Inauguration Day and Martin Luther King Jr. Day collide Monday in a rare occurrence. The big picture: Stock markets, banks, many schools and the U.S. Postal Service are closed for the federal holiday,

"While others were advocating for freedom by 'any means necessary,' including violence, Martin Luther King Jr. used the power of words and acts of nonviolent resistance, such as protests, grassroots organizing, and civil disobedience to achieve seemingly impossible goals," according to The King Center.

Organizations across the NYC area are marking MLK Day with special events honoring the civil rights leader's legacy.