I am thrilled to inform you that Related Companies, which is behind some of the city’s most high-profile projects, including the Time Warner Center and the creation of the 28-acre Hudson Yards neighborhood, bought a 50 percent stake in CORE.
As you can imagine all of us here are CORE are extremely excited about the partnership with one of the leading property developers in New York City!

The New York times broke the story as of 2pm today officially. Link to the article: http://www.nytimes.com/2014/10/26/realestate/related-companies-buys-a-50-percent-stake-in-core-residential-brokerage.html?_r=1