CUNY extends Newmark real estate broker contract
- Disclosed value
- Not-to-exceed $5,000,000 aggregate for four brokers; extension not to exceed $500,000
- From agendapacket
- Document date
- Aug 17, 2026
- Renews
- Free account
The 30-second brief
CUNY's Board requests the City University Construction Fund extend Newmark & Company Real Estate, Inc.'s real estate broker services contract for CUNY-owned facilities for 18 months, retaining the $5,000,000 aggregate cap and limiting the extension to $500,000. The extension ensures continued brokerage support during the upcoming successor procurement.
Newmark & Company Real Estate Inc holds this professional services contract with Cuny School Of Law. Its other public contracts on record include work for City of Frisco city and Iowa Racing and Gaming Commission | State of Iowa.
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Contract details
- Contract type
- Professional Services
- Amount
- Not-to-exceed $5,000,000 aggregate for four brokers; extension not to exceed $500,000
- Document date
- August 17, 2026
- Term
- Original term 3 years from February 14, 2023 to February 14, 2026; extended an additional 18 months beyond February 14, 2026 under same terms and conditions
- Renews
- On record
- Vendor
- Newmark & Company Real Estate Inc
- Agency
- Cuny School Of Law
- Source document
- City University of New York Special Board Meeting Agenda Packet 2026-08-17 (AgendaPacket)
Newmark & Company Real Estate Inc's other public contracts
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Questions about this contract
Who was awarded the professional services contract by Cuny School Of Law?
Newmark & Company Real Estate Inc was awarded this professional services contract by Cuny School Of Law, as recorded on August 17, 2026. The contract value is Not-to-exceed $5,000,000 aggregate for four brokers; extension not to exceed $500,000.
How much is the Newmark & Company Real Estate Inc contract with Cuny School Of Law worth?
The Newmark & Company Real Estate Inc contract with Cuny School Of Law is valued at Not-to-exceed $5,000,000 aggregate for four brokers; extension not to exceed $500,000, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City University of New York Special Board Meeting Agenda Packet 2026-08-17 (AgendaPacket), dated August 17, 2026 from Cuny School Of Law. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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