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Brookline Bancorp, Inc. (NASDAQ:BRKL) Board Of Directors Approves Stock Repurchase Plan

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced that its board has initiated a share repurchase program, which authorizes the company to buyback $10.00 million in shares on Thursday, December 6th. This buyback authorization authorizes the bank to reacquire up to 0.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

BRKL has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Brookline Bancorp, Inc. from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. BidaskClub upgraded shares of Brookline Bancorp, Inc. from a “strong sell” rating to a “sell” rating in a research note on Thursday, October 11th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $18.67.

Shares of NASDAQ:BRKL opened at $13.97 on Tuesday. The company has a market cap of $1.14 billion, a P/E ratio of 14.00 and a beta of 0.89. Brookline Bancorp, Inc. has a 12 month low of $13.88 and a 12 month high of $19.35. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.17 and a quick ratio of 1.17.

Brookline Bancorp, Inc. (NASDAQ:BRKL) last issued its quarterly earnings data on Wednesday, October 24th. The bank reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $69.40 million during the quarter, compared to analysts’ expectations of $68.80 million. Brookline Bancorp, Inc. had a net margin of 21.27% and a return on equity of 9.13%. As a group, equities research analysts anticipate that Brookline Bancorp, Inc. will post 1.05 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 23rd. Investors of record on Friday, November 9th were paid a dividend of $0.105 per share. The ex-dividend date was Thursday, November 8th. This represents a $0.42 annualized dividend and a yield of 3.01%. This is a boost from Brookline Bancorp’s previous quarterly dividend of $0.10. Brookline Bancorp, Inc.’s payout ratio is currently 52.50%.

Brookline Bancorp, Inc. Company Profile

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016.

 

Eagle Asset Management, Inc. Increases Holdings In Brookline Bancorp, Inc. (BRKL)

Eagle Asset Management, Inc. lifted its position in shares of Brookline Bancorp, Inc. (NASDAQ:BRKL) by 3.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 458,393 shares of the bank’s stock after purchasing an additional 13,449 shares during the period. Eagle Asset Management, Inc. owned about 0.57% of Brookline Bancorp, Inc. worth $7,655,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rhumbline Advisers raised its holdings in Brookline Bancorp, Inc. by 5.2% in the 2nd quarter. Rhumbline Advisers now owns 193,971 shares of the bank’s stock valued at $3,608,000 after acquiring an additional 9,626 shares during the last quarter. First Republic Investment Management, Inc. acquired a new position in Brookline Bancorp, Inc. in the 2nd quarter valued at $431,000. Victory Capital Management, Inc. raised its holdings in Brookline Bancorp, Inc. by 49.4% in the 3rd quarter. Victory Capital Management, Inc. now owns 41,300 shares of the bank’s stock valued at $690,000 after acquiring an additional 13,662 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Brookline Bancorp, Inc. by 17.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,051,264 shares of the bank’s stock valued at $17,556,000 after acquiring an additional 157,280 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in Brookline Bancorp, Inc. by 3.5% in the 3rd quarter. First Trust Advisors LP now owns 142,323 shares of the bank’s stock valued at $2,377,000 after acquiring an additional 4,781 shares during the last quarter. Institutional investors and hedge funds own 78.13% of the company’s stock.

NASDAQ:BRKL traded down $0.10 during trading hours on Friday, hitting $14.14. The company had a trading volume of 242,052 shares, compared to its average volume of 310,556. Brookline Bancorp, Inc. has a fifty-two week low of $14.10 and a fifty-two week high of $19.35. The company has a market cap of $1.14 billion, a P/E ratio of 17.68 and a beta of 0.89. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.20.

Brookline Bancorp, Inc. (NASDAQ:BRKL) last announced its quarterly earnings results on Wednesday, October 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. Brookline Bancorp, Inc. had a return on equity of 9.13% and a net margin of 21.27%. The firm had revenue of $69.40 million during the quarter, compared to the consensus estimate of $68.80 million. On average, sell-side analysts forecast that Brookline Bancorp, Inc. will post 1.05 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 23rd. Shareholders of record on Friday, November 9th were given a $0.105 dividend. This is a boost from Brookline Bancorp, Inc.’s previous quarterly dividend of $0.10. This represents a $0.42 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date was Thursday, November 8th. Brookline Bancorp, Inc.’s dividend payout ratio is presently 52.50%.

Brookline Bancorp, Inc. declared that its board has authorized a share repurchase plan on Thursday, December 6th that permits the company to repurchase $10.00 million in shares. This repurchase authorization permits the bank to purchase up to 0.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Brookline Bancorp, Inc. from a “sell” rating to a “hold” rating in a report on Thursday, August 23rd. BidaskClub downgraded Brookline Bancorp, Inc. from a “hold” rating to a “sell” rating in a report on Thursday, August 30th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.67.

Brookline Bancorp, Inc. Company Profile

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016.

 

Introducing Yoetzet Halacha Sarah Cheses

Sarah Cheses
Sarah Cheses

We are delighted to introduce Sarah Cheses, the first Yoetzet Halachaserving the Greater Boston Community under the auspices of the newly founded New England Yoetzet Halacha Initiative (NEYHI).

As a Yoetzet, Sarah Cheses will serve as an advisor to couples on Taharat HaMishpacha (Jewish law relating to married life) and its intersection with women’s health. She can be reached for consultations via phone or text at 339-364-2848 or via e-mail at NE.yoetzet@gmail.com.

The best hours to contact Sarah are 09:00 a.m. to 03:00 p.m. and 08:00 p.m. to 10:00 p.m. Sarah will also give a number of lectures each year in Brookline and other communities in the Greater Boston area. For more information and to stay connected, please visit NEyoetzet.org and sign up for the mailing list. Sarah plans to consult with one’s congregational rabbi on any questions in need of a psak (decision).

The New England Yoetzet Halacha Initiative is made possible through the annual commitment of Young Israel of Brookline and other local shuls as well as private donations.

Our hope is that through this initiative, more women will feel encouraged and supported in their diligent efforts to keep Taharat Hamishpachah and become more aware and knowledgeable about important key women’s health issues.

As a member of the Young Israel of Brookline, please help us welcome Sarah into her new role by making a donation to this wonderful initiative.

Sarah Cheses

Sarah, originally from Columbus, Ohio, recently moved to Sharon, Massachusetts with her family, where her husband, Rabbi Noah Cheses, is serving as the Rabbi of the Young Israel of Sharon. Sarah is a graduate of the Keren Ariel Yoetzet Halacha Program at Nishmat: The Jeanie Schottenstein Center for Advanced Torah Study for Women in Jerusalem and holds both a Master’s degree in Public Health from Columbia University and a B.A. in Biology with Honors from Yeshiva University’s Stern College for Women. Sarah has previously taught at Ulpanot Orot High School in Toronto and at Ma’ayanot Yeshiva High School for Girls in Teaneck, NJ. She has been involved with informal Jewish education through her role as Co-Director of the Seif Jewish Learning Initiative on Campus (JLIC) at Yale University, as a part-time JLIC educator in Toronto-area universities, and through Camp Stone and NCSY.

 

Community Shabbat Dinner & Lecture Series

The event, organized by Young Israel Of Brookline, will take place on Friday, December 21st, 05:15 p.m.

Please join us for the first of our three Winter Shabbat Dinner and Lectures over the coming months. Each Friday night an intimate group of no more than 50 people will enjoy a catered dinner with old and new friends and Rabbi Hellman and his family. After dinner a distinguished scholar will lead a stimulating lecture and discussion.

The first dinner will feature Dr. David Rosmarin, Director of the Spirituality and Mental Health Program at Mclean Hospital and professor at Harvard Medical School, who will speak on “Spirituality and Mental Health: What Does Research Have To Say?”

Reservations are required:

  • $24 for adults and children ages 11+;
  • $28 for non-members;
  • $5 for children ages 2-10; $8 for non-members;
  • no charge for children under 2-years old.

Please register here. Registration deadline is Tuesday, December 18th. Be a listed sponsor for the evening for an additional $36.

Mark your calendars now for the remaining Community Shabbat Dinner and Lectures:

  • February 1, 2019: Professor Reuven Kimelman, noted historian and author, will speak on “The History of Lecha Dodi and the Creation of Kabalat Shabbat.
  • March 1, 2019: Professor Lila Kagedan, bioethicist and hospital chaplain, will speak on “Medical Ethics: Comparing Jewish and other Perspectives.”

For more information or questions, please contact the YIB office.

Newbury College In Brookline To Close Next Year

Newbury College, a small liberal arts college in Brookline, MA,  says it is shutting its doors after years of financial struggles.

The college announced Friday that it will close after this academic year. It follows several other small private schools that have shuttered in recent years.

President Joseph Chillo says that despite a “tremendous effort” to stay open, the school fell to “weighty financial challenges.”

The Brookline school’s enrollment had fallen by nearly half over the past decade, to just 620 students last year. In June, the school’s accreditation agency put it on probation in light of its budget woes.

School officials say they are working to help students transfer to nearby colleges and universities.

The move comes after other small Massachusetts schools have closed amid financial pressure, including Mount Ida College and Marian Court College.

 

Aura Properties Breaks Ground On Brookline Mixed-Use Project

420 Harvard Street, Brookline, MA 02446
420 Harvard Street, Brookline, MA 02446

Aura Properties, together with partners Kaplan Construction, has begun construction on JFK Crossing, a new five-story, 42,000-square-foot mixed-use building in Brookline, MA.

“There is always a need for more vertical housing in the densely-populated Coolidge Corner,” a spokesperson for Kaplan Construction told the media. “The retail space on the first floor will mesh well with the heavy commercial presence in the neighborhood.”

Located at 420 Harvard Street, the new development was designed by Embarc Studio and is expected to be completed next August. Kaplan Construction demolished a three-story commercial building in the space where the new building is going up.

“Kaplan Construction knows Brookline well and specializes in working on tight urban sites,” Jonathan Berit-Parkes, Aura Properties’ director of construction, said. “We were impressed with their mixed-use and multi-family experience and eagerly anticipate the completion of another successful project.”

The property—named after its nearness to John F. Kennedy’s former family home—will offer 25 units ranging from studio to three bedrooms, with a quarter of the units set aside for affordable housing. The podium-style building will offer underground vehicle parking, bicycle parking, a large outdoor patio with hard and soft-scaping and common space next to the lobby.

The building’s design, which includes brick and glass textures at the building’s base, are in line to the context and scale of the neighborhood.

JFK Crossing will also feature two retail spaces on the first floor.

This is the current view of the location.

Around town

When completed in August 2019, JFK Crossing will be right at the hub of one of Boston’s bustling neighborhoods, situated at the corner of Fuller Street and Harvard Street, directly across from a busy municipal parking lot. A kosher grocery stores is right next door, and there is also a large contingent of storefronts on both sides of Harvard Street.

Some of the challenges Kaplan faced was dealing with a nearby single-family home, as well as protecting the grocery store during construction. Other constraints include mature, high-value honey locust trees and a large, high-pressure MWRA water main serving Boston on two sides of the site.

According to the Kaplan spokesperson, a modified earth retention system was developed and implemented to avoid damaging the roots of the valuable street trees and to protect the water main from underground settlement or deflection.

 

Community Blood & Bone Marrow Drive

The drive, organized by Young Israel Of Brookline, will take place on Sunday, December 16th, 09:00 a.m. – 02:30 p.m.

This is a special opportunity to help save peoples lives… and what better way to do so, than with your friends and family by your side.

Please sign-up for an appointment to donate blood here. Those with appointment will be prioritized over walk-ins.

We are in need of volunteers to help with operations on the day of the drive, so if you are interested, please sign up here.

For additional information, please contact Leah Solodokin.

 

Natick Defeats Brookline In Season Opener

The Natick boys indoor track team defeated Brookline High in their season opener at the Reggie Lewis Center in Boston.

The Red Hawks won 64-35.

Natick swept the hurdle event. Senior Dan Dubsky won the race in 8.15 second. Junior Shawn Thornhill finished second in 9.27 seconds, with sophomore Daniel Bartlett third in 9.37 seconds

Dubsky finished second in the long jump for the Red Hawks, with a leap of 18 feet and 1.25 inches.

The Warriors won the 4 X 400 relay in 3:41.46 minutes. The Red Hawks won the 4 X 200 relay.

Senior Matthew Hodges won the shot put event with a throw of 38 feet and 6.25 inches. Brookline’s Kobe Yossef finished second. Natick junior James Grieshaber finished third in 34 feet and 10.5 inches.

Natick finished 1-2 in the high jump Sophomore Daniel Bartlett won the event with a personal record leap of 5 feet and 4 inches. Junior Cajetan Evans finished second with a personal record of 5-feet, 2-inches.

Evans also won the 1,000 meter race with a personal best 2:39.91 minutes.

Sophomore Nicholas Melisi won the 1 mile event with a person record of 4:49.83 minutes for Natick.

Junior Matt George won the 2 mile event in 10:12.10 minutes, a personal record for the Red Hawk.

Natick finished 1-2 in the dash. Junior Austin Kay won the race in a personal record of 7.03 seconds. Senior Allik had a personal record of 7.06 seconds.

Senior Grady Beauregard won the 300-meter race in 37.73 minutes.

Natick senior Joel Maichen finished first in the 600-meter race in 1:28.97 minutes, Brookline took second and third place.

 

Brookline Police Ask Residents To Share Security Camera Footage

The Brookline Police Department is asking residents who have security cameras pointed outside toward their street to come register with them if they would be willing to share footage with the department to help police investigate crimes in their neighborhood.

The plan, “Operation Community View,” is a result of increased video surveillance use by citizens at their own residences. There have been cases in which security camera footage provided by a citizen has helped police solve a crime, and while the city is hesitant to install surveillance around town, using private security cameras could be a helpful workaround for police.

“This isn’t Big Brother watching,” Deputy Superintendent Michael Gropeman told the media. “This is just the new era of crime watch and this is 100 percent voluntary.”

After a resident has registered with the department, Brookline Police will only ask to see their video footage if the department is investigating specific crimes that took place in the resident’s neighborhood.

“A number of crimes that have occurred in less urban areas, we really could have gotten some type of help if we had something in place like this,” he said.

Instead of officers having to knock on doors and ask if someone has cameras facing the street, being able to access a contact list for people whose security system has cameras facing the street could expedite the crime-solving process. The list would be private and used only by detectives in a situation where footage could help save valuable time in an investigation.

Video footage has helped Brookline police solve crimes before, such as a horrific 2009 incident in which a woman was abducted and sexually assaulted before her assailants returned her to Harvard Street.

“It was such an unbelievable crime, had we not had video we might not be able to solve it,” Gropeman said. “The fact that we were able to make an arrest because of that says a lot about the future of cameras and crime detection.”

After that case, the police created a list of businesses with security cameras so they could reach out to them more quickly when looking for useful video footage after a crime.

“It would help us solve crimes and bring the crime rate down,” Gropeman said.

According to Gropeman, police think the system could be useful in a variety in instances, from helping find people with mental or emotional needs who wander and get lost to catching thieves who take packages off porches.

 

Woman Suffered A Cardiac Arrest In The Middle Of A Classical Concert

On Sunday afternoon at St. Paul’s Episcopal Church, local chamber music ensemble Mistral were playing works by Elgar and Purcell.

The concert, which had the title “The Walk to the Paradise Garden”, took place in Brookline, MA.

After the second piece, 89-year-old Ingrid Christiansen went into cardiac arrest in her front-row seat.

Mistral cofounder and artistic director Julie Scolnik, who plays flute in the ensemble..

Scolnik had just raised her flute to begin Vaughan Williams’ Phantasy Quintet when her husband, Mistral cofounder and physicist Michael Brower, tapped her on the shoulder, alerting her to an incident in the audience.

Christiansen had fallen unconscious and was slumped over another patron, who caught Brower’s attention. Brower called out to ask if there was anyone with medical training present.

Four physicians, all women, were seated nearby and rushed to examine her.

Anne Stack, an emergency physician, told the media: “Christiansen was already blue, without a pulse or respiration. We laid her on the floor and asked for 911 to be called, and [a defibrillator], and began CPR.”

Stack monitored her for a heartbeat while another doctor gave her chest compressions, the third performed rescue breaths, and the fourth examined another pulse point.

After two minutes of CPR, Stack felt a strong pulse. A few seconds later, Christiansen started gasping and moving, and she opened her eyes.

“When she came to, I think the first thing she said was, ‘What are you doing?’” said Stack. Asking Christiansen if she had any medical conditions, she replied that she had a pacemaker.

An ambulance arrived quickly to transport Christiansen to a hospital – but she was not too keen to go.

Brower travelled with Christiansen in the ambulance to Beth Israel Deaconess Medical Center. The next day, Scolnik also paid her a visit with her flute, and played a Bach partita at her hospital bedside.

Christiansen, who lives alone in Brookline, does not remember much about her incident.

 

Brookline Pilot Who Crashed During WWII Accounted For

U.S. Army Air Forces pilot 1st Lt. Allen R. Turner
U.S. Army Air Forces pilot 1st Lt. Allen R. Turner

A U.S. Army Air Forces pilot from Massachusetts whose plane crashed during World War II has been accounted for.

The Defense POW/MIA Accounting Agency announced Tuesday that 1st Lt. Allen R. Turner, of Brookline, was accounted for in September.

The 25-year-old Turner was the pilot of a C-109 aircraft on July 17, 1945, flying from India to China over what airmen called “The Hump,” an area of the eastern Himalayas.

The plane crashed in a remote area and after an extensive search all four people on the aircraft were declared dead.

The wreckage was found by an independent investigator in 2007, and in 2009 an area resident turned over bone fragments he found at the site.

Turner’s remains were identified through DNA analysis, as well as circumstantial and material evidence.

 

Australian Man Convicted Of Making Threats Against Brookline Police

An Australian man is facing criminal charges in the United States following his conviction for making threats to Brookline police in December of last year.

Officers in Brookline received word from the Moorabbin Crime Investigation Unit in Australia that a man was convicted of stalking and making threats against the department, according to police.

It is unclear whether the man, whose name was not released, will be brought to the United States to face charges.

 

Brookline Family’s Cat Survives 9-Story Fall From Balcony Onto Concrete Patio

A Brookline family’s cat is lucky to be alive after falling from a nine-story balcony on Halloween and landing on a concrete patio below, the MSPCA’s Angell Animal Medical Center said.

Simba, who lives with the Jardus family, somehow slipped off the balcony and plunged to the ground, shattering his jaw and two of his legs and nearly rupturing his lungs.

Simba laid by the side of the building, enduring overnight temperatures that fell into the 20s before he was found the next afternoon, according to Victoria Jardus.

“Simba was in shock when he first arrived and it’s quite miraculous that he survived at all,” Dr. Virginia Sinnott of Angell’s Emergency & Critical Care Unit said. “His temperature had dropped to 86 as opposed to 100, which is the normal body temperature for a cat, and he suffered multiple injuries that could easily have killed him.”

Simba spent eight days in the hospital, during which time veterinarians applied splints to help his leg heal, according to officials. His jaw fractures went on to heal on their own.

Jardus says Simba is still recovering but that the worst is behind him.

“He is through the worst of it and for that we’re so grateful,” she said. “We came so close to losing him and I’m overjoyed to see him improve a little each day.”

Dr. Emily Ulfelder says it’s extraordinary Simba survived given the height from which he fell.

“Many pets die from falling from windows or patios that are not even half as high,” she said. “He is so lucky to have landed the way that he did, as the fall alone could easily have killed him.”

Simba is said to be walking, breathing and eating well.

 

Large Menorah Stolen From Outside Brookline Synagogue

Police in Brookline are trying to figure out who stole and damaged a 6-foot tall, 300-pound menorah from outside a synagogue before abandoning it about a mile away.

The steel menorah was found in Boston’s West Roxbury neighborhood on Wednesday morning after being taken from outside Temple Emeth in Brookline.

Rabbi Alan Turetz said he hopes the theft was not a hate crime and that police told him someone may have stolen it to sell as scrap. He said there was no graffiti left on the temple.

Turetz said he hopes to repair and reinstall the menorah.

The congregation was founded in 1939 and the temple was built in 1948.

There was no word on arrests.

 

A Wedding Rehearsal Dinner Sets The Stage For Intrigue

The events of this novel unfold over the course of an evening in 1991, as the Cohen clan of Brookline, MA, hosts a rehearsal dinner with the Barlows, whose daughter Eliza is marrying their son Adam.

The outdoor table is set for 25, which will include a rogue child who wanders over from next door. Before the evening is through, alliances will be formed, vows broken, and secrets shared.

Literary critic Celia Cohen and her absent-minded, brilliant husband, Pindar, wonder what on earth they have in common with the Barlows, a family of lawyers.

The Cohen children are nonconformists: Adam, the bridegroom, is a poet teaching at Wellesley; Sara, who studies scorpions, has begun an affair with a Jesuit priest; and Naomi, home from a harrowing trip as a relief worker, hides in her room until the last minute.

Eliza Barlow, the bride, is in tears before the rehearsal dinner has even begun. Three of her four brothers are on the verge of divorce, and only her twin, Harry, is able to calm her down.

Each family secretly feels sorry for the other. The Cohens fear the Barlows will be judgmental. The Barlows do find the Cohens to be “academic” and “physically strange,” “missing out on the vastness and clarity of the real.”

Illustrating the point, Adam’s father, Pindar, a scholar of ancient recipes, wants only to get back to his intellectual musings. As his wife bustles about making ready, he can only ask plaintively, “They won’t stay terribly late, will they?”

The characters embody a certain kind of old-money world, one in which eccentricities abound, reminding one of Nancy Clark’s “The Hills at Home” or a New Yorker short story.

What keeps “The Garden Party” engaging is its pitch-perfect voices.

Grace Dane Mazur juggles the humorous and profound around this dinner table (about twice the size of the Last Supper), where dozens of conversations, connections, and conspiracies seem to be going on at once.

Meanwhile, the bride and bridegroom roam about the property, looking to escape the craziness. We leave it for the reader to discover what they’re really up to.

“The Garden Party” strikes a few false notes — occasionally the prose is too self-consciously purple — but there is so much richness here you will want to stick around until the last course.

To buy the novel, please visit here.

 

Help Identify A Vandal

The Brookline Police Department are looking to identify a young suspect who is believed to be responsible for spray painting tags.

The young man in glasses appeared on surveillance footage tagging buildings around October 20.

A photo of the suspect is attached.

Anyone with information is encouraged to call Officer Tim Stephenson 617-730-2184 or e-mail tstephenson@brooklinema.gov.

All tips will be kept confidential.

Off-Duty Brookline Firefighter Saves Couple After Car Plunges Off Charlestown Pier

An off-duty Brookline firefighter who happened to be in the right place at the right time is being credited with saving a couple’s life after their car plunged off a pier in Charlestown on Wednesday night.

Brian Mulkern was at the Pier 6 restaurant before attending his class at Bunker Hill Community College when he heard a bang and spotted a vehicle teetering on the edge of the pier.

Brian Mulkern
Brian Mulkern

“I heard a big bang and then I heard some people yell for help,” he said.

Mulkern said he was able to flag down bystanders to secure the car, which was resting nose down on a dock, while he called 911.

“My big concern, as far as life safety, was if the car was to slide out, it would have ended up in the water,” he said.

Mulkern then swooped in and pulled a man and woman to safety.

“The tough part with him was how he was positioned. I kind of had to grab under the car a little, use the steering wheel as my balance point, ease him out and slide him down,” he said. “There was another civilian luckily there to shift him because I was kind of hanging over the water.”

The driver hit the wrong pedal while parking at the restaurant and the car lurched forward over a wall.

“They were the heroes,” the driver told the media. “They came down instantly and saved us.”

Mulkern, who is studying nursing in addition to being a firefighter, said he did not think twice about jumping into action.

“We do a lot of training with this kind of stuff,” he said. “It helps you to be calm in the situation. I couldn’t have done it by myself.”

The couple was not injured and went inside for dinner following the incident.

 

The Fight Over Recreational Marijuana Continues In Brookline

Recreational marijuana stores are almost ready to open their doors in Massachusetts, two years after state voters approved legalizing recreational pot.

But these openings do not mean the fight over marijuana has ended. In fact, in some communities it has only just begun.

In Brookline, Ascend Massachusetts, a marijuana company, wants to open a store on Beacon Street in the St. Mary’s neighborhood. The company, which is headed by Andrea Cabral, has followed town protocols, held three community meetings, and is trying to secure a host community agreement.

But some community members are pushing back against the store’s chosen location. They argue that the St. Mary’s neighborhood is “the worst possible location for a recreational marijuana store.

Brookline Rejects Effort To Ban Secrecy Clauses In Harassment Settlements

The Brookline town meeting defeated a proposal Tuesday night to do away with secrecy provisions in settlements of racial or sexual harassment claims again the town.

The town has settled four cases in the past two years, at a total cost of more than $700,000, but town officials argued that the settlements and the privacy provisions prevent extended and potentially much more costly litigation.

Jonathan Margolis, a town meeting member who sponsored the measure along with a citizens group called the Brookline Justice League, said more transparency would help expose racism in public agencies. The settlements, advocates argued, let the town sweep allegations of racism or sexual harassment under the rug.

“If you believe that transparency is essential to democracy … if you agree that Brookline should practice what it preaches so loudly as it espouses its progressive ideals, then join me in voting favorable action on the amendment,” Margolis said.

The goal of the measure “is to allow claimants to speak, even after their cases have been settled,” said the Justice League’s Brooks Ames. “And the purpose is to improve things in Brookline.”

But the measure was voted down as town officials argued it would essentially rule out settlements, leading instead to protracted and costly litigation.

“There would be little reason or incentive for the town to enter into settlements of claims, if, after receiving the settlement check and resolving their dispute with the town a claimant could continue to disparage the town and go to the media and publicize their claims and grievances and their version of events, no matter how inaccurate,” said Susan Granoff, presenting on behalf of the town’s advisory board.

If the measure were passed, in cases against municipal employees, local officials would most likely be barred from discussing the allegations, leaving no way to dispute the plaintiffs’ claims, even if they were inaccurate or incomplete, Granoff and other opponents said.

After about 30 minutes of debate, the proposal was defeated in a vote of 102-83.

While many companies and government agencies have grappled with how to handle harassment allegations in the wake of the #MeToo movement, both sides in the Brookline dispute said they believe the proposal before the town meeting would have been the nation’s most sweeping rejection of non-disclosure agreements in civil rights settlements.

 

Pаul Singеr

 

Brookline Bancorp, Inc. (BRKL) Ex-Dividend Date Scheduled For November 08, 2018

Brookline Bancorp, Inc. (BRKL) will begin trading ex-dividend on November 08, 2018. A cash dividend payment of $0.105 per share is scheduled to be paid on November 23, 2018. Shareholders who purchased BRKL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5% increase over prior dividend payment. At the current stock price of $15.53, the dividend yield is 2.7%.

The previous trading day’s last sale of BRKL was $15.53, representing a -19.74% decrease from the 52 week high of $19.35 and a 7.47% increase over the 52 week low of $14.45.

BRKL is a part of the Finance sector, which includes companies such as HSBC Holdings plc (HSBC) and E*TRADE Financial Corporation (ETFC). BRKL’s current earnings per share, an indicator of a company’s profitability, is $.87. Zacks Investment Research reports BRKL’s forecasted earnings growth in 2018 as 31.25%, compared to an industry average of 23.6%.

For more information on the declaration, record and payment dates, visit the BRKL Dividend History page.

This Dividend Calendar has the full list of stocks that have an ex-dividend today.

 

First Circuit Court Of Appeals Rule No Right To Bear Arms Outside The Home

On 2 November 2018, the First Circuit Court of Appeals held the Second Amendment effectively does not apply outside the home. From uscourts.gov:

“This case involves a constitutional challenge to the Massachusetts firearms licensing statute, as implemented in the communities of Boston and Brookline. All of the individual plaintiffs sought and received licenses from one of those two communities to carry firearms in public. The licenses, though, were restricted: they allowed the plaintiffs to carry firearms only in relation to certain specified activities but denied them the right to carry firearms more generally.

The plaintiffs say that the Massachusetts firearms licensing statute, as implemented in Boston and Brookline, violates the Second Amendment. The district court disagreed, and so do we. Mindful that “the right secured by the Second Amendment is not unlimited,” District of Columbia v. Heller, 554 U.S. 570, 626 (2008), we hold that the challenged regime bears a substantial relationship to important governmental interests in promoting public safety and crime prevention without offending the plaintiffs’ Second Amendment rights. Accordingly, we affirm the district court’s entry of summary judgment for the defendants. In the last analysis, the plaintiffs simply do not have the right” to carry arms for any sort of confrontation” or “for whatever purpose” they may choose. Id. at 595, 626 (emphasis omitted).”

The Court specifically said the decision applies to both open and concealed carry of handguns. They reserved the power to infringe on concealed carry more than open carry.

Judge Selya wrote the decision for the unanimous three-judge panel. They held that allowing police to decide if a citizen has a “need” to carry a gun outside the home allows sufficient exercise of Second Amendment rights.

A right that can be arbitrarily denied by the government is no right at all. It is effectively just another activity that may be allowed by the government if a bureaucrat decides to allow it.

In the most restrictive countries, without any semblance of Constitutional rights or the Second Amendment, those favored by the government are allowed to carry firearms outside the home. They may not be given a permit, they may be issued a nominal office such as police officer or special marshal, or party member. But those favored by the Government are given the privilege of being armed.

It is hard to see how this decision differs in effect from the practice in countries without a Second Amendment.

In this decision, the Court is following the lead of other Circuit courts that have eviscerated the Second Amendment right to bear arms.

To date, the Supreme Court has been unwilling to take any of circuit cases and has allowed the Circuits to run roughshod over the exercise of Second Amendment Rights outside the home.

There is a clear split in the circuits. At present, three circuits have held there is a right to carry outside of the home. Three have ruled the opposite.

In the case of the District of Columbia, those who push for a disarmed public urged the District not to appeal the case, for fear the Supreme Court would uphold the Second Amendment.  In the Seventh Circuit case of Moore v. Madigan, the Illinois legislature passed legislation rendering the decision moot. in the Ninth Circuit, in Young v. State of Hawaii, the state has asked for an en banc hearing, which has yet to be decided.

In the Fourth Circuit, the Second Circuit, and the First Circuit, the appeals courts have held that laws allowing state governments to prevent most people from carrying weapons outside the home are Constitutional, gutting the exercise of Second Amendment rights in public, and in most private settings.

Judge Selya was appointed by President Reagan in 1986. He was born in 1934.

If Judges do not feel bound by the Constitution, the Constitution will have no force.

This case will be appealed to the Supreme Court. The question is whether the Supreme Court will grant a writ of certiorarithat is, will decide to hear the case.

President Trump has appointed two originalists and textualists to the Supreme Court. That may tip the balance. They may vote to hear the case.

President Trump has also appointed  29 appellate court judges in his first two years. That is a record for appellate court justices in the first two years of a  president’s term in office.

 

Brookline Residents Clash With Marijuana Retailers Over Potential Opening Of Dispensary

Brookline residents rallied Thursday night against a proposal to put a retail marijuana dispensary in at 1032 Beacon Street, the former location of Waxy’s Modern Irish Bar.

The rally occurred before a community meeting at the former bar about the dispensary proposal, led by Andrea Cabral, former Massachusetts secretary of public safety and CEO of Ascend Cannabis, the company proposing the store.

Brookline resident and rally organizer Paul Warren told The Daily Free Press before the rally that he and many other residents were opposed to the proposed dispensary. Warren said the three key reasons behind his opposition were “kids, college and chaos.”

Warren said he was concerned about the negative effects the marijuana retailer could have on children in the Brookline neighborhood. With the high number of college students in the area, he said he is concerned many might become customers of the cannabis retailer and smoke marijuana in the area, instead of on their campuses where it is banned.

Warren said the retailer would become “the Walmart of weed” and that it would cause a massive influx of people entering the area from outside the neighborhood, which would limit parking for residents.

“We’ve got a big conflict happening in the community,” Warren said. “We just can’t handle it. We will be crushed because there isn’t capacity.”

Retailers in the area around the proposed dispensary, he said, would suffer as a result of the negative impacts of the dispensary, such as people loitering and smoking marijuana, thus causing people to shop elsewhere. If he had known about the potential dispensary before buying his home in the neighborhood a year ago, he said he would have opted to move elsewhere.

“I love the vibrancy of our district, and I love the feel of the area, and I just love it here, but it’s going to change,” Warren said. “And I, as a father of a 4 year old and a 1 year old, I would have went somewhere else, and that’s a huge, a huge thing.”

At the rally, Brookline residents gathered with signs that stated such phrases as “Bad for our businesses” and “No to weed.”

Rally attendee Kate Kalan, 69, said that while she is in support of the decriminalization of marijuana, she does not think the area is the right location for the marijuana shop.

“People could be penalized and actually incarcerated for [minor marijuana offenses]. So, the law just seemed to be so ridiculous at this point that all the other drugs out there with the opioid crisis and everything else going on. So, unfortunately, when you open it up,” the Brookline resident said, referring to legalizing marijuana, “you end up having access, you have stores. I’m really concerned about it being a walk-up shop.”

As a father of two young children, Jeffrey Thorn, 40, of Brookline, said he was in favor of decriminalizing marijuana use but thinks people do not realize the effect the legislation could have on the neighborhood.

“We had anticipated this was just going to be where our children get to hang out and make it to the Dunkin’ Donuts without having to worry about other, more mature issues,” Thorn said. “Again, the character of the neighborhood is great. It’s one of the best aspects, and I think we also are just concerned that the character of the neighborhood is going to change.”

Some students said they were concerned about the effect this could have on their peers. Duarte Albuquerque, 16, a Boston University Academy student, said he attended the rally because has already seen how students at other Boston-area schools are affected by marijuana.

“I see a lot of kids going to Boston Latin School, schools around the neighborhood, that go to school stoned,” Albuquerque said. “It’s affecting their performance in school, and letting these kind of things happen would not only affect their school performances, but also affect the community in a negative way going forward.”

Longtime Brookline resident Susan Delong, 73, said she is not against marijuana in general but thinks the opening of the cannabis dispensary would hurt local businesses and make the neighborhood unsafe for children.

“There are lots and lots of children in this neighborhood now,” Delong, who has lived in Brookline for 40 years, said, “and it would be nice to think that they could walk around the corner and go to Whole Foods by themselves and buy cookies or apples and not go past a line that snakes around the block with people who undoubtedly are harmless. But still, it would be an uncomfortable feeling, I think, for kids to do that.”

After the rally, the protesters filed into the former Waxy’s Bar location to hear Cabral and her team present their proposal for the Ascend marijuana store. At the meeting, protesters clashed with Cabral and the Ascend team, with many residents yelling during the question and answer portion of the meeting.

“What happened to respect?” Cabral asked the audience, as residents booed over her.

The meeting ended without a clear decision on what will happen to the former Waxy’s location.

 

Hаlеy Lеrnеr

 

Iranian Jewish Artist Exhibits In Brookline

Giti Ganjei
Giti Ganjei

The Boston area has been a haven for refugees and immigrants for generations. Our stories are part of the soul of communities like Brookline. This soul comes alive in the art of Giti Ganjei. In an extraordinary art exhibit, Brookline-based painter Ganjei examines the themes of injustice, hope, oppression and freedom.

As a Jewish woman from Iran, Ganjei has an original and moving story to tell.

A story of freedom

Giti Ganjei runs a real estate practice in Brookline. She has been painting for many years and used to serve as a Brookline arts commissioner, selecting artists for the exhibits.

Much of her artwork centers around themes of humanity, freedom, and liberty, particularly for the women of Iran.

Ganjei, born and raised in Iran, said she witnessed gender discrimination and societal oppression, especially during the political revolution that took place in the late 1970s. The Iranian Revolution gave rise to many laws that set rules for what women could wear, which included requiring them to cover their hair by wearing some sort of veil.

Ganjei’s favorite piece was a painting inspired by her friend’s poem, which she interpreted as a call for freedom.

“It’s very peaceful, and it has a message coming from chaos to freedom, which is related to me because I came here as an immigrant,” Ganjei told the media. “I went through a lot of this to become a citizen and be able to feel like I’m home.”

Ilana Lescohier, one of the arts commissioners, said Ganjei’s unique life story is captured in her work.

“If you look at her paintings, you realize there are many layers in them,” Lescohier said.

 

Navigation Sciences Acquires Exclusive Rights to Novel Technology for Minimally-Invasive, Lung Cancer and Other Soft Tissue Procedures

Alan Lucas, CEO
Alan Lucas, CEO

Navigation Sciences today announced that it has acquired exclusive rights from Brigham and Women’s Hospital (Boston, MA) to novel augmented surgical navigation technology for use in lung cancer and other surgical procedures. The technology, called iVATS (image guided video-assisted thoracoscopic surgery) is designed to provide real-time GPS navigation to precisely locate and excise tumors. The technology has demonstrated great potential to improve surgical outcomes, increase operating room efficiency and surgical precision.

“iVATS technology is designed to address a key challenge in lung cancer and other soft tissue surgeries, the precise localization and removal of lesions with optimal surgical margins, while preserving lung function and sparing unaffected tissue,” said Alan D. Lucas, co-founder and CEO of Navigation Sciences. “Current approaches in lung cancer surgery either remove a small section around the tumor, preserving lung function, but increasing recurrence risk, or an entire lobe, which lowers recurrence risk at the expense of diminished lung function. We are well positioned to move forward rapidly to develop the new technologies associated with iVATS for lung cancer, where clinical proof of concept has already been demonstrated.”

Raphael Bueno, MD
Raphael Bueno, MD

Mr. Lucas added the need for improved soft tissue surgical technology in early stage cancers is large and growing, particularly now with the advent of more effective screening techniques. There are more than 450,000 soft tissue surgeries per year in the US, including lung, breast, liver, thyroid and brain, where minimally invasive, image guided surgery has potential to provide significant benefit to patients. In lung cancer, the number of early stage patient diagnoses is expected to increase with the demonstrated success of early screening at reducing deaths. However, insufficient distance between the tumor and the margin of the resection has been shown over time to be associated with recurrence and death. In breast cancer, lack of precision in localizing tumors and excision with appropriate surgical margins, is a significant contributor to repeat surgeries in the approximately 25 percent of women who undergo lumpectomies.

Jayender Jagadeesan, PhD
Jayender Jagadeesan, PhD

The revolutionary technology’s key innovation is in the use of an active fiducial marker for localizing the tumor, along with augmented reality software to enable real-time, enhanced visualization and guidance and an integrated surgical cutting device. The technology is used in conjunction with a multi-modal, minimally invasive procedure that includes: Imaging and a proprietary navigation algorithm for placement of fiducials; and real time soft tissue and cutting device tracking to precisely obtain an adequate margin.

The iVATS technology was pioneered by Raphael Bueno, MD Chief, Thoracic Surgery, at Brigham and Women’s Hospital and Professor of Surgery at Harvard Medical School, and Jayender Jagadeesan, PhD, research assistant at BWH and Assistant Professor of Radiology at Harvard Medical School. Drs. Bueno and Jagadeesan are co-founders and shareholders of the company.

Drs. Bueno, Jagadeesan and colleagues published a clinical proof-of-concept study on iVATS in the Journal of Surgical Oncology in May 2015. In the 25-patient, Phase I-II clinical trial (with 23 cancer positive patients), there were no significant complications and all nodules were fully resected with negative margins. The study also demonstrated the technology integrates with surgical workflow.

About Navigation Sciences

Navigation Sciences is developing novel, image-guided video assisted technology (iVATS) for minimally invasive localization and removal of early stage lung tumors and other soft tissue lesions. The technology, which combines real-time imaging with augmented reality (AR) promises to dramatically improve surgical outcomes, increase operational efficiency and surgical precision. iVATS clinical proof-of-concept has been demonstrated in a published clinical trial. To learn more, please visit here.

Contacts:

Navigation Sciences
Alan Lucas, CEO

Tel.:     617-834-2829
Emailalan.lucas@navigationsci.com

 

Brookline Man Charged With Hit-And-Run Accident Of Cyclist On Arborway

A Brookline man was arraigned on Wednesday for allegedly colliding with a bicyclist in a hit-and-run accident in an Arborway rotary in August. Massachusetts State Police released dashcam footage of the accident in August, asking for the public’s assistance to locate the motorist.

Jonathan Costa, 27, was charged in the West Roxbury Municipal Court with negligent operation of a motor vehicle and leaving the scene of a collision causing injury, according to the Suffolk County District Attorney’s office.

Prosecutors had sought $500 cash bail for Costa and Judge Debra Shopteese released him on personal recognizance. His next scheduled court date is Nov. 16.

 

MarketsandMarkets To Host Real-World Data & Life Science Analytics Congress In Brookline

Hosted by MarketsandMarkets, the world’s largest revenue impact research and advisory firm focused on high-growth niche markets, Real-World Data and Life Science Analytics Congress will focus on how to leverage combined traditional data sets and real-world evidence (RWE) to achieve clinical development. The 21st Century Cures Act, enacted in December 2016, requires the FDA to incorporate RWE into its programs, despite the lack of education and experience surrounding this advanced data practice. As more healthcare organizations embrace value-based payments, they are turning to RWE to diminish inefficiencies and improve clinical performance. Drug manufacturers and clinicians are also rapidly adopting RWE and realizing the new-age insights RWE can reveal. That being said, both fields are still facing immense challenges using these new-age analytics and selecting the proper technology to discover meaningful evidence.

The two-day event invites professionals from all areas of these diverse practices to discuss, brainstorm and learn with one another to propel RWE use into the future while reviewing advancements in the field. Topics covered range from the different uses/limitations of RWE to health economics and outcomes research, machine learning algorithms, data security and privacy and many more.

Speakers include:

  • Slava Akmaev, Chief Analytics Officer, Senior VP, BergHealth
  • Christopher Boone, Vice President, Real World Data & Analytics Center of Excellence, Patient & Health Impact, Pfizer, Inc.
  • Lou Brooks, Vice President, Commercial Analytics, Optum
  • Gillis Carrigan, Principal Data Scientist, RWD Oncology, Genentech
  • Tom Davis, Principal Consultant, End-to-End Analytics
  • Sara Eapen, VP of Science, Aetion, Inc.
  • Jesse Fishman, Health Outcomes Lead, Medical Affairs Professional, UCB
  • Tom Haskell, Global Head of Data Analytics, Kantar Health
  • Kevin Haynes, Director of Clinical Epidemiology, HealthCore, Inc.
  • Peter Henstock, Senior Manager, Tech Analyst, Pfizer
  • Oksana Kaidanovich-Beilin, Evidence Generation Manager, Takeda
  • Ajay Khanna, Founder and CEO, Tellius
  • Julie Locklear, Managing Director, Genesis Research
  • Prasun Mishra, Founder and CEO, Agility Pharmaceuticals
  • Vijay Mohan, VP, Strategy, Products and Customer Success, RxDataScience, Inc.
  • Nneka Onwudiwe, Senior Scientific Reviewer, FDA and Founder and CEO, PECA LLC.
  • Amine Ouazzani, Feasibility Specialist, Clinical Trial Analytics, R&D Business Insights & Analytics, BMS
  • John Piccone, Principal, ZS Associates
  • Stephanie Reisinger, VP of Life Sciences, Data and Analytics, Allscripts
  • Andrew Rosner, Vice President, Real-World & Late Phase, Syneos Health
  • Naomi Sacks, Director, Evidence Strategy and Generation, Precision Xtract
  • Sebastian Schneeweiss, Professor of Medicine and Epidemiology, Harvard Medical School and Vice Chief, Division of Pharmacoepidemiology, Department of Medicine, Brigham and Women’s Hospital
  • Eric Schultz, President, Cota, Inc.
  • Shailendra (Shelly) Singh, COO, MarketsandMarkets
  • Rachel Twardowski, Senior Manager, Pharmaceutical Data Analytics, Takeda
  • Daniel Weinstein, CEO, Oshi Health
  • Qin Ye, MD, MS, Associate Principal, ZS Associates
  • Robert Zambon, Real World Innovation Lead, Janssen Scientific Affairs, LLC.

Location:

The Holiday Inn Boston-Brookline 
1200 Beacon Street
Brookline, MA 02446

October 25 and October 26, 2018

This event will be an invaluable educational and networking opportunity for professionals in healthcare, pharmaceutical, research and insurance practices including: executives, researchers, analysts, scientists, program directors, clinicians and physicians, payers and regulators, insurance companies and research institutes.

To learn more information about the Real-World Data and Life Science Analytics Congress or to register, visit here.

About MarketsandMarkets

MarketsandMarkets™ is the world’s largest revenue impact research and advisory firm helping more than 80 percent of Fortune 2000 companies identify new high-growth and niche revenue opportunities. In the face of constant technology innovation and market disruption, MarketsandMarkets helps organizations plan and operationalize their future revenue mix decisions by identifying over 30,000 high-growth opportunities ranging from $1B to $500B across over 90 industries and markets. Organizations choose MarketsandMarkets to stay ahead of the curve and accelerate their revenue decisions and implementations by 6 – 12 months, giving them a unique first-mover innovation advantage. Its revenue impact methodology provides actionable and quantifiable insights on converged, granular and connected market eco-systems that result from disruptive technologies and high-growth markets. MarketsandMarkets provides an extended lens on not only what will impact its client’s revenue but also what will impact their customers’ revenues, continually uncovering latent opportunities. Serving C-level executives in functions such as strategy, marketing, sales, R&D, product, and M&A across all major B2B industries, MarketsandMarkets brings exclusive high-growth markets intelligence generated by over 850 SMEs and analysts along with its proprietary revenue impact platform, Knowledge Store, to support decision making. For more information, please visit here or follow on Twitter.

 

Illegal Immigrant Charged With Attempted Rape, Kidnapping In Brookline

A Honduran illegal immigrant accused of choking and attempting to rape a woman was arraigned in Brookline District Court on Tuesday.

Mainor Suazo-Martinez, 20, was charged with assault with attempt to rape, kidnapping, and strangulation.

Police say the 20-year-old victim was walking home from a friend’s apartment on Commonwealth Avenue early Saturday morning when Suazo-Martinez approached her and took her keys and phone. Next, police say he dragged her into an alley, grabbed her throat, and sexually assaulted her.

According to court documents, the victim escaped by asking Suazo-Martinez to come to her place which was nearby. He followed her there and her roommates confronted him, scaring him away.

Police say the victim’s roommates took a picture of Suazo-Martinez and the victim and her roommates positively identified him when he was found.

U.S. Immigration and Customs Enforcement has lodged a detainer request on Suazo-Martinez, a national of Honduras. His cousin confirmed that he is in the U.S. illegally.

Court documents state that he also has a felony warrant out of Brighton District Court for child rape charges.

Suazo-Martinez is being held without bail until a hearing on Wednesday where two or three witnesses are expected to testify.

 

JCHE Plans 62-Unit Affordable Senior Housing Community In Brookline

Jewish Community Housing for the Elderly (JCHE) has announced plans for a 62-unit affordable seniors housing community in Brookline, MA.

The community, which has not yet been named, will be located in the densely populated neighborhood of Coolidge Corner. Construction is scheduled to begin in the first quarter of 2019 for completion in summer 2020.

JCHE and synagogue Congregation Kehillath Israel (KI) are working together to create a multi-generational village center that simultaneously addresses the issues of social isolation and housing affordability. KI will lease space on its Harvard Street campus to JCHE to develop the property, which will be connected both physically and programmatically to the synagogue. The community, located on a half-acre site, will also offer 1,000 square feet of retail space and a public pocket park. Although the property features no parking, the transit-oriented development is near to the MBTA Green Line and bus line, and also offers transportation via Zip Car, Brookline’s ElderBus service and JCHE’s van service.

 

Brookline Bancorp, Inc. (BRKL) Rating Lowered To Strong Sell At BidaskClub

Brookline Bancorp, Inc. (NASDAQ:BRKL) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Thursday.

A number of other research firms have also recently issued reports on BRKL. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.00 target price on shares of Brookline Bancorp, Inc. in a research note on Friday, July 13th. Zacks Investment Research upgraded shares of Brookline Bancorp, Inc. from a “sell” rating to a “hold” rating in a research note on Thursday, August 23rd. Finally, ValuEngine cut shares of Brookline Bancorp, Inc. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company currently has an average rating of “Hold” and an average price target of $18.67.

NASDAQ:BRKL opened at $16.70 on Thursday. Brookline Bancorp, Inc. has a 1 year low of $14.45 and a 1 year high of $19.35. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market capitalization of $1.35 billion, a PE ratio of 18.07 and a beta of 0.78.

Brookline Bancorp, Inc. (NASDAQ:BRKL) last posted its earnings results on Wednesday, July 25th. The bank reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. Brookline Bancorp, Inc. had a net margin of 19.97% and a return on equity of 8.53%. The company had revenue of $68.24 million during the quarter, compared to analysts’ expectations of $69.40 million. sell-side analysts anticipate that Brookline Bancorp, Inc. will post 1.08 EPS for the current year.

In related news, insider James M. Cosman sold 2,750 shares of the business’s stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $18.01, for a total value of $49,527.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David C. Chapin sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $18.01, for a total transaction of $90,050.00. The disclosure for this sale can be found here. Insiders sold a total of 15,250 shares of company stock valued at $275,853 in the last 90 days. 2.51% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of BRKL. Bay Colony Advisory Group, Inc. d b a Bay Colony Advisors bought a new position in Brookline Bancorp in the 2nd quarter worth approximately $143,000. Winton Group Ltd. bought a new position in Brookline Bancorp in the 1st quarter worth approximately $181,000. GSA Capital Partners, LLP bought a new position in Brookline Bancorp in the 2nd quarter worth approximately $214,000. Winthrop Advisory Group, LLC bought a new position in Brookline Bancorp, Inc. in the 2nd quarter worth approximately $265,000. Finally, Xact Kapitalforvaltning AB raised its position in Brookline Bancorp by 25.7% in the 1st quarter. Xact Kapitalforvaltning AB now owns 18,583 shares of the bank’s stock worth $301,000 after purchasing an additional 3,800 shares during the last quarter. Hedge funds and other institutional investors own 75.79% of the company’s stock.

Brookline Bancorp, Inc. Company Profile

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016.

 

Brookline Bancorp, Inc. Names Joanne Chang To Board Of Directors

Joanne Chang, photo credit Kristin Teig
Joanne Chang, photo credit Kristin Teig

Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that its Board of Directors approved an increase in the number of members of its Board to 15 members and appointed Joanne Chang as a director to fill the vacancy created by that action.

Ms. Chang is the pastry chef, co-owner, and founder of Flour, a bakery and café with several locations throughout Boston, MA, as well as Myers + Chang, also located in Boston, which is an Asian fusion restaurant that she co-owns with her husband Christopher Myers. Ms. Chang is an author, television personality, and philanthropist. In 2016, she won the James Beard award for Outstanding Baker. Prior to becoming a chef, Ms. Chang was a management consultant at the Monitor Group. Ms. Chang is an avid athlete, having run the Boston Marathon 15 years in a row. She is also an active member of Boston’s volunteer community. Ms. Chang graduated from Harvard College with a degree in Applied Mathematics and Economics.

“We believe that Ms. Chang’s experience as an entrepreneur, her business acumen running several businesses and her extensive knowledge of the greater Boston market provides a unique perspective to the opportunities and challenges Brookline Bancorp encounters,” said Joseph J. Slotnik, Chairman of Brookline Bancorp, Inc. “We are pleased to welcome her to the Board.”

Paul Perrault, CEO and President of Brookline Bancorp, Inc., added, “Joanne is a highly visible and well respected member of the business community, and is a dynamic addition to our Board. As an entrepreneur Ms. Chang understands the needs of small to medium-sized businesses and what it takes to innovate and expand. I look forward to the strategic value she will bring.”

Ms. Chang has also joined the Board of Directors of Brookline Bank, Inc.

Brookline Bancorp, Inc. Company Profile

Brookline Bancorp, Inc. is a multi-bank holding company for Brookline Bank, First Ipswich Bank, and Bank Rhode Island and their subsidiaries. Headquartered in Boston, MA, the Company has $7.29 billion in assets and branches throughout Massachusetts and Rhode Island. As a commercially-focused financial institution, the Company, through its banks, offers a wide range of commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, consumer and residential loans and investment services designed to meet the financial needs of small-to mid-sized businesses and retail customers. The Company also provides equipment financing through its Eastern Funding and Macrolease Corporation subsidiaries.

The Latest Chapter In The Brookline PD Racism Saga: A $150K Settlement

Prentice Pilot
Prentice Pilot

Several years into an ordeal that has challenged Brookline’s conceptions of itself as a bastion of liberal values, a black man who alleged discrimination in the town’s police department has been awarded a hefty settlement for his much-talked-about claims.

Prentice Pilot, who left the force in late 2015 after he says his complaints about racism went unaddressed and that he faced retaliation, was on Friday granted a $150,000 settlement. As part of the deal, the town has not admitted to any wrongdoing.

He and several other police officers and fire fighters alleged a “longstanding and well-established policy” of discrimination in the town of 59,000 west of Boston. A swirl of media coverage followed the allegations, in part because they painted a picture of a community that had racism percolating under its surface for generations despite its commitment to other cosmopolitan ideals, like banning plastic bags and pondering taxes on gas-guzzling SUVs.

“You can quote me on this,” Pilot told us back in 2016. “I’m calling Brookline a fake-ass liberal town.”

Among other problems, the town has had few black residents in positions of power in local government or law enforcement. In that environment, Pilot alleged that he was subjected to crude racial remarks, including once being told to do “nigger jumping jacks.”

“The last several months of my employment with the Department were difficult for me,” Pilot wrote in a letter to Police Chief Mark P. Morgan this summer, according to the mediaBut he also wrote that he “recognize[s] the steps” the town took after his allegations, including additional training for officers.

A complaint from another officer came to a similar resolution in October, when Estifanos Zerai-Misgun was awarded $180,000 in a settlement, which also did not require that Brookline officials accept any blame.

 

Brookline Day 2018

The Inaugural Brookline Day was in 2012. We are proud to invite you to our seventh event, Brookline Day 2018, which will be held tomorrow, September 23, 2018 between the hours of 11:00 a.m. and 03:00 p.m.

Brookline Day is a large community event that involves many Brookline Town agencies, businesses, partners, and is headed by the Brookline Recreation Department.

This year is going to be our biggest and best year yet! We are planning the best vendors, games, inflatables, trucks, food, face painters, bands, prizes, and special activities, that we can find. This is also the 6th year of our Brookline Day 5K Road Race which was a huge hit back in 2013.

Brookline Day 2018 is guaranteed to be a great day of family fun that everyone will enjoy.

Brookline Day 2018 Event Map
Brookline Day 2018 Event Map

We will see you soon!

Brookline Recreation
133 Eliot Street
Brookline, MA 02467

Tel.:  617-730-2069

E-mailrecreation@brooklinema.gov
URL
:     brooklineday.org

 

Frequently Asked Questions

QHow do I get to Brookline Day? Where do I park?
A: We provide shuttles to Brookline Day throughout the event from all over Town. Parking is very limited around Larz Anderson Park but we have multiple parking options throughout Town that are frequently visited by shuttles. For a complete list of Transportation options, please visit here.

QIs there a main information booth or central tent at the event?
A: Yes. The main hub of Brookline Day is the Information Tent at the main entrance of the event. On the map it is noted as letter “A“. All general questions, inquiries, and other Brookline Day related information will be available at this location the day of.

QDoes Brookline Day cost anything to attend?
A: Nope! Its completely free to come to Brookline Day. Food, Water, and Merchandise will be available for purchase at the event but all activities are free!

QWhere is the First Aid Station?
A: First Aid is location at the Information Tent with letter “A” on the above Map.

QWill there be food options available? What should I bring related to food?
A: We will have multiple food trucks avaialbe throughout the Park. All food costs money. If you have any specific dietary needs, it is recommended you pack a lunch. For more food information, please visit here.

QCan non-Brookline residents attend Brookline Day?
A: Of course! Bring your friends and family wherever they may live.

QWill there be items available for purchase in the Vendor Hall?
A: Yes. Some Vendors will bring items to sell. Not all Vendors will be selling items.

QAre there accessible parking options?
A: Yes. There are accessible parking lots at Larz Anderson Park noted as letter “H” on the above map.

QIs Brookline Day Wheelchair Accessible?
A: Partially. There is a paved walkway that loops around the edge of the park. You will be able to access some of the event via the walkway but a majority of the event is located on grass.

QIf my child and I get separated during the event, what should we do?
A: Report the incident to the information tent. It is recommended that you and your children establish a separation plan prior to the event. A safe meeting place is the Information tent located at letter “A” on the map.

QCan you tell me more about the 5K Road Race?
A: To learn more about the Brookline Day Road Race, please visit here.

QIs there a rain date? What is the rain plan?
A: There is no rain date… this is a rain or shine event. Much of the event is covered by pop up tents and canopies but rain or shine the event will go on!

If you have any other questions, please call 617-730-2069 prior to the event.