When The Real Deal interviewed Newmark president Jimmy Kuhn in 2014, he told us that he doesn’t put much value on possessions. Seven years later, little seems to have changed about his attitude towards wealth. For Kuhn, the end goal has always been to empower marginalized communities.
“If you’re not giving back,” he said, “why are you working?”
In an interview with The Real Deal founder and publisher Amir Korangy, Kuhn reflected on how the past year fits into Newmark’s history as a company. The firm was founded during a turbulent year — 1978 — when people seemed to be giving up on New York City. (Sound familiar?)
That experience gave Newmark perspective going into what was one of the toughest years ever for the real estate industry. In the past year, the firm prioritized the life science and logistics sectors, which Kuhn said are “two of the hottest markets since the pandemic.” Newmark had …