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Newmark Group Inc. is a commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark , and is listed on the NASDAQ Global Select Market under the symbol "NMRK".

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33-547: The company’s services include Capital Markets, Global Corporate Services, Industrial and Logistics Services, Landlord Representation, Property Management, Retail Services, Tenant Representation and Valuation & Advisory. According to Real Capital Analytics, Newmark was the third-largest investment broker in the Americas in 2020 measured by sell-side investment sales activity. In its ‘Top 15 Most Powerful Brokerage Firms of 2021, Commercial Property Executive ranked Newmark 3rd. Newmark

66-506: A college education. OCA partners with United Parcel Service , Verizon Wireless , and the AXA Foundation to offer a diverse group of scholarships based on the criteria of achievement and financial need. This program aims to provide relevant professional development, peer networking and mentoring to aspiring AAPI professionals; expand BAC engagement, best practices and mentoring; and leverage venue for corporate employee resource group. It

99-730: A college leadership training program for Asian American and Pacific Islander student leaders and activists. The program focuses on the development of leadership and organizational skills that are relevant to AAPI campuses and communities. The interactive college leadership training program involves hands-on exercises, small group discussions, and presentations led by two qualified AAPI facilitators. The one-day training assembles 60 students from each region and focuses on self-awareness, team-building, and direct action organizing. Participants are asked to challenge themselves, share their experiences, and develop leadership tools in order to serve effectively as catalysts for change. The OCA internship program

132-493: A company owned by his uncles called Spear & Company (which was purchased by Harry Helmsley in 1955 to form Helmsley-Spear). He then worked as a real estate broker and joined Newmark & Company in 1953. In 1956, he purchased Newmark with his two partners. He served as chairman from 1957 to 1998. He was one of the first to convert industrial West Side properties and abandoned lofts to trendy, gentrified uses. He also acquired numerous landmark New York properties, such as

165-465: A distinct chapter with Harry Woo as its first president. The League of Chinese Americans in St. Louis also joined, becoming the third founding chapter of OCA. In 2013, OCA's National Board of Directors passed a resolution to change its name to "OCA - Asian Pacific American Advocates" to reflect a more expansive mission to represent the pan-ethnic interests of the community. OCA has more than 50 chapters across

198-545: A lull in New York City's real estate market, Gosin began building Newmark’s brokerage and advisory division. Gosin would later tell The New York Times that it was Newmark's unique combination of being a brokerage firm and having a significant investment portfolio that set the firm apart in the industry. In 1992, James Kuhn joined Newmark as President after serving as the owner/manager of the Mendik Company, where he oversaw

231-938: A partnership with London-based real estate firm Knight Frank becoming Newmark Knight Frank. In October 2011, BGC Partners, Inc. , an American global financial services company based in New York City, acquired Newmark. With the acquisition, Howard W. Lutnick , Chairman and Chief Executive Officer of BGC, became Chairman of Newmark, with Gosin, who had previously served on BGC's Board of Directors, remaining as Newmark's CEO and Jeff Gural as Chairman Emeritus. In April 2012, BGC Partners acquired assets of commercial real estate brokerage Grubb & Ellis, founded in 1958 by Donald Sr. & John Grubb & Harold Ellis, to form Newmark Grubb Knight Frank (NGKF). Newmark announced an expansion in South America in 2014 through partnerships in Argentina, Brazil, Colombia, Chile and Peru. According to Newmark,

264-693: A steering committee to establish a national organization for Chinese Americans in Detroit , Michigan. By February 1972, the Association of Chinese Americans was established and incorporated in Detroit, with Alex Mark as its first president. In late 1971, K.L. Wang also met with a group of about 20 Chinese Americans in the St. Louis community. This meeting lead to the formation of the League of Chinese Americans in early 1972. William Chang

297-615: Is a non-profit organization founded in 1973, whose stated mission is to advance the social, political, and economic well-being of Asian Americans and Pacific Islanders (AAPIs) in the United States . OCA National Center is located in Dupont Circle in Washington, D.C. , and serves as the headquarters for OCA. The national office and staff monitor legislation and policy issues affecting Asian Americans and Pacific Islanders. In addition, OCA

330-512: Is able to build national support and to work in coalition with other national groups around issues affecting Asian Americans and Pacific Islanders. OCA takes no collective position on the politics of any foreign country, but instead focuses on the welfare and civil rights of Asian Americans and Pacific Islanders in the United States. The goals of OCA are to: To achieve these goals, OCA is engaged in organizing 100+ chapters and affiliates across

363-869: The Post said. Over the past decade, Newmark and its parent company BGC Partners, Inc. have expanded real estate services and geographic reach through the acquisition of companies in the United States and internationally. Newmark has acquired more than 55 companies since 2011. 2012 2014 2015 2016 2017 2018 2021 2022 2023 In 2021, Commercial Property Executive named Newmark third in its annual Top Commercial Real Estate Brokerage Firms ranking, following CBRE and Cushman & Wakefield . The same ranking named Newmark second in Top 10 Firms in Sales and fifth in Top 10 Firms in Leasing. Real Capital Analytics named Newmark

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396-680: The United States Department of Justice , the United States Department of Defense , and even White House staff members and directors to discuss issues concerning civil rights and voting rights , especially as it pertains to the AAPI community. In addition, summer interns have also assisted the OCA National staff and the host OCA chapter staff at the annual OCA National Convention. The main internship placements are: For over 10 years, OCA has provided assistance to deserving AAPI students achieve

429-411: The 3rd largest investment broker in the Americas in 2020 based on sell-side investment sales activity. In 2022, Newmark commercial real estate agents were sued by a client after they drastically mispriced an asset in a deal they brokered. The property, once owned by OCA - Asian Pacific American Advocates , a Washington, D.C.-based non-profit, was sold for $ 4.4 million. Four months later, the buyer resold

462-501: The AAPI community for this lapse in judgment and takes the opportunity to better understand why the gesture is offensive." A few days later Cyrus responded on her website defending her actions, saying that "in NO way was I making fun of any ethnicity!" OCA Executive Director George Wu responded to Cyrus's response, by adding that, "It's not a real apology. We’re not backing down without a fuller apology." Since its founding in 1973, OCA has held

495-415: The AAPI community. In early 2009, a photograph of Miley Cyrus circulated online in which she had the corners of her eyes pulled back, displaying a slant-eyed expression, while friends, including an Asian male, surrounding her posed in other manners. OCA was one of the first groups to respond to the photograph, by offering criticism and disapproval, hoping that "...Miley Cyrus will apologize to her fans and

528-530: The Film Center Building at 630 Ninth Avenue and the historic DuMont building at 515 Madison Avenue. Gural became known as one of the first real estate executives to see the potential for restoring West Side industrial sites and abandoned lofts in the Garment District . In 1978, Aaron Gural's son, Jeffrey Gural , and Barry Gosin took ownership of the company. Throughout the late 1980s, in response to

561-742: The Flatiron Building. He was involved in the acquisition of over six million square feet of buildings in the New York metropolitan area through his career. His strategy was always to hold onto real estate over the long term. Gural was married twice: his first wife, Harriet Feil, died in 1945; his second wife, Marion Katz, the daughter of Russian Jewish immigrants, died in 1990. He has three children: Jeffrey Gural , Jane Gural Senders, and Barbara Gural. He died one day short of his 92nd birthday in Delray Beach , Florida , where he lived. In 1979, Gural

594-437: The United States. Each chapter develops its own outreach programs, ranging from educational seminars and Chinese language schools to voter registration drives. OCA chapters address a number of issues including inaccurate media portrayals of AAPIs, failed employment practices, hate crimes, and educational access. They also implement programs that aim to foster youth development, leadership development, and professional development in

627-507: The acquisition of 11 million square feet of office space and 6,000 apartments. Throughout the 1990s, Newmark continued to expand its property holdings, including through the purchase of New York's Flatiron Building beginning in 1997. In the late 1990s, the firm grew beyond its basic leasing and management operation by expanding its corporate services division. In 2001, Newmark invested in national appraiser Koeppel Tener Real Estate Services, founded by Alfred J. Koeppel . In 2006, Newmark formed

660-416: The asset for a 30% increase. The non-profit claimed that it did not receive the full price for its property because of errors made by Newmark's agents. In 2018, the company was sued by an administrative assistant over sexual harassment claims. While working in the firm, she alleged suffering repeated sexual advances, which she rebuffed. She further claimed that when she raised the issue to human resources, she

693-591: The firm currently operates in Argentina, Brazil, Colombia, Costa Rica, Mexico, Panama, and Puerto Rico. On December 15, 2017, Newmark listed on the Nasdaq stock exchange. In October 2020, Newmark Knight Frank formally rebranded to Newmark. On June 2, 2021, The Washington Post reported that The Trump Organization had hired Newmark to sell its lease to the Trump International Hotel in Washington, DC . "A representative of Newmark Group declined to comment",

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726-679: The largest annual conference dedicated to AAPI issues. Each year, the National Convention draws over 1,000 AAPI attendants from across the nation. The convention is a platform for the recognition of unsung heroes of the AAPI community, exemplary local chapters, sponsors, summer interns, and current individuals making a difference in the AAPI community. Recognized individuals and speakers include former Secretary of Labor Elaine Chao , YouTube co-founder Steve Chen , and Congressman Mike Honda . Sponsored by State Farm , OCA visits colleges and universities every Fall and Spring semester to conduct

759-519: The name of the organization were adopted. Pauline Tsui of Washington, DC, served as the convention committee chair. Anna Chennault was instrumental in recruiting support from Congress and the Administration. K.L. Wang was elected as its first national president. The Association of Chinese Americans in Detroit, while retaining its name, became a chapter. The original OCA in Washington, DC, evolved as

792-459: The nation to develop both leadership and community involvement. OCA was founded in 1973 to give voice and representation to Chinese Americans across the United States. Interest in civil rights advocacy had been growing in Chinese American communities since the late 1960s. OCA founders, among them Kung-Lee (K.L.) Wang, recognized a need for an organization to advocate for Chinese Americans on

825-599: The national level in the same way as the NAACP and the JACL advocated for their respective ethnic groups. In September 1971, K.L. Wang and others established the Chinese American Leadership Council, the precursor to OCA, in Washington, DC. K.L. Wang then traveled to many cities in the U.S. to promote a national advocacy organization for Chinese Americans. In November 1971, at the urging of K.L. Wang, Alex Mark chaired

858-552: The past, the summer program has offered interns the opportunity to participate in brown bag lunches on key issues affecting Asian Americans and Pacific Islanders such as immigration reform and health care, and has included visits to congressional office buildings , where interns meet with representatives , AAPI staffers, and members of the Congressional Asian Pacific American Caucus . Interns have also met with members of various government agencies such as

891-794: Was a founding member of the Jewish Community Center of the Greater Five Towns. In 2018, the JCC was renamed the Marion & Aaron Gural Jewish Community Center in his honor. He also served as president of the Congregation Sons of Israel in Woodmere . OCA - Asian Pacific American Advocates OCA-Asian Pacific American Advocates (previously known as the Organization of Chinese Americans )

924-527: Was chairman of New York real estate developer Newmark & Company for over 40 years. Gural was born Aaron Guralnick in Manhattan, one of three children of Meyer and Rose Guralnick. He was raised in Washington Heights neighborhood of Manhattan . He shortened his last name to Gural. He graduated with a B.A. in accounting from New York University. His first job was reading water and electric meters for

957-407: Was elected its first president. On May 3, 1973, Alex Mark and K.L. Wang sent invitation letters for OCA membership to Chinese American communities in Detroit, Pittsburgh, St. Louis, and Washington, DC. These pioneering groups came together at the first National Convention on June 9, 1973. One hundred twelve delegates from across the nation attended the convention, in which the constitution, bylaws and

990-563: Was first established in 1989 and has been a flagship component of OCA's involvement with college youth. The internship program enables college interns to learn firsthand about national issues and policies that affect Asian Americans and Pacific Islanders in Washington, DC. In particular, the competitive summer program is known for attracting the best and brightest college students, as it is a 10-week-long program that places interns on Capitol Hill , at federal agencies , or at non-profit organizations (particularly AAPI affiliated organizations). In

1023-427: Was founded in 1929 in Manhattan by Dave Newmark. In 1953, Aaron Gural joined Newmark & Company as a real estate broker, later purchasing the company in 1956 with partners. Gural served as Chairman of Newmark & Company from 1957 to 1998. Under Gural's leadership, Newmark began acquiring properties throughout Manhattan starting with 230 Fifth Avenue. Other notable property acquisitions during this time included

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1056-860: Was recently launched in the Fall of 2009. In 2009, OCA and the Asian American Studies Program of the University of Maryland at College Park (UMD) cooperated in creating a demographic study of Chinese Americans. Entitled A Portrait of Chinese Americans , the study analyzed the latest population statistics and maps and found extraordinary socioeconomic diversity within the Chinese American population at odds with prevailing stereotypes. The study also found evidence of career limitations and unequal pay even for highly educated Chinese Americans, many of whom earned substantially less than their equally educated white counterparts. In July 2009, OCA, in collaboration with

1089-538: Was terminated. In a statement, a Newmark spokesperson said "we have thoroughly investigated allegations made by a former employee and have determined them to be baseless." In 2017, a Newmark executive, Mike Arnold, was sued for sexual harassment. Arnold's lawyers sought disclosure of the victim's real name and dismissal of the case on procedural grounds. The victim claimed she was ogled and stalked, among other sexual harassment. Aaron Gural Aaron Gural , originally Guralnick (March 11, 1917 – March 10, 2009)

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