Episode Details

Barry Gosin, the visionary who built Newmark into a global commercial real estate powerhouse over five decades, is stepping down as CEO at the end of the year—though he’ll remain chairman through 2029. Starting as a young broker on Manhattan’s gritty West Side in the 70s, Gosin helped transform the firm into the fourth-largest CRE services company in the world. With insiders like Howard Lutnick’s family holding major stakes, the next CEO is likely to come from within—potential candidates include COO Lou Alvarado and Global Asset Services head Jack Fuchs. As Newmark faces stiff competition from giants like CBRE and JLL, especially in key markets, Gosin’s legacy includes steering growth despite stagnant stock performance since its 2017 IPO—a move that cost him $22.5 million in compensation. Now, he’s ready to focus on the big picture and help guide the transition.

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