Nadir Rubie Archives - SHOPPE BLACK

Published on February 2, 2023February 6, 2023

3 mins read

Over $2 Billion Closed by Black-Owned Title Insurance Firm National Standard Abstract

National Standard Abstract, the leading Black-owned firm in the title insurance industry, has reached a major milestone by closing over $2 billion in transactions. The driving force behind this family enterprise, Osei Rubie, and his son, Nadir Rubie, are setting a new standard for excellence.

“With 1 million ways to fail, we came up with 2 billion reasons to succeed as Black entrepreneurs,” says Osei Rubie, President and Founder of National Standard Abstract. “In the last eight years, we have developed a blueprint to close the opportunity gap and build generational wealth within the communities we reflect and serve.”

The Rubies’ multi-billion-dollar portfolio includes notable commercial and residential transactions, including affordable, faith-based, and market-rate developments in the New York metropolitan area. They have streamlined the title insurance process for projects of any size, with decades of experience and public-private partnerships.

“This $2 billion milestone is significant because it illustrates the correlation between representation, investment in marginalized communities, and their long-term impact on thousands seeking jobs or homes for their families,” says Nadir Rubie, Partner at National Standard Abstract. “I am proud of what we have accomplished by being true to ourselves since day one. We value every client and partner because relationships matter; that is the core principle of our business.”

Amoy Chin, Vice President of Closing Operations at National Standard Abstract, shares her insight, “Every problem solved brings us one step closer to our mutual goal of transforming communities. We have supported our diverse clientele for the past eight years at every phase. It has been an incredible experience to watch the progression of their confidence alongside their projects.”

National Standard Abstract‘s first year in business saw transactions ranging from $24 million to $43 million in Brooklyn, and its portfolio has grown exponentially since then. This year, they will close individual commercial transactions exceeding $300 million and provide title insurance for a significant pipeline of multifamily apartment buildings in New York City.

The firm has expanded its footprint into philanthropy through the Osei Rubie Charitable Fund to help end racial inequity and support community-based organizations working on the ground to create real change.

A percentage of every closed transaction goes towards empowering people of African descent through education, entrepreneurship, youth programming, sports, and community development.

by Tony O. Lawson

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Published on November 5, 2021November 5, 2021

4 mins read

Father and Son Duo Close over $1 Billion Launch Podcast Focused on Building Black Wealth

NEW YORK – National Standard Abstract is launching a new podcast centered on the economic empowerment of Black communities. With the Black buying power expected to reach $1.5 trillion this year, the Black- and family-owned business is now streaming interviews with industry leaders and influencers to help propel students and professionals towards entrepreneurship and sustainability.

The podcast, “All Boxes Checked,” will be hosted by the father-son duo behind National Standard Abstract, a full-service title insurance agency that has closed over $1 billion since 2015. From commercial and residential real estate to financial investment and community empowerment, this podcast will educate listeners on building wealth while circulating money within the Black community.

The “All Boxes Checked” podcast will feature guests such as business professionals and philanthropists to public officials and government agencies that will share their insights on the real estate and title insurance industries in addition to the growth of Black-owned businesses.

As the former epicenter of the global COVID-19 pandemic, New York City businesses and homeowners faced financial uncertainty and ruin. The health crisis spanning nearly two years threatened to destabilize the Black community, which faced a higher unemployment rate, foreclosures, evictions, and business closures without emergency federal coronavirus relief funding. National Standard Abstract is closing the opportunity gap – one conversation at a time.

Some of these guests include Quentin Hardy of Movement Mortgage, who is among the top one percent of loan originators in America; Ralph McDaniels, founder of the Video Music Box who was at the forefront of broadcasting hip hop culture; and other notable individuals whose invaluable expertise will help shift the paradigm.

“Six years ago, National Standard Abstract and Shoppe Black were established with a common goal – to advance cooperative economics. Today, we are forging ahead with the launch of a podcast that amplifies Black voices and elevates our culture. We are dedicating resources to engage in conversations about race, education, and economic mobility,” said Osei Rubie, president and founder of National Standard Abstract.

“It has always been our commitment at National Standard Abstract to serve as a bridge to building community at a time. We are excited to launch a new podcast that will connect listeners of any age at every stage of their careers with resources to become financially secure,” said Nadir Rubie, a partner at National Standard Abstract.

“Shoppe Black is excited to assist National Standard Abstract with the launch of a platform that will complement the work that we do every day – promoting all things Black-owned, globally. We are excited to create new spaces and opportunities for people to connect and exchange ideas. By working together, we are expanding our reach while empowering our audience to grow as individuals and professionals,” said Tony O. Lawson, CEO and co-founder of Shoppe Black.

National Standard Abstract is a full-service title insurance agency with expertise in faith-based developments, residential and commercial real estate transactions. Since launching in 2015, the family- and black-owned firm has closed over $1 billion in transactions within the New York metropolitan area.

As the bridge to building one community at a time, National Standard Abstract expanded its footprint into philanthropy through the Osei Rubie Charitable Fund to help end racial inequity and support the organizations working on the ground to create real change.

All Boxed Checked will be available on YouTube, listening apps, and streaming services.