Newmark's Barry Gosin to Step Down as CEO at Year End

Barry Gosin, who has run Newmark Group as chief executive since 1979, will step down from that role on December 31, 2026, the commercial real estate services and capital markets firm disclosed in an SEC filing. Newmark’s board expects to identify a successor by year end, and Gosin will stay on as chairman of Newmark & Co., the firm’s operating company, under an amended employment agreement running through 2029.

Why it matters

Newmark is not just a national brand, it is an active broker and capital markets adviser on live South Florida deals, including this year’s $210 million sale of the retail component at Miami Worldcenter, the largest non-mall retail trade in the region since 2017. A change atop a nearly 50-year leadership run raises a practical question for developers, owners and agents working with the firm here: does capital markets coverage of Miami hold steady through the transition, or does deal flow slow while a new CEO settles in. Newmark’s own framing, an “orderly transition” backed by a “deep and experienced leadership team,” plus Gosin staying on as operating-company chairman rather than exiting outright, signals the change is managed at the top of the org chart, not in the ranks staffing South Florida mandates. The near-term read is stability, but any CEO search at a firm this size is worth tracking through year end for capital markets leadership shifts once a successor is named.

The numbers

Newmark generated more than $3.6 billion in revenue for the twelve months ended June 30, 2026, and now counts more than 10,000 professionals across roughly 195 locations, including independently owned business partners; excluding those partners, the firm has about 9,500 employees in some 160 offices, per its SEC filing. That is revenue growth of more than 1,400% since 2011, the year BGC Partners, Newmark’s former parent, acquired Newmark & Co., a run that carried through Newmark’s 2017 IPO and 2018 spinoff. Gosin held the CEO title for all of it, nearly 47 years by year end.

What’s next

The board’s search for a new CEO is expected to close by December 31, the same date Gosin’s tenure ends. Newmark named no candidates and set no milestones beyond “year end” in its disclosure. Until a successor is named, Newmark’s South Florida brokerage and capital markets teams, the ones that closed the Worldcenter sale and staff active listings across the market, report up through the same leadership structure Gosin is stepping back from, not away from entirely. Developers and owners with live Newmark mandates in the region should expect no near-term staffing disruption, but the succession is worth watching for any change in capital markets leadership once a new CEO takes over.