philadelphia . During the 19th century, New York City's population grew from 60,000 to 3.43 million. Under New York State's gradual emancipation act of 1799, children of slave mothers were to be eventually liberated but to be held in indentured servitude until their mid-to-late twenties. Together with slaves freed by their masters after

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3848-457: The founding of a Dutch fur trading settlement on Governors Island . In 1625, construction was started on a citadel and Fort Amsterdam , later called Nieuw Amsterdam (New Amsterdam), on present-day Manhattan Island. The colony of New Amsterdam extended from the southern tip of Manhattan to modern-day Wall Street , where a 12-foot (3.7 m) wooden stockade was built in 1653 to protect against Native American and English raids. In 1626,

3922-551: The globe including Nordstrom , Saks Fifth Avenue , Bergdorf Goodman , Lord & Taylor , Bloomingdale's , Macy's , Dillard's , the UK's Harvey Nichols , Hong Kong's Lane Crawford , Taiwan's Mitsukoshi , and Singapore's Takashimaya stores. BCBG Max Azria Group campaigns regularly feature notable models including Eva Herzigova , Karen Elson , and Jessica Stam . The company frequently works with internationally renowned photographers like Patrick Demarchelier , Paolo Roversi , and David Sims. BCBG Max Azria Group clothing

3996-410: The ice (and its subsequent retreat) contributed to the separation of what is now Long Island and Staten Island. That action left bedrock at a relatively shallow depth, providing a solid foundation for most of Manhattan's skyscrapers. The Hudson River flows through the Hudson Valley into New York Bay . Between New York City and Troy, New York , the river is an estuary . The Hudson River separates

4070-434: The last American stronghold in Manhattan, causing George Washington and his forces to retreat across the Hudson River to New Jersey , pursued by British forces. After the battle, in which the Americans were defeated, the British made the city their military and political base of operations in North America. The city was a haven for Loyalist refugees and escaped slaves who joined the British lines for freedom promised by

4144-419: The most populous urbanized area in the world in the early 1920s, overtaking London . The metropolitan area surpassed 10 million in the early 1930s, becoming the first megacity . The Great Depression saw the election of reformer Fiorello La Guardia as mayor and the fall of Tammany Hall after eighty years of political dominance. Returning World War II veterans created a post-war economic boom and

4218-437: The mouth of the Hudson River , which feeds into a naturally sheltered harbor and then into the Atlantic Ocean , has helped the city grow in significance as a trading port. Most of the city is built on the three islands of Long Island, Manhattan, and Staten Island. During the Wisconsin glaciation , 75,000 to 11,000 years ago, the New York City area was situated at the edge of a large ice sheet . The erosive forward movement of

4292-445: The only " transgender folks around" during the June 1969 Stonewall riots. The transgender community in New York City played a significant role in fighting for LGBT equality. In the 1970s, job losses due to industrial restructuring caused New York City to suffer from economic problems and rising crime rates. Growing fiscal deficits in 1975 led the city to appeal to the federal government for financial aid; President Gerald Ford gave

4366-457: The revenue achieved five years prior. In 2020, the firm was rated "No. 3 Best Banking Firms for Business Outlook" by Vault. The firm is routinely cited as one of the best paying firms in the industry where average pay per head is ~$ 750,000 and has the highest pay for first year analysts. Each year, the firm hires about 20 analysts. Paul Jeffrey Taubman has served as the chairman and chief executive of PJT Partners since its inception in 2015, and

4440-415: The world by pinnacle height, with its spire reaching a symbolic 1,776 feet (541.3 m), a reference to the year of U.S. independence . The Occupy Wall Street protests in Zuccotti Park in the Financial District of Lower Manhattan began on September 17, 2011, receiving global attention and popularizing the Occupy movement against social and economic inequality worldwide. New York City

4514-409: The world. In 1664, New York was named in honor of the Duke of York (later King James II of England ). James's elder brother, King Charles II , appointed the Duke as proprietor of the former territory of New Netherland , including the city of New Amsterdam , when the Kingdom of England seized it from Dutch control. In the pre-Columbian era , the area of present-day New York City

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4588-626: The zapping technology of old. The ZappLight is a bulb and not an entire fixture, meaning that homeowners can install them in any of their open bulb light fixtures outside. BCBG Max Azria Group is a global fashion house with a portfolio including more than 20 brands. Max Azria was the CEO, chairman and head designer and his widow, Lubov Azria is the chief creative officer. As of 2006 there were over 550 BCBG Max Azria boutiques worldwide, including locations in London , Paris, Tokyo ; Santiago, Chile ; and Hong Kong . Azria's collections are also sold in specialty stores and major department stores across

4662-422: Was Juan Rodriguez , a merchant from Santo Domingo who arrived in Manhattan during the winter of 1613–14, trapping for pelts and trading with the local population as a representative of the Dutch colonists. A permanent European presence near New York Harbor was established in 1624, making New York the 12th-oldest continuously occupied European-established settlement in the continental United States , with

4736-440: Was heavily affected by Hurricane Sandy in late October 2012. Sandy's impacts included flooding that led to the days-long shutdown of the subway system and flooding of all East River subway tunnels and of all road tunnels entering Manhattan except the Lincoln Tunnel . The New York Stock Exchange closed for two days due to weather for the first time since the Great Blizzard of 1888 . At least 43 people died in New York City as

4810-411: Was a prime destination in the early 20th century for Blacks during the Great Migration from the American South, and by 1916, New York City had the largest urban African diaspora in North America. The Harlem Renaissance of literary and cultural life flourished during the era of Prohibition . The larger economic boom generated construction of skyscrapers competing in height. New York City became

4884-466: Was also the designer, chairman, and CEO of the BCBG Max Azria Group, a global fashion house which encompassed over 20 brands. He left BCBG in 2016. BCBG Max Azria filed for bankruptcy in 2017 and was sold to Marquee Brands and Global Brands Group . Later Azria served as the CEO of ZappLight. Max Azria was born in Sfax , Tunisia , the youngest of six children to a family of both Sephardi Jewish and Mizrahi Jewish ( Tunisian-Jewish ) descent. As

4958-450: Was founded. The Stamp Act Congress met in New York in October 1765, as the Sons of Liberty organization emerged in the city and skirmished over the next ten years with British troops stationed there. The Battle of Long Island , the largest battle of the American Revolutionary War , was fought in August 1776 within modern-day Brooklyn. A British rout of the Continental Army at the Battle of Fort Washington in November 1776 eliminated

5032-412: Was inhabited by Algonquians , including the Lenape . Their homeland, known as Lenapehoking , included the present-day areas of Staten Island , Manhattan , the Bronx , the western portion of Long Island (including Brooklyn and Queens ), and the Lower Hudson Valley . The first documented visit into New York Harbor by a European was in 1524 by explorer Giovanni da Verrazzano . He claimed

5106-468: Was named New Amsterdam in 1626 and was chartered as a city in 1653. The city came under English control in 1664 and was temporarily renamed New York after King Charles II granted the lands to his brother, the Duke of York , before being permanently renamed New York in November 1674. New York City was the U.S. capital from 1785 until 1790. The modern city was formed by the 1898 consolidation of its five boroughs : Manhattan , Brooklyn , Queens ,

5180-530: Was on October 1, 2015; on the same day, it became publicly traded , listing on the New York Stock Exchange (NYSE) under the symbol PJT . On its first day of trading, PJT had 330 employees and 46 partners. Blackstone’s decision to do the spin-off was largely driven by the conflicts of interest that arose between Blackstone’s advisory services business and its investing businesses, including private equity, real estate investing and hedge funds. In 2020, PJT achieved record revenue of $ 1.05 billion, more than double

5254-1609: Was ranked #1 globally and in the U.S. for both announced and completed restructuring deals for the first quarter of 2016. Notable restructuring and special situations clients include Ford , General Motors , Goodyear , BCBGMAXAZRIA , Chiquita , Kodak , Hostess Brands , Mrs. Fields' Original Cookies , Xerox , Arch Coal , CHC Helicopter , TXU Energy , Enron , Evergreen Solar , General Electric , Key Energy , Linn Energy , Odebrecht , Penn Virginia , Samson Resources, Walter Energy , American International Group (AIG), Bear Stearns , Kaupthing , Lehman Brothers , Four Seasons Health Care , Vencor , Bally , Los Angeles Dodgers , Six Flags , Cengage , Dow Corning , Molycorp , Noranda Aluminum , Verso Corporation , AT&T Canada , Comcast , Avaya , iHeartMedia , Motorola , NII Holdings , Nortel , Tribune Media , Vivacom , Detroit , Dubai World , Greece , Iceland , Kansas , Puerto Rico , Ukraine , Caesars Entertainment Corporation , Kerzner International Resorts , Barneys New York , Macy's, Inc. , Jack Wolfskin , J. C. Penney , Sears , Quiksilver , Sports Authority , Ultrapetrol , Aeroméxico , American Airlines , Delta Air Lines , Gol Transportes Aéreos , Kenya Airways . The firm competes with all investment banks that provide strategic advisory services. Main competitors include other leading independent advisory firms such as Centerview , Evercore , Greenhill & Co. , Moelis & Company , Lazard , and Perella Weinberg Partners . New York City New York , often called New York City or NYC ,

5328-474: Was sold to Marquee Brands and Global Brands Group in the same year. On May 31, 2017, ZappLight announced that Max Azria joined ZappLight and its parent co Clean Concept LLC as CEO and partner. "Though fashion and technology are inherently different, they increasingly intersect as both are centered on pushing the boundaries of great design and in inspiring and delighting consumers. I am thrilled to be part of this new and exciting venture to grow ZappLight into

5402-471: Was the first time an American designer produced three major fashion shows throughout a single New York Fashion Week event. Azria launched a young contemporary collection called BCBGeneration in 2008. In June 2009, he and Miley Cyrus teamed up to create a line for Walmart called Miley Cyrus & Max Azria. Azria designed clothing for Cyrus' 2009 American tour. He left BCBG in 2016 as the company foundered and BCBG Max Azria filed for bankruptcy in 2017. It

5476-401: Was the founder of its predecessor firm, PJT Capital LP, in 2013. He previously spent approximately 30 years at Morgan Stanley , where he was Co-President of Institutional Securities. Bloomberg News reported that Taubman was the second-highest-paid U.S. executive of 2015 (after Patrick Soon-Shiong ), earning $ 164 million in awarded pay. In 2015, before the firm began operations, Taubman hired

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