Clockwise from left: An aerial view of Four Freedoms Park, an interior view, a view from the East River and Kathy Sloane, senior vice president of Brown Harris Stevens

Top co-op expert Kathy Sloane, a senior vice president and managing director at Brown Harris Stevens, has high hopes for Roosevelt Island’s Franklin D. Roosevelt Four Freedoms Park. Sloane, who sits on the board of the group spearheading the $53.4 million project, claims it will increase property values for the cluster of buildings across the East River, including Trump World Tower and One Beekman Place. The 4.5-acre site, which juts into the water like a ship’s prow just north of United Nations Plaza, will incorporate a lawn and a granite “room” inscribed with the “four freedoms” Franklin D. Roosevelt advocated in his 1941 State of the Union speech: freedom of speech, freedom of worship, freedom from want and freedom from fear. The project is 36 years in the making, stalled by a lack of financing and the 1974 death of its designer, the noted American architect Louis I. Kahn, among other things…. [more]

By Katherine Clarke and Lauren Elkies

Terra Holdings, parent company of Brown Harris Stevens and Halstead Property, is launching a new development marketing company and Stephen Kliegerman, executive director of new development marketing at Halstead Property, has been selected to head it up, according to an internal memo leaked to The Real Deal. A public announcement is imminent, according to a spokesperson for Halstead.

Kliegerman will not be leaving Halstead. Terra Development will market development projects represented by both Brown Harris and Halstead, of which Kliegerman will become president.

Though the memo dates back to April, the move has remained relatively under the radar. When contacted by The Real Deal late yesterday afternoon, Halstead would not disclose any information about the move, but said a public announcement would be released within the next 48 hours or so…. [more]