The Real Deal New York

Tim Crowley to head new development at CORE

Appointment comes three months after Related bought a stake in the boutique brokerage

January 08, 2015 09:30AM

From left: Tim Crowley and Shaun Osher

From left: Tim Crowley and Shaun Osher

CORE has appointed Tim Crowley as its director of new development.

Crowley, who previously worked at Flank where he oversaw marketing and brokerage services for multiple projects, will be working together with CORE founder and chief executive officer Shaun Osher.

Related Companies bought a 50 percent stake in the boutique brokerage roughly three months ago. In 2013, Related announced a partnership with Corcoran Sunshine to market roughly $5 billion worth of the developer’s projects, and has maintained that their acquisition of CORE will not affect the deal with Corcoran Sunshine.

Crowley will oversee roughly $10 billion in new development as well as new business development opportunities, according to the firm’s announcement.

In this large new development industry it is rare to find someone with Tim’s hands-on experience, extensive knowledge and creativity,” Osher said in a statement. “His resume of projects is very closely aligned with both our vision and brand.”

At Flank, Crowley worked on multiple projects, including the Abingdon, 224 Mulberry Street and other luxury conversions. — Claire Moses

 

  • irobot

    Ha. What’s the $10 Billion consist of? I think this is a bit of an exaggeration

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