In 1926, Pio Bozzi and John Ganzi, friends from Parma, Italy, who had immigrated to New York, opened the original Palm Restaurant.

The Palm, as it became known, grew in stature through the years to become an iconic steakhouse on Manhattan’s Second Avenue that was run successfully as a two-family business. Eventually, it also expanded into nearly 25 Palm-branded restaurants found across the U.S. and overseas that between 2006 and 2017 grossed $1.5 billion.