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Sanctuary City Tip Of Iceberg In Brookline

About 10 percent of Brookline’s registered voters elect five volunteer selectmen to act as the executive board of the town and as the police and fire commissioners. Although nominally in charge of town affairs, they delegate day-to-day management to a well-paid town administrator ($214,000 annual salary) overseeing 25 department heads.

Two-hundred-forty elected Town Meeting members meet twice a year to vote on a $300 million annual budget and other issues with the advice of a 30-member appointed advisory committee.

I think it is time to change to a mayoral system because the selectmen/police commissioners are blatantly and publicly avoiding responsibility for important decisions that affect people’s lives. The recent Sanctuary City debacle is just the latest example.
Since the election, many communities have enacted Sanctuary City policies to resist Trump’s racist and anti-immigrant actions. After residents asked about our policies, the selectmen assigned a volunteer committee (one of dozens appointed by the selectmen) to review our policies and make recommendations. In January, they provided the committee relevant policies from other cities and towns and two Sanctuary City resolutions from our Town Meeting. They did not provide the committee with our actual policy, Special Order 2012-06, which was buried out of public view in the police department. The policy was uncovered by persevering and concerned residents via a Freedom of Information Act request only after the committee had begun its work.

In opposition to the Sanctuary City resolutions, the policy instructed our local police to hold people wanted by Immigrations and Customs Enforcement even if they would otherwise have been released because of the minor nature of the local charges against them, such as driving without a license. At the time our policy issued, Gov. Deval Patrick made national headlines by instructing the state police not to cooperate with ICE out of concern that it would discourage immigrant communities from reporting crime to local police. It should have been obvious that the decision to cooperate with ICE belonged to our elected selectmen and police commissioners, not unelected department heads and administrators.

At the Feb. 28 selectmen’s meeting, however, Nancy Daly, a selectmen/police commissioner since 2008, went out of her way to tell the public that the selectmen had nothing to do with the policy. I tried to ask the police chief why the selectmen had not been involved since he was answering questions at the podium, but selectmen Chairman Neil Wishinsky denied my request, saying there would be a public hearing the following week.

At the March 7 public hearing, I asked how many of the 240 Town Meeting members were present, given the strong public interest of their constituents (including 800-plus petition signers) in making Brookline a Sanctuary City. Only six people in an audience of approximately 100 people raised their hands. I asked town administrator Mel Kleckner directly whether he had given the green light to Special Order 2012-06. Mr. Kleckner said nothing. When I persisted in my question over the objection of selectmen chair Neil Wishinsky, Mr. Kleckner said, “If the board wants me to answer the question, I will.” The four other selectmen were quiet and Mr. Wishinsky told me to “move on.” They would not require Mr. Kleckner to answer the question. I pointed out that the selectmen had not allowed the police chief to answer my question either. Later in the hearing, a member of the public asked why the selectmen had not responded to valid questions from the public. Mr. Wishinsky said the selectmen answer some questions and choose not to answer others.

The same blatant lack of accountability exists in budgeting. There is no oversight. The town administrator sets the budgets with the department heads and they are approved as requested by the advisory committee and town meeting year after year. The police budget is $16 million and is routinely rubber-stamped by the advisory committee and town meeting. In recent years, the chief’s four top level commanders, including his brother, were given a $33,000 a year raise simply for changing their job title from captain to deputy superintendent. We have a diversity department with a $313,000 budget that does nothing but coordinate events that were previously done by volunteers. There are many other examples of waste, all occurring as we claim we don’t have the resources to pay paraprofessionals in the schools a decent wage.

As it stands the current system is ethically and fiscally unacceptable. A $214,000 per year administrator making important decisions on our behalf with no supervision should be elected and held accountable by the people, not protected by five volunteers. It’s time to retire our town meeting form of government and elect a mayor.

Mariela Ames
Town Meeting member, Pct. 15

 

Target Price Review On Brookline Bancorp, Inc. (NASDAQ:BRKL)

Covering research analysts have taken a stance on where they see Brookline Bancorp, Inc. (NASDAQ:BRKL) moving in the future. According to Thomson Reuters, analysts are projecting a consensus target price of $16.90 on company stock. Wall Street analysts tap into their deep knowledge of the company to help calculate future stock movement. Because of the various techniques used, analysts may have very different stock target estimates.

After a look at recent stock performance, Brookline Bancorp, Inc. (NASDAQ:BRKL) shares have traded $-0.21 off of the 50-day moving average of $15.76 and $1.09 off of the 200-day moving average of $14.46. Shares have been recorded at -10.89% separated from the 52-week high of 17.45 and +49.59% away from the 52-week low of 10.40. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

Street analysts have the ability to employ multiple metrics to help calculate target price estimates. A common metric is a company’s P/E Ratio. This calculation is derived by dividing the current share price by the projected earnings per share. Brookline Bancorp, Inc. presently has a P/E Ratio of 21.01. Investors may also monitor a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. A PEG Ratio under one may indicate that the company is undervalued. If a company has a PEG Ratio above one, it may represent that the company is overvalued. A PEG Ratio near one might be seen as fair value. Brookline Bancorp, Inc. (NASDAQ:BRKL) has a current PEG Ratio of 3.14.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

† Happy Saint Patrick’s Day

Happy Saint Patrick’s Day, or the Feast of Saint Patrick (Irish: Lá Fhéile Pádraig, „the Day of the Festival of Patrick“)!

This cultural and religious celebration is held on 17 March, the traditional death date of Saint Patrick (c. AD 385–461), the foremost patron saint of Ireland.

Saint Patrick’s Day was made an official Christian feast day in the early 17th century and is observed by the Catholic Church, the Anglican Communion (especially the Church of Ireland), the Eastern Orthodox Church, and Lutheran Church. The day commemorates Saint Patrick and the arrival of Christianity in Ireland, and celebrates the heritage and culture of the Irish in general. Celebrations generally involve public parades and festivals, céilithe, and the wearing of green attire or shamrocks.

Christians also attend church services and the Lenten restrictions on eating and drinking alcohol are lifted for the day, which has encouraged and propagated the holiday’s tradition of alcohol consumption.

Make this St. Patrick’s Day very special for your friends, family and loved ones!

 

Brookline Woman Of The Year Misti Jaynes To Be Recognized

Misti Jaynes of the Women and Girls Surviving and Thriving Initiative has been named the 2017 Brookline Woman of the Year for her work to empower women and girls in Brookline, announced the Brookline Commission for Women last week.

“She works to build a better community,” said Casey Hatchett and Chris Chanyasulkit in a statement about Jaynes.

Jaynes has lived in Brookline for 15 years and has been involved in a number of community activities, from Steps to Success to the Women and Girls Thriving Initiative. She’s also joined forces with other community organizations such as City on a Hill Church, Brookline Police Department, the Commission for Diversity, Inclusion and Community Relations and the Outreach and Education Committee of the CDICR.

Jaynes has been married for 18 years, has four children.

Women and Girls Thriving works to encourage limited-income women and girls and working together to build resilience, strength and confidence.

For the past three years she’s worked with that group, most recently collaborating with the Brookline Housing Authority’s population of women and girls. Jaynes has also recruited women and girls from BHA for focus groups, workshop series, Community of Women dinners and various Thriving activities, such as fitness, nutrition, cooking, arts and crafts. She works with women who live in public housing as an ongoing planning group for Thriving activities for women and girls.

For the past decade Jaynes has also been involved with Steps to Success, a program that helps to enhance educational outcomes for students from low-income families in order to defeat the cycle of poverty. She is the head of the Parent Council, and has been on the Steps Board of Directors for more than three years. She has worked with the principal and teachers of Lower Devotion and various educators, health providers, and organizations to bring information and resources to the BHA community.

Misti will be honored at the BCW’s 25th Annual Women Who Inspire Us Awards ceremony on Thursday, March 23, at 6:30 p.m. in Hunneman Hall at the Main Library, 361 Washington Street. The ceremony is open to all. Ten essay contest winners from the fifth, sixth, seventh and eighth grade who wrote essays about women who inspire them will also be recognized at the event.

 

Shawsheen Tech To Host TechJam 2.0

Middle school students are invited to register for Shawsheen/Microsoft TechJam 2.0 scheduled from 8:00 a.m. to 3:30 p.m. on April 20, 2017 at Shawsheen Valley Technical High School, 100 Cook Street, Billerica. This event is free to students currently in the sixth, seventh or eighth grade. This event sold out last year, and organizers encourage those interested to register in advance online.

Shawsheen TechJam 2.0 is a free day of technology discovery featuring demonstrations, interactive workshops, exhibitions and prizes showcasing, drones and robots, gaming and programming, maker zones with 3-D printers, digital artwork and more. A light breakfast snack and box lunch will be provided for all attendees.

Registration is limited to 200 students, and there are no walk-ins due to capacity constraints. Registration is ongoing and there are a limited number of spaces available.

For registration, please visit here.

 

Brookline Attorney, Town Meeting Member, Nominated For Appeals Court

A Brookline attorney who worked for independent counsel Ken Starr during his investigation of the Clinton administration in the 1990s was nominated Wednesday for an Appeals Court judgeship.

Gov. Charlie Baker nominated Joseph Ditkoff, who is the general counsel of the Massachusetts District Court, to serve on the court, which handles all manner of appellate cases.

Ditkoff would succeed Appeals Court Justice Cynthia Cohen, who joined the court in 2001. Cohen, who retired December 31, 2016, was nominated by the late Gov. Paul Cellucci. Before joining the Appeals Court, Cohen co-founded the firm Meehan, Boyle & Cohen in 1985, which is now Meehan, Boyle, Black & Bogdanow.

According to his resume, Ditkoff is a member of Brookline Town Meeting and a graduate of Yale College and Harvard Law School. He worked for Starr from 1998 to 1999, according to his resume, writing briefs, managing non-trial litigation and defending the office in ethics investigations.

For more than a decade Ditkoff worked in the Suffolk County District Attorney’s office, and served from January 2003 to February 2014 as deputy legal counsel to the prosecutor’s office, according to his resume.

The eight-member elected Governor’s Council charged with vetting and voting on nominees set Ditkoff’s interview for Wednesday, April 19, 2017, at 11:00 a.m.

Starr’s investigation delved into President Bill Clinton’s affair with a White House intern, which led to his historic impeachment in 1998 on charges he misled a grand jury investigating his relationship with Monica Lewinsky.

Ditkoff was litigation chairman for the independent counsel from July 1998 to June 1999 and associate independent counsel from February 1998 to November 1999, according to his resume.

As a history major at Yale, Ditkoff was chairman of the Tory Party debating society, according to his resume, and winner of the Yale Political Union Party Prize Debate. Ditkoff is a contributor to the Massachusetts Law Review and from 2001 to 2004 was secretary of the Massachusetts State Prosecutors’ Association.

Right after law school, Ditkoff clerked in Houston, Texas, for Fifth Circuit Court of Appeals Justice Jerry Smith, a nominee of the late President Ronald Reagan, according to his resume and federal court information. Ditkoff worked for the Suffolk County prosecutor’s office starting November 1999 and argued 85 cases before the Supreme Judicial Court and the Appeals Court, according to his resume.

In his resume Ditkoff also said he helped draft legislation that established a witness protection program in Massachusetts and new penalties for interfering in the criminal justice system.

“No law is a cure-all, but this law represents an enormous step forward in the safety of our neighborhoods,” Suffolk County District Attorney Dan Conley said at the time in 2006 when the law was signed. “We’re going to bring more justice to victims and more criminals to justice.”

Ditkoff wrote that he also worked on legislation extending the statute of limitations for child rape. At the Administrative Office of the Trial Court, Ditkoff has drafted jury instructions and other guidelines, according to the resume.

 

Sidewalk Snow/Ice Removal, Enforcement, & Reporting

Sidewalk Snow/Ice Removal Bylaw Enforcement:

The current deadline for Sidewalk Snow/Ice Removal By-Law enforcement for commercial and multi-family buildings is 10:00 a.m. on Wednesday, March 15th. The deadline for single family and residential buildings with less than five families is 12:00 Noon on Thursday, March 16th. By-Law enforcement begins immediately following the times specified.

Note: It is important to understand the Town by-law regarding the Removal of Snow and Ice From Sidewalks and how it is enforced BEFORE reporting violations or making snow or ice removal requests. The Town can issue fines only; the Town cannot force anyone to remove snow or ice nor does the Town remove snow/ice for those who are not in compliance. As a result, when violations are found or reported, the next step is a fine. This may or may not result in the snow/ice being removed by the property owner. In most cases, property owners do eventually comply with snow removal. Your understanding and cooperation is greatly appreciated!

Reporting Unshoveled or Icy Sidewalks in Brookline:

The town will be monitoring snow/ice removal compliance, but citizens can also help. There are easy ways to submit a report:

1. Download the free BrookONline app for iPhone and Android. With the BrookONline app, you can report unshoveled/icy sidewalks, plowing/sanding requests, broken streetlights, graffiti, broken parking meters and much more. Plus, requests can be geo-tagged and include pictures.

2. Fill out the online Citizen Reporter Form located on our website.

Thank you for your cooperation!

Removal of Snow & Ice From Sidewalks By-Law

 

Another Brookline School Principal Announces He Is Leaving

The new Lawrence School principal is the latest to announce he will not be returning to the district next year.

Warren Blair came to the Lawrence School this school year from his position as interim principal of Bear Creek High School in Jefferson County, Colo. to take over when the last principal, Rick Rogers retired at the end of the last school year.

Blair sent a note home to parents this week letting them know he was leaving unexpectedly to care for his aging parents.

Each of the town’s nine schools has had seen some change in leadership over the past two years. Superintendent Andrew Bott told the TAB earlier that he understood it has been hard for members of the community. But, he said, he was working on it.

“We want to get to a point where we have greater stability in principals and that’s that’s a top priority. It’s hard on school communities when you have change. People make changes for so many reasons and it’s often difficult to predict those. [But] it’s an important priority to get to a point where we have stability in our district,” he said adding it would take time and communication.

Last school year four K-8 principals, including those at Heath and Runkle, announced plans to move on or retire. At the time, then-interim Superintendent Joe Connelly put off the search for the Heath and Runkle jobs until this school year. At the end of last school year, when five principals announced they were leaving the district, Connelly acknowledged that was a higher number than usual at the time, but brushed aside concern citing retirements, the large district, and the desire for many to work in communities closer to their homes.

Who’s in, who’s out?

Baker School: Mary Savage Brown, the Baker School principal, announced she was a finalist for Norwood’s school superintendent this month. She has been in Brookline for eight years. If she gets the position, the superintendent’s office will begin searching for her replacement.

Driscoll School: Heidi Cook also announced she was a finalist in Newton for a principalship, but later announced she wasn’t chosen and planned to continue at the Driscoll School.

Pierce School: Pierce School’s Pipier Smith-Mumford retired at the end of the last school year after 17 years as principal of the Pierce school and 31 total in Brookline. Christine Kelley replaced her this school year. Kelley was the interim principal of Winchester High School before taking this position.

Lawrence School: Rick Rogers also retired last year and was replaced by Warren Blair, who came over from his position as interim principal of Bear Creek High School in Jefferson County, Colo. During his career Rogers has spent 24 years as a principal, was a teacher at Heath School, and spent the last eight years as principal of Lawrence School.

BHS: High School Headmaster Deb Holman stepped down last year after taking over in 2011. The superintendent tapped Dean Anthony Meyer to serve as interim headmaster, and then in January this year announced the change would be permanent.

The Lincoln School: Principal Brian Denitzio took his current position this school year, after Bott was named the district’s superintendent. Brian spent a decade as an elementary teacher, teacher leader/coach and school administrator. During the two years prior to coming on as principal he was vice principal of the Lincoln School alongside Bott. Before that he was a middle school English Language Arts teacher in the Boston Public Schools at Orchard Gardens Pilot School and the Rogers School.

Runkle School: Jim Stoddard filled in when Principal Vanessa Beauchaine resigned to pursue a principal job closer to her home in Wrentham in the spring of 2015. Prior to his appointment as interim principal, Stoddard was the vice principal at Runkle. Genteen Jean-Michel is the current principal of Roslindale’s Philbrick Elementary School, and previously principal at Mattahunt Elementary School in Mattapan and at the Lee Academy Pilot School in Dorchester before that.

“While in Boston, Ms. Jean-Michel distinguished herself as a collaborative leader, working closely with teachers, parents, and community stakeholders to create and support energetic, dynamic, and engaging learning communities,” said Bott in a statement.

Heath School: AC Sevelius stepped up to serve as the interim principal for Heath School after Carolyn Wilson announced her plans to resign in the spring of 2015. The superintendent’s office just announced Sevelius will continue as principal there.

The Devotion School: Devo has not been spared churn, either. In 2014 Principal Jennifer Flewelling left suddenly, prompting a search for someone to steer the school during years of renovation while now-interim Superintendent Joe Connelly was brought in as interim principal. But it wasn’t just Flewelling who left. Lacey Becotte, one of the vice principals, left to be principal in Peabody, and Jennifer Buller was brought in from Heath to help replace her. Then in 2015 then-Superintendent Lupini landed Devotion School vice principals Jennifer Buller and Dave O’Hara to head the lower Devo grades, and brought Monica Crowley over from the Lawrence School, where she was a vice principal to lead the upper school grades during the renovation and addition project. And Connelly slid into a new role: interim head of the Brookline Schools.

Administration: When Superintendent Bill Lupini stepped down suddenly two years ago, Brookline brought in interim Superintendent Joe Connelly, who Bott replaced this school year. A number of Lupini’s staff also stepped down or retired.

 

Brookline Woman Leads Free Food Effort

Just past peak, but perfectly fine to eat, crates of food from Volante Farms in Needham are donated to the Brookline Food Co-Op.

Volante Farms is one of countless stops for Vickie Schnoes and Tom Capizzi, two volunteers with the co-op which operates 7 days a week, 364 days a year. They take Christmas off. The food is available to anyone.

“We don’t ask for a referral, like a lot of food pantries do,” Schoes said. “If somebody shows up and is willing to stand in line and take their turn with the other people that need to do the shopping, we figure they probably are pretty hard pressed.”

The food is delivered to about 20 locations on various days.

“Most of our programs are in either Brookline or Boston public housing facilities,” Capizzi said.

The food is free to take. All, in large part, the idea of Brookline’s Shawn O’Neal. It was when she found herself in need, but not meeting criteria for certain aid, that she came up with the concept of collecting unused food to just give away. That was about two decades ago.

“If you’re hungry, come and eat,” O’Neal said.

She spends much of her week at Rogerson Communities Adult Day Health Program in Egleston Square. They keep an eye on her health, and she keeps an eye on anyone who seeks out her advice navigating services.

“I’m always willing to help,” O’Neal said. “It can be very challenging, especially if you’re not active in the community.”

She’s become such an advocate for clients that she was asked by Rogerson to be on their advisory council.

Courtney Barth is the vice president of development and community relations for Rogerson Communities. She described O’Neal as “outgoing.” “She has a very calming presence. People do really like her and enjoy her company,” Barth said.

O’Neal’s natural inclination is to think about others by her involvement in the Rogerson day program and in her continued leadership at the co-op. Despite challenges with mobility, as she depends on a wheelchair, O’Neal still solicits donations and leads by example.

“She’s the face in the community that the community knows,” Schnoes said.

The Brookline Food Co-Op is unique in that they can take perishable items, because they’re delivered same day. Schnoes said donations barely cover their expenses, but they are determined to keeping going.

 

Bob McKay Passes At 91

Bob McKay had no illusions that his work would be easy when he arrived in Boston in 1967, fresh from 15 years as a social justice and housing advocate in the Midwest, to become the first director of the nonprofit Citizens’ Housing and Planning Association.

“Housing is unfortunately not an issue with sex appeal,” he told the Globe then. “It simply concerns how people live.” He added that “the fact is, substandard housing is increasing constantly. We must combine demolition of worn-out structures with adequate new construction, as well as other programs to get low-income families into decent housing.”

That declaration was a succinct roadmap for the course he followed the next 35 years in Boston and Washington, DC, as he coordinated efforts locally and nationally to make better housing more available for lower-income families.

Mr. McKay, whose modest, thrifty ways were apparent in everything from the clothes he wore to his weekly visits to Haymarket seeking bargains among the fish and produce vendors, died January 22 in the Chestnut Park at Cleveland Circle senior living community in Brighton of complications from dementia. He was 91 and previously lived for many years in Brookline, Washington, DC, and Newton.

 

NPS Seeking Student Submissions For Art Contest

Frederick Law Olmsted National Historic Site in Brookline is running a visual art and writing contest for high school students.

The Inspired by Olmsted contest seeks to engage teens with the National Park Service and the legacy of Frederick Law Olmsted and the Olmsted landscape architecture firm. In 2017, the contest commemorates the 160th anniversary of the start of the Central Park design competition that launched Frederick Law Olmsted’s career in 1857. High school students are invited to submit designs for a public park in a fictitious city, along with written vision statements for their designs.

The Inspired by Olmsted contest runs until July 15. A panel of judges will then select winners and runners-up who will receive cash prizes and be honored at a ceremony in Brookline in September. The winning entry will earn a $250 first prize. The winner’s, runner-up’s, and finalists’ designs will be exhibited during the fall at “Fairsted,” the one-time Brookline home of Frederick Law Olmsted and his sons and the longtime headquarters of the Olmsted landscape architecture firm. Registration and other information is available here.

This year’s contest is co-sponsored by the Friends of Fairsted, the Boston Society of Landscape Architects and the Brookline GreenSpace Alliance.

 

Girl Scouts To Host Waltham Camp Open House

The Girl Scouts will hold a summer camp open house from 5:30 to 7:30 p.m. March 16 at Camp Cedar Hill, 241 Forest St., Waltham. Alternative open house dates include April 9 (1:00 -3:00 p.m.), May 7 (1:00 -3:00 p.m.) and May 18 (5:30 – 7:30 p.m.).

All interested girls and their families are invited to tour the camp and learn more about staff and program options. Prior scout membership is not required.

At Camp Cedar Hill, girls are encouraged to explore their personal interests and creativity. The 75-acre site includes numerous trails, large sports fields and two swimming pools, with nature hikes, paddle around the pond, and a high and low ropes course. Popular half-day options are available to youngest campers (entering K-1) and bus transportation is included for campers.

For more information: http://hercamp.org; 617-350-8335; camp@gsema.org.

In the summer months, bus stop locations for campers are available at the following:

Acton: R. J. Grey Junior High School
Arlington: Dallin Elementary School
Arlington: Thompson Elementary School
Arlington: Arlington High School
Bedford: First Parish Unitarian Church
Belmont: Butler Elementary School
Belmont: Winn Brook School
Belmont: Chenery Middle School
Boston: Girl Scout Office, 95 Berkeley St.
Brighton: Our Lady of Presentation
Brookline: Pierce School
Brookline: Devotion School
Brookline: Congregation Kehillath Israel
Cambridge: Kennedy-Longfellow School
Cambridge: Peabody School
Chelsea: Burke Elementary School
Dedham: Avery School
Dorchester: Lee School
Dorchester: St. Mark’s Church
Dorchester: Dewar Street and Dorchester Avenue
Everett: Target
Framingham: Potter Road Elementary School
Framingham: McCarthy School
Hyde Park: Greenwood Leadership Academy
Jamaica Plain: Centre Street Monument
Lexington: Bridge Elementary School
Lexington: Harrington Elementary School
Lincoln: Lincoln School
Marlborough: Kane Elementary School
Mattapan: Chittick Elementary School
Mattapan: Pope John Paul Catholic Academy
Maynard: Green Meadow School
Medford: Brooks Elementary School
Milton: Kelly Field parking lot, Brook Road
Natick: Brown Elementary School
Needham: Greendale Avenue Worship Center
Newton: Mason Rice Elementary School
Newton: F.A. Day Middle School
Norwood: C.M. Callahan Elementary School
Revere: Showcase Cinema
Roslindale: Roslindale Branch Library
Roxbury: Hernandez Elementary School
Roxbury: Timilty Middle School
Roxbury: Tobin K-8 School
Somerville: Winter Hill community School
Somerville: West Somerville Neighborhood School
Sudbury: Atkinson Swimming Pool
Walpole: Blessed Sacrament Elementary School
Wayland: Town Hall
Wellesley: Fiske Elementary School
West Roxbury: Holy Name Church
Weston: Weston Scout House
Westwood: First Baptist Church
Winchester: Town Hall

 

Brookline Art Center To Host “Up/Rooted” Exhibit

The Brookline Arts Center will present Up/Rooted, a national exhibition juried by Cuban-born artist María Magdalena Campos-Pons with a reception 6:00 p.m. – 8:00 p.m. March 17 at 86 Monmouth Street, Brookline. The exhibit runs until April 21.

Up/Rooted explores origin, displacement and the influence of the past on the future. This exhibition examines how culture and identity relate to a sense of place. It delves into how people remain connected to a place even when they are no longer physically there.

“True connection with place lies beyond the parameters of mapped terrain,” artist Shona MacDonald wrote in her artist statement. Artists with roots across the globe, from Peru to Scotland to Russia, echoed similar sentiments of longing.

Many artists who submitted work cited familial history as the inspiration for their art.

Adrienne Der Marderosian, an artist of Armenian descent, spoke of her heritage in her artist statement: “I carry a history that embodies not only my past but that of my ancestors as well. My families’ stories of survival are not only rich and textured but also complex and traumatic. Their collective history has led me to consider how exiles that are separated from their homeland navigate their lives.”

Up/Rooted is an exhibition of 59 artists showcasing work in painting, sculpture, mixed media, photography, charcoal, glass and monoprint.

Selected artists include Stephanie Angelo, Diane Barthelemy, Monique Belitz, Coco Berkman, Gail Bos, Nancy Brooks, Stephen Brucker, Francesca Brunetti, Alex Callender, Zhanna Cantor, Morgan Craig, Nayda Cuevas, Furen Dai, Adrienne Der Marderosian, Lisa Jeanne Graf, Jorge Herrera, Paul Hitchen, Agnieszka Holda, Michael Hower, Dinora Justice, Amanda Kidd Schall, Oana Lauric, Frantz Lexy, Shona Macdonald, Nancy Marks, Liliana Marquez, Jillian Melnyk, Katharine Morrill, Lior Neiger, Eric Nichols, Leah Oates, Olivia Ouyang, Marcus Parsons, Keith Plummer, Bill Porter, Ponnapa Prakkamakul, Susan Reynolds, Catie Rice, Ruth Rosner, Liz Ruest, Claudia Ruiz-Gustafson, Nancy Rumpf, Ingrid Scheibler, David Schnuckel, Tatyana Scott, Shweta Sengupta, Brittany Severance, Ian Shelly, Gaal Shepherd, Lauren Skelly Bailey, Jeff Stauder, Roi Tamkin, Joanne Tarlin, Amanda Tyahur, Andrea Wenglowskyj, Katie Wild, Andrea Zampitella, Ginny Zanger and Daniel Zeese.

 

Brookline Declares Snow Emergency Ahead Of Stella – No School

Brookline has declared a snow emergency beginning Tuesday March 14 at 6:00 a.m. and remaining in effect until Wednesday March 15 at noon.

Parking will be prohibited on all public ways while the emergency is in effect, said Commissioner Andrew Pappastergion of the Brookline Department of Public Works in a statement.

This means town offices and libraries will be closed.

Superintendent Andrew Bott also declared there will be no school Tuesday.

Trash will not be collected on Tuesday. Tuesday’s trash will be picked up on Wednesday; however please do not put any trash at curbside before 7:00 a.m. on Wednesday. Also note that the Wednesday through Friday trash routes will be collected normally.

Because of the large amount of predicted snowfall, DPW plows will be pushing back snow banks as much as possible to allow for safe passage of emergency vehicles, according to the statement.

For more information, please visit here: www.brooklinema.gov

 

Brookline School Committee vs. Educators Union: Department Of Labor To Hear Case

Although Brookline educators and the School Committee are on the verge of making three union contracts legally binding, there is one loose end yet.

In November, the School Committee filed a complaint with the state Department of Labor when the union did not bring the first two agreements to its membership for an official ratification vote.

The Department of Labor launched an investigation and found the Brookline School Department might have a case, and recommended taking the case to a hearing.

“Based on the evidence presented during the investigation, I find probable cause to believe that violations occurred,” said Kerry Bonner, an investigator for the state’s Department of Labor Relations in court documents obtained by the TAB, dated Feb.27.

The School Committee alleges that the Educators Union failed to bargain in good faith by holding off on the ratification vote for the teachers unit agreements, a violation of the committee’s rights.

The union’s lawyer denied the allegations in his filing.

Glenn Koochner, executive director of the Massachusetts Association of School Committees, said he expected many people across the state would be following what happened next.

“I can’t say that I’ve seen a case like it before,” said Koochner, who was not immediately familiar with the case. “I can tell you that school districts all over the state will be watching it with great interest.”

Following requests for comment, the School Committee’s attorney Liz Valerio, a principal of Deutsch Williams, responded via e-mail.

“After an investigation, the State Department of Labor Relations (“DLR”) found probable cause that the BEU Unit A (Teachers) failed to bargain in good faith with the Brookline School Committee which is a violation of Massachusetts General Laws Chapter 150 E, section 10(b),” she said and referred the reporter to the Department of Labor complaint.

The Educator’s Union attorney Matthew Jones did not respond to phone and email requests for comment in time for publication.

The case comes to the State at a time when labor relations under the Baker administration have been called into question by labor activists.

 

Brookline Edges Closer To Agreement With USGA For U.S. Open 2022

A couple of years ago the United States Golf Association announced it chose The Country Club in Brookline to host the U.S. Open in June 2022.

That announcement set into motion a deep dive into what that could mean for the town ahead of negotiations with the USGA.

“Can we handle 30,000 people?” asked Selectmen Chairman Neil Wishinsky, referring to infrastructure.

“We believe the basic infrastructure is there,” said Town Administrator Mel Kleckner, adding that USGA knew how to convert the areas into mini cities.

Late last month the negotiation team, which included the Parks Director Lisa Paradis, former Selectman Ken Goldstein, the Country Club’s PGI professional Tom Ellis and Kleckner made the case to the Board of Selectmen that Brookline is a great choice to host the U.S. Open in five years, despite some challenges with the scope of the event and the event layout.

“It’s not like we haven’t seen it before and we are confident that the town can handle the logistics and we’re confident that the agreement will and must provide benefits to the town or else there’s really no point,” said Kleckner, noting the Country Club and the town have hosted a number of other major golfing events throughout the years. He also pointed out Brookline’s historical role in the game of golf.

The Country Club was a charter member of the U.S. Golf Association, back in the 19thcentury, according to Kleckner.

“And the Country Club was the site of the famous 1913 U.S. Open when a 20-year-old amateur golfer and Clyde Street resident stunned the golf world with a playoff victory. And that event propelled the game of golf in America,” said Kleckner, who added he himself is not a golfer.

Selectmen approved a preliminary letter of intent with the USGA, creating the overall perimeters of negotiation, and authorized the creation of a negotiation team.

The team is working on getting the USGA to come to some concrete sense of what it could look like. But the fact there are other U.S. Opens happening before the 2022 event has hampered progress there, according to Kleckner.

It is still early days.

The Country Club hasn’t reached a definitive agreement with the USGA, either he said.

But he was optimistic about the end result.

“The Country Club and town committed to a successful event in the town and we believe it will happen,” Kleckner told selectmen in February.

Issues in play

The letter of intent in 2015 anticipates a definitive agreement.

The golf world is already abuzz about the 2022 event.

Main considerations, said Goldstein, include figuring out which properties will be involved. Goldstein said the USGA wanted to use Putterham Golf course as a welcoming area going into the venue, including the 37,000-square-foot Spectator Village for merchandise, food and beverage.

Traffic, public safety, noise, licensing and business opportunities, and local business protection and promotion were also considerations that needed to be hammered out.

He also said they were considering how to ensure no loss of revenue and to balance that with use of Brookline’s resources and making sure the course would be repaired and renovated.

“This is an opportunity for Brookline to show the world that a world-class town like Brookline can put on a world-class sporting event,” said Goldstein

Ellis said the negotiation team went to the Oakmont U.S. Open in Pittsburgh to get an idea of how it could work in Brookline. They went back after a month to see how removal went and returned yet again to see the restoration progress.

Some lessons they took away. The take down? “Certainly quite the process,” he said.

Three months after the U.S. Open the Oakmont golf course began the restoration process, he said.

But Paradis stressed that they were taking their time in the restoration process and that was not the intent when it came to Brookline.

Next steps for Brookline? Paradis said as the negotiation team worked with the USGA her team planned to get more community involvement.

She said the team met initially with some stakeholders early on, but she said they intended to bring those folks back to the discussion along with others in the community.

Selectwoman Nancy Daly said she was skeptical of the plan, saying it could cause damage to the town-owned Putterham Golf Course and expressed concern about what it would mean to take it out of commission for a few months. Kleckner said he saw it as an opportunity to do upgrading work to Putterham.

Paradis said the parks division did a preliminary survey to see if customers would return to Putterham after the US Open, most said they would, she said.

Selectwoman Betsy DeWitt said she felt bringing the U.S. Open to Brookline could have its benefits.

The Country Club has hosted the U.S. Open three times: 1913, 1963 and 1988, In 1999, it hosted the Ryder Cup. and was the site of the U.S. Amateur tournament in 2013.

The club had also been a potential golf venue for the proposed 2024 Olympic Games.

If it goes forward, the 2022 U.S. Open will be the 17th USGA event hosted by The Country Club, according to the USGA, putting it behind only Merion Golf Club in Ardmore, Pa. (18), for number of events.

 

Brookline Senior Center To Host Immigrant Forum

“Coming to America: Community Forum on Immigrant and Refugee Rights” is set for 3-5 p.m. March 26 at Brookline Senior Center at 93 Winchester Street.

Featured speakers include Bernard Greene, Brookline Board of Selectman; Eva Millona, MA Immigrant & Refugee Advocacy Coalition; Laura Rótolo, American Civil Liberties Union of Massachusetts; Westy Egmont, Boston College School of Social Work and Immigrant Voices.

The event will be moderated by Chris Chanyasulkit, Brookline Sister City Project Advisory Committee.

Co-sponsors include Alianza Centroamericana, All Saints Parish, Boston Workmen’s Circle, Brookline Adult & Community Education, Brookline Community Foundation, Brookline Community Mental Health Center, Brookline Department of Public Health, Brookline Interactive Group, Brookline Office of Diversity, Inclusion, & Community Relations, Brookline PAX, Brookline-Quezalguaque Sister City Project, Brookline Senior Center, Chobee Hoy Associates, The First Parish of Brookline, League of Women Voters of Brookline, Massachusetts Jobs with Justice, St. Mary’s of Assumption Parish, St. Paul’s Episcopal Parish, Temple Ohabei Shalom, Temple Sinai and United Parish of Brookline.
RSVP recommended here. For more information, please e-mail: brooklinesistercity@gmail.com.

This event is free.

 

Comerica Bank Has $2,359,000 Stake In Brookline Bancorp, Inc. (BRKL)

Comerica Bank cut its stake in Brookline Bancorp, Inc. (NASDAQ:BRKL) by 17.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 147,453 shares of the company’s stock after selling 31,651 shares during the period. Comerica Bank owned about 0.21% of Brookline Bancorp worth $2,359,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of BRKL. Schwab Charles Investment Management Inc. increased its position in shares of Brookline Bancorp by 11.5% in the second quarter. Schwab Charles Investment Management, Inc. now owns 255,263 shares of the company’s stock valued at $2,816,000 after buying an additional 26,296 shares during the last quarter. Moody Aldrich Partners, LLC increased its position in shares of Brookline Bancorp by 12.1% in the third quarter. Moody Aldrich Partners, LLC now owns 260,592 shares of the company’s stock valued at $3,177,000 after buying an additional 28,070 shares during the last quarter. GWM Advisors, LLC increased its position in shares of Brookline Bancorp by 98.1% in the third quarter. GWM Advisors, LLC now owns 29,456 shares of the company’s stock valued at $359,000 after buying an additional 14,584 shares during the last quarter. Trust Co. of Vermont increased its position in shares of Brookline Bancorp by 107.9% in the third quarter. Trust Co. of Vermont now owns 13,100 shares of the company’s stock valued at $160,000 after buying an additional 6,800 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its position in shares of Brookline Bancorp by 2.2% in the third quarter. Great West Life Assurance Co. Can now owns 98,459 shares of the company’s stock valued at $1,198,000 after buying an additional 2,126 shares during the last quarter. 77.36% of the stock is currently owned by institutional investors.

Brookline Bancorp, Inc. (NASDAQ:BRKL) opened at 15.40 on Friday. Brookline Bancorp, Inc. has a 52 week low of $10.40 and a 52 week high of $17.45. The stock has a market capitalization of $1.08 billion, a P/E ratio of 20.81 and a beta of 0.88. The company has a 50 day moving average of $15.81 and a 200 day moving average of $14.35.

Brookline Bancorp (NASDAQ:BRKL) last announced its quarterly earnings data on Wednesday, January 25th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. Brookline Bancorp had a net margin of 19.97% and a return on equity of 7.53%. During the same quarter last year, the company posted $0.19 earnings per share. Equities analysts expect that Brookline Bancorp, Inc. will post $0.82 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 24th. Shareholders of record on Friday, February 10th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Wednesday, February 8th. Brookline Bancorp’s dividend payout ratio (DPR) is currently 48.65%.

Separately, Compass Point downgraded shares of Brookline Bancorp from a “buy” rating to a “neutral” rating in a research note on Friday, November 18th.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

Renaissance Technologies, LLC Increases Position In Brookline Bancorp, Inc. (BRKL)

Renaissance Technologies, LLC boosted its position in shares of Brookline Bancorp, Inc. (NASDAQ:BRKL) by 18.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,118,600 shares of the company’s stock after buying an additional 173,100 shares during the period. Renaissance Technologies, LLC owned about 1.59% of Brookline Bancorp worth $18,345,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the stock. BlackRock Fund Advisors boosted its stake in shares of Brookline Bancorp by 9.8% in the third quarter. BlackRock Fund Advisors now owns 4,892,137 shares of the company’s stock worth $59,635,000 after buying an additional 435,383 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Brookline Bancorp by 2.4% in the third quarter. Rhumbline Advisers now owns 149,090 shares of the company’s stock worth $1,817,000 after buying an additional 3,530 shares in the last quarter. Moody Aldrich Partners, LLC boosted its stake in shares of Brookline Bancorp by 12.1% in the third quarter. Moody Aldrich Partners, LLC now owns 260,592 shares of the company’s stock worth $3,177,000 after buying an additional 28,070 shares in the last quarter. Whalerock Point Partners, LLC purchased a new stake in shares of Brookline Bancorp during the third quarter worth about $4,761,000. Finally, Aperio Group, LLC boosted its stake in shares of Brookline Bancorp by 5.0% in the third quarter. Aperio Group, LLC now owns 21,488 shares of the company’s stock worth $262,000 after buying an additional 1,015 shares in the last quarter. Institutional investors and hedge funds own 77.36% of the company’s stock.

Shares of Brookline Bancorp, Inc. (NASDAQ:BRKL) opened at 15.40 on Friday. Brookline Bancorp, Inc. has a 12 month low of $10.40 and a 12 month high of $17.45. The company has a market capitalization of $1.08 billion, a PE ratio of 20.81 and a beta of 0.88. The stock’s 50 day moving average price is $15.81 and its 200 day moving average price is $14.35.

Brookline Bancorp (NASDAQ:BRKL) last released its quarterly earnings data on Wednesday, January 25th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. Brookline Bancorp had a return on equity of 7.53% and a net margin of 19.97%. During the same quarter in the previous year, the firm earned $0.19 EPS. On average, analysts forecast that Brookline Bancorp, Inc. will post $0.82 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 24th. Investors of record on Friday, February 10th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, February 8th. This represents a $0.36 annualized dividend and a dividend yield of 2.34%. Brookline Bancorp’s dividend payout ratio (DPR) is presently 48.65%.

Separately, Compass Point upgraded Brookline Bancorp from a “neutral” rating to a “buy” rating in a research note on Thursday, January 26th.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

Sell-Side Is Weighing In On Brookline Bancorp, Inc. (NASDAQ:BRKL) Earnings

Wall Street analysts have a current quarter EPS estimate of $0.19 on shares of Brookline Bancorp, Inc. (NASDAQ:BRKL). Analysts and investors will be looking ahead to the next company earnings report which is scheduled to be on or around 2017-04-19 for the period ending 2017-03-31.

Before and after the earnings report, covering Wall Street analysts often make updates to their projections. Analysts taken into consideration by Zacks Research have a current mean target price of $13.125 on shares of Brookline Bancorp, Inc. (NASDAQ:BRKL). This target consists of 4 research analysts polled by Zacks Research. Analysts may have different stances on where they see the stock headed in the future.

Among the polled analysts, the highest estimate sees the stock going to 14 in the next year. The analyst with the lowest target price views shares reaching $12.5 within the same period. In looking at the standard deviation of all estimates, we arrive at 0.629. Zacks Research also compiles analyst ratings using a scale that ranges from 1 to 5. If the company has a ratings score of 1, this would represent a Strong Buy. If the company has a 5 rating, this would signify a Strong Sell. Combining all the ratings on Brookline Bancorp, Inc. (NASDAQ:BRKL), the current mean stands at 2.75. Breaking those down we see that the ratings are as follows: 0 Strong Buy, 1 Rated Buy, 3 Rated Hold and 0 Rated Sell.

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. Part of the data in this report is derived from Zacks Research and FactSet. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. The consensus numbers take into account the reports from over 160 brokerage firms. The job of analysts is to issue recommendations for their clients, and not typically for the general public. Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments. We in no way are suggesting that readers make any decision on Brookline Bancorp, Inc. (NASDAQ:BRKL) based on the information in this report.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

Invitation For Bids For Integrated Pest Management At State & Federal Subsidized Housing

INVITATION FOR BIDS

The Brookline Housing Authority (BHA) is seeking sealed bids for Integrated Pest Management at State and Federal Subsidized Housing. The contract sum is estimated to be $35,000 per year. The initial contract term shall be one (1) year. BHA shall have up to three (3) options to extend the contract for an additional one (1) year period for a maximum total contract period of four (4) years. The option to extend the contract shall be at the sole discretion of the BHA. The BHA Board of Commissioners reserves the right to reject any and all bids.

The work to be performed under this contract is subject to the requirements of Section 3 of the HUD Act of 1968.

Bids are subject to M.G.L. c. 30B sec. 5.

Sealed Bids will be received until 2:00 p.m., March 22, 2017. Bids shall be mailed or hand delivered to Brookline Housing Authority, 90 Longwood Avenue, Suite 1, Brookline, MA 02446 and received no later than the date and time specified above.

Contract Documents will be available starting March 6, 2017. Interested contractors please contact George Lalli, Director of Maintenance, at 617-277-2022 x312 or glalli@brooklinehousing.org for a set of Contract Documents.

The Project sites will be available for inspection on March 15, 2017. Bidders interested in visiting the sites shall meet at 90 Longwood Avenue, Brookline, MA 02446 at 10:30 a.m.

MBE/WBE and Section 3 business concerns are encouraged to bid.

 

Teachers Retirement System of The State of Kentucky Sells 1,400 Shares Of Brookline Bancorp, Inc. (BRKL)

Teachers Retirement System of The State of Kentucky reduced its stake in Brookline Bancorp, Inc. (NASDAQ:BRKL) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,010 shares of the company’s stock after selling 1,400 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.14% of Brookline Bancorp worth $1,641,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in Brookline Bancorp during the fourth quarter valued at approximately $26,849,000. BlackRock Fund Advisors boosted its stake in Brookline Bancorp by 9.8% in the third quarter. BlackRock Fund Advisors now owns 4,892,137 shares of the company’s stock valued at $59,635,000 after buying an additional 435,383 shares in the last quarter. Whalerock Point Partners, LLC acquired a new stake in Brookline Bancorp during the third quarter valued at about $4,761,000. State Street Corp boosted its stake in Brookline Bancorp by 9.5% in the fourth quarter. State Street Corp now owns 2,086,950 shares of the company’s stock valued at $34,229,000 after buying an additional 181,257 shares in the last quarter. Finally, Renaissance Technologies, LLC boosted its stake in Brookline Bancorp by 18.3% in the fourth quarter. Renaissance Technologies, LLC now owns 1,118,600 shares of the company’s stock valued at $18,345,000 after buying an additional 173,100 shares in the last quarter. 77.36% of the stock is currently owned by hedge funds and other institutional investors.

Brookline Bancorp, Inc. (NASDAQ:BRKL) traded down 0.97% during mid-day trading on Friday, hitting $15.30. The company had a trading volume of 69,655 shares. The company has a 50-day moving average price of $15.82 and a 200 day moving average price of $14.32. Brookline Bancorp, Inc. has a 12 month low of $10.40 and a 12 month high of $17.45. The firm has a market capitalization of $1.08 billion, a P/E ratio of 20.68 and a beta of 0.88.

Brookline Bancorp (NASDAQ:BRKL) last announced its earnings results on Wednesday, January 25th. The company reported $0.19 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.19. Brookline Bancorp had a return on equity of 7.53% and a net margin of 19.97%. During the same quarter in the prior year, the business posted $0.19 EPS. Equities analysts forecast that Brookline Bancorp, Inc. will post $0.82 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, February 24th. Investors of record on Friday, February 10th were paid a dividend of $0.09 per share. The ex-dividend date was Wednesday, February 8th. This represents a $0.36 annualized dividend and a yield of 2.33%. Brookline Bancorp’s dividend payout ratio (DPR) is 48.65%.

Separately, Compass Point cut Brookline Bancorp from a “buy” rating to a “neutral” rating in a research report on Friday, November 18th.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

Things To Do In Brookline This Week

Saturday, March 11: Brookline High School’s Spring play “Every 28 Hours Plays” is a collection of 1 minute plays written by more than 70 playwrights inspired by the current Civil Rights Movement, the Black Lives Matter movement and the widely shared yet contested statistic that every 28 hours a black person is killed by a vigilante, security guard or police officer. 3:30 p.m. and 7:30 p.m. in the Black Box theater. Cost: Donations at the door will go to supporting production costs. For more information, please visit here.

Sunday, March 12: Il Trovatore, one of the great operas of the Romantic period, will be airing at the Coolidge Corner Theatre at 10:00 a.m. International superstars Dmitri Hvorostovsky, Anita Rachvelishvili, Lianna Haroutounian and Gregoy Kunde lead a superb case of singers in this classic story. The events costs $20 for regular attendance, and $17 for Coolidge members and seniors. Coolidge Corner Theatre is located on 209 Harvard Street.

Monday, March 13: There will be a blood drive at the Hunneman Hall at the Brookline Village from 11:30 a.m. until 8:00 p.m. Come donate blood for a good cause! It’s quick and easy, and it will help someone in need.

Tuesday, March 14: Author Dan Chaon will be at the Brookline Booksmith to discuss his new book “Ill Will” alongside novelist Tom Perrota at 7:00 p.m. Chaon explores two sensational unsolved crimes, both linked by one man’s memory and self-deception in his newest novel. This is a great opportunity to hear from two superb authors, and the event is free. Contact the Brookline Booksmith.

Wednesday, March 15: Salesman turned actor Stephen Collins is performing in a one-man show entitled “Irish Voices” at the Wingate Residences at Boylston Place at 1:30 p.m. “Irish Voices” showcases the influence Irish writers had on English literature and explores the themes of land, the past, the church and the changing political landscape. The Wingate Residences is located on 615 Heath St. The event is free, but space is limited. Call 617-244-6400 for more information or to RSVP.

Wednesday, March 15: The East Coast Divers will be a hosting a night to brief everyone on the upcoming travel trips and events. Join them on 213 Boylston St. from 7:00 p.m. until 9:00 p.m. to hear about the upcoming dive trips, and enjoy some free pizza and refreshments while you are at it. Contact the East Coast Divers at 617-277-2216 for more information.

Brookline Student Steers Unclaimed Assets To Charities

Haley Evans is a driven, polite, academically earnest senior at Brookline High School who does volunteer charity work in her spare time — when she is not hunting for buried treasure.

So far, Evans has found more than $3 million hidden in the minutiae of unclaimed money lists compiled by state treasuries around the country. The soft-spoken 18-year-old is not looking to enrich herself, her family, or her friends.

Instead, when Evans hunkers down at a computer, she is searching on behalf of strangers and businesses who almost always have no idea she is trying to find them money.

When Evans does hit paydirt, she does not ask for a fee.

 

Average Price Target Of 11.30 Issued For Brookline Bancorp, Inc. (NASDAQ:BRKL)

Currently 5 analysts have outstanding research reports on Brookline Bancorp, Inc. (NASDAQ:BRKL), according to the reports 1 analysts rate the stock “Buy”, 2 “Outperform”, 0 “Underperform”, 0 “Sell”, while 2 “Hold”.

The most recently updated ratings and price targets from brokers issued for Brookline Bancorp, Inc. (NASDAQ:BRKL) are included below.

07/21/2016 – Broker: Compass Point Rating: buy New Target: 13 reiteration

07/08/2016 – Broker: Keefe, Bruyette & Woods Rating: outperform New Target: 13 upgrade

06/07/2016 – Broker: Sandler O’Neill Rating: hold reiteration

09/15/2015 – Broker: Piper Jaffray Rating: neutral New Target: 11 newcoverage

05/01/2015 – Broker: Zacks Rating: hold reiteration

01/26/2015 – Broker: Macquarie Rating: neutral New Target: 9.5 newcoverage

10/25/2013 – Broker: Raymond James Rating: outperform New Target: 10 reiteration

The average target price given to the company from the latest broker reports is 11.30

The stock decreased +0.00% (+0.00) during the last days session, reaching 15.45 and roughly 0 shares were bought or sold by traders. Brookline Bancorp, Inc. (NASDAQ:BRKL) has increased by +46.45% over 12 months.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

Brookline Honors

Jason H. Fehrnstrom, of Chestnut Hill, was named to second honors on the Clark University dean’s list for the fall 2016 semester. Jacob B. Kahn, of Chestnut Hill, was named to first honors. To be eligible for second honors, students must have a GPA of 3.5 or higher; first honors students must have a GPA of 3.8 or higher.

Wesleyan University student Michael Weinstein, of Brookline, has made a two-year commitment to teach in a high-needs school through Teach for America. Weinstein, who is the captain for both the men’s rugby team and ski team, will teach middle school special education in Milwaukee, Wisconsin. This will be his first experience living in the Midwest.

At Newton Country Day School of the Sacred Heart, Brookline residents Charlotte Bizup and Grace Bizup earned Gold Distinction for a first semester grade average of A or A-minus with no grade below B-plus. Silver Distinction for achieving a B-plus average with no grade below a B-minus was presented to Alexandra Childs and Maisie Elkins.

The following students were named to the dean’s list at the University of Massachusetts Amherst for the fall 2016 semester: Ella Danae Duvall, of Brookline; and Yoel Joseph Abulaf, Erica Braman, Jody Joan Chow, Ruja Kambli, Sung Jun Kim, Yougi Lee, Neda Razi Morakabati, Michael Richard Moy, Ariel Roy Robinson, Daniel Dean Robinson, Sofie Lila Rosenberg, Alexander Isaac Russell, Samuel John Russell and Ben Tuval, all of Chestnut Hill. In order to qualify, an undergraduate student must receive a 3.5 GPA or better.

The following Brookline student made the dean’s list at Rochester Institute of Technology for fall 2016 semester: Grigoriy Gressel, electrical engineering; Phuvit Kittisapkajon, computer engineering; and Jamie Lamoureux, game design and development.

The following Brookline students made honor roll at Brimmer and May School for the second quarter: Amir Ali, Alex Bunis and Eleanor Reyelt, all earned honors; and Tal Breiman and Isabella Laine both earned high honors. To earn honors in the Middle School, a student must have at least an overall B average with no mark lower than a B-minus. To earn high honors, a student must have at least an A-minus average with no mark lower than a B-plus.

Lance Posternak and Gabrielle Duncan, both of Brookline, were named to the honor roll at TEC Connections Academy. These students maintained a high grade average in the previous semester and were honored during a virtual award ceremony.

 

Elizabeth Riely Passes At 71

In her food articles, Elizabeth Gawthrop Riely took readers inside a Cambridge bistro that served venison, to a Maine island inn whose menu featured monkfish poached in cider, and across the ocean for seasonal fare.

“Bouquets of artichokes adorned every vegetable stand, however modest, during our early spring visit to Florence,” she wrote for the Globe in 1999, adding that in season, artichokes in Italy are “eaten stewed, steamed, stuffed, sauteed, deep-fried, and every other way imaginable, including raw.”

Now and then she ventured into more personal territory, such as when she returned to her family’s homeland in 1995 and shared an elaborate recipe for a signature Southern drink.

“My family thought spring had arrived when the mint pushed up through the earth in our garden,” she wrote for the Globe. “This method of marking the vernal equinox comes from my mother, who grew up in Louisville, Ky., where fresh sprigs of spearmint are an essential part of the mint julep cocktail.”

 

Brookline Residents Want Police To Have As Little Contact With Ice As Possible

Last month when town officials announced they wanted to reaffirm Brookline’s status as a “sanctuary city” in the face of President Donald Trump’s executive orders that threatened to tighten restrictions on illegal immigrants, some residents were shocked to discover the police department’s only official policy was a 2012 special order that outlined how to hold someone on a detainer request for the U.S. Immigration and Customs Enforcement agency.

One resident got mad.

“Brookline is anything but a true sanctuary city,” said Anne Weaver.

So she started an online petition in an effort to help rally for Brookline to become a “true sanctuary city.”

At the same time the Board of Selectmen charged the Diversity Inclusion and Community Relations Commission with coming up with recommended changes to police policies as they relate to ICE. Anthony Naro, who sits on the commission, came before the board to recommend eight places the working group thought the Police Department could change, including having the selectmen rescind the 2012 police guideline that went along with then-President Obama’s Secure Cities Policy. The police chief has said that the special order made sense for his department at the time, but was only meant as a temporary guideline. As a way to avoid violating federal law, Brookline’s proposal would not restrict local authorities from sharing information with federal immigration authorities.

But that didn’t sit well with Weaver.

“As written, the town’s proposed policy is neither strong enough to protect human rights, nor to ensure accountability from Brookline town officials,” she said, adding the town should refuse to cooperate with ICE in any way.

So far, there’s a lot of Brookline residents who seem to agree with her. Her petition has more than 800 signatures she said, half of which are online, and a number of residents came out to a public hearing on the proposed policy to speak in favor of points she suggested adding to the current proposed policy on ICE interactions in the police department.

She wants to add seven elements, including a statement that Brookline would not partner with ICE in making any immigration arrests, sweeps or raids, or agree to use space to hold people for ICE. She also wanted the town to make clear the Brookline wouldn’t ask about the immigration status of anyone, and wouldn’t initiate the questioning or criminal investigation of anyone for reasons related to their immigration status. She asked that in addition to the police keeping track of ICE detainer requests, they create a log of all communications with ICE and make it available to the public.

Any modifications to policies or orders that relate to any federal law enforcement agency should go before the Board of Selectmen after a public hearing, she said.

And finally, she asked the town to file or join a lawsuit – much like Chelsea and Lawrence recently did – against the president of the United States to have his threat to withdraw funding from “sanctuary cities” declared unconstitutional.

More than a dozen people spoke, most of whom noted at least some support for Weaver’s additions. Others took the opportunity to criticize the Board of Selectmen for not knowing about the police special order, despite the police chief’s explanation that he had the authority to distribute such orders without having to alert selectmen.

Mariela Ames, a court interpreter, inferred that one way to help protect individuals from ICE would be to stop allowing police discretion to arrest individuals on traffic stops if they don’t have a license. Illegal immigrants are not permitted to get a license, and not having a license may be the only other illegal thing they do. Not all towns or cities do that, she said although the TAB was not able to independently verify that statement before publication. But if when a person is arrested, his or her fingerprints are sent to the State Police, then the FBI and then ICE, it puts those people who might otherwise be innocent of major crimes suddenly in danger.

Two women took to the podium, including a Clafin Road woman who choked up when she was letting selectmen know that there was genuine fear in the community when it came to ICE raids and encouraged the board to consider Weaver’s amendments.

“Policies need to be coming from a courageous place,” she told the board.

Another resident spelled it out for selectmen.

“The proposed policy represents an important step in the right direction,” said John Bowman. “I don’t like general order No. 6 (the provision not prohibiting police from contact with ICE), but regardless of what policies or procedures there may be a time when Brookline officials need to exercise judgment and exercise courage to do what is morally right even if it may be against federal law or executive orders. I urge you to take such a courageous stance and I want you to know if that comes to pass I will stand with you, and I hope that the whole town of Brookline will do the same.”

Even as President Donald Trump’s promises for more aggressive action on illegal immigrants prompted Brookline to look into how it defines itself as a Sanctuary City, the president has also spoken about taking away funding from communities that violate federal law by shielding undocumented immigrants.

The threat to end funding concerns some residents at at time when the town will need to vote on a multimillion-dollar override to fund a ninth school and high school renovations in the coming years.

Anthony Naro of the commission tasked with looking into how Brookline Police should change its policy said the potential loss of federal funds should be a relevant consideration, but his working group did not have time to look into the president’s threat he would take away some federal funding, or how that would look for Brookline. He pointed out that also wasn’t part of their charge.

His recommendation came down to the law, he said.

Naro said his subcommittee looked into the policies of neighboring towns and other communities in the state with “sanctuary city” policies, but not all of them were created equal.

“There are some towns that allow a person to be held on ICE detainer policies under certain circumstances,” said Naro. For example if they’re arrested for violent crimes or determined to be a danger to the community, the police have the authority to hold them for 48 hours on the ICE detainer, he said.

“There’s a petition that’s been going around that talks about Cambridge and Somerville’s policies, but it would be a grave error to adopt those exceptions,” he said. “The Constitution does not recognize those exceptions. Immigrants have the same constitutional rights as citizens when they’re in this country. Period. Whether they’re undocumented or documented. And so as with citizens… regardless of whether or not police believe they’re a danger to the community… a state actor including a Brookline Police officer may not deprive an immigrant of liberty without a warrant or other legal process and an ICE detainer simply doesn’t meet that standard and so exceptions such as those adopted by other towns fail to recognize the full constitutional rights of immigrants. And I think Brookline should lead the charge in rectifying this. And that’s something that our chief signs onto as well.”

 

Brookline Resident Mentors With Partners In Education

Frank Ty Rabe, of Brookline, is a volunteer mentor with Boston Partners in Education, past two years in the Gardner Pilot Academy’s math program.

Rabe is retired and used this mentorship opportunity to spend time contributing to the community and helping others.

“I’ve noticed a surge in satisfaction and happiness from being in the program and meeting students, teachers, and staff,” said Rabe. “I also have a much deeper respect for the skills of the teachers and the challenges they face.”

Retirees, commuters and neighbors like Rabe have volunteered their spare time, with one hour each week. Last year, over 500 Boston Partners in Education mentors served more than 3,300 students at 63 Boston Public Schools.

 

Should You Buy Brookline Bancorp, Inc. (NASDAQ:BRKL) On Current Analyst Views?

Stock market analysts and brokers have recently amended their target prices on shares of Brookline Bancorp, Inc. (NASDAQ:BRKL).

According to the latest research reports released, 1 analyst has issued a rating of “buy”, 2 analysts “outperform”, 2 analysts “hold”, 0 analysts “underperform” and 0 analysts “sell”.

The most recent analyst ratings issued by brokerages:

07/21/2016 – Brookline Bancorp, Inc. had its “buy” rating reiterated by analysts at Compass Point. They now have a USD 13 price target on the stock.

07/08/2016 – Brookline Bancorp, Inc. was upgraded to “outperform” by analysts at Keefe, Bruyette & Woods. They now have a USD 13 price target on the stock.

06/07/2016 – Brookline Bancorp, Inc. had its “hold” rating reiterated by analysts at Sandler O’Neill.

09/15/2015 – Piper Jaffray began new coverage on Brookline Bancorp, Inc. giving the company a “neutral” rating. They now have a USD 11 price target on the stock.

05/01/2015 – Brookline Bancorp, Inc. had its “hold” rating reiterated by analysts at Zacks.

01/26/2015 – Macquarie began new coverage on Brookline Bancorp, Inc. giving the company a “neutral” rating. They now have a USD 9.5 price target on the stock.

10/25/2013 – Brookline Bancorp, Inc. had its “outperform” rating reiterated by analysts at Raymond James. They now have a USD 10 price target on the stock.

The share price of Brookline Bancorp, Inc. (NASDAQ:BRKL) was unchanged +0.00% during the last trading session, with a day high of 0.00. 0 shares were traded on Brookline Bancorp, Inc.’s last session.

The stock’s 50 day moving average is 15.83 and its 200 day moving average is 14.31. The stock’s market capitalization is 1.10B. Brookline Bancorp, Inc. has a 52-week low of 10.40 and a 52-week high of 17.45.

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

 

Officers Face Termination In Hearing

Police officers Prentice Pilot and Estifanos Zerai-Misgun’s disciplinary hearing for potential termination due to absence from their jobs at the Brookline Police Department occurred on March 3.

The officers have not returned to work since reporting alleged racial discrimination in December 2015. According to Oren M. Sellstrom and Hillary Schwab, the lawyers representing the officers, the Town has taken no meaningful action to remedy the situation.

The allegations from the officers (listed in a letter November 2016 from Sellstrom and Schwab that was presented at the hearing) include that the officers do not feel safe returning to work due to the threatening nature of comments they received, the officers are scared their fellow officers won’t back them up, the Town has ridiculed the officers’ concerns by using quotation marks around the word unsafe, the Town called the racist comments “racial bantering” and the Town dismissed the offensive and harmful nature of the remarks, thereby ignoring the problem.

The Town seeks to terminate the two officers of color, who make up one-third of the department’s six Black police officers. The presiding hearing officer James Lampke, who will decide the case, is the same hearing officer who heard fireman Gerald Alston’s case in October 2016. In Alston’s case, similar racial harassment allegations led to a leave of absence of many years, which culminated in

Alston’s firing. Lampke may not return a verdict for months.

During the opening statements, Selectmen’s attorney Joseph Padolsky said that the number of people present to support the two officers at the meeting showed that they are part of a movement, one that at its core hopes to end racism and spread a message of peace, not prosecution.

“I can ensure you, the Town is on the same, more perfect pursuit as each of you,” Padolsky said. “The record will reflect that Officer Zerai and Officer Pilot are good officers. That, Mr. Hearing Officer, is not why we are here. We are here today for one simple matter. We are here because Officer Pilot and Officer Zerai have not reported to work since December 2015.”

 

Brookline Residents Slam Proposed Police Rules On Immigration

A group of residents on Tuesday blasted a proposed policy that would block Brookline police from detaining immigrants at the request of US Immigration and Customs Enforcement, but still allow officers to share information with the federal agency.

The criticism comes as Brookline selectmen — who declared the town a sanctuary for immigrants last month — consider new rules to replace a 2012 police regulation that allowed officers to hold immigrants for federal deportation officials.

Instead, a citizens group is calling on the town to take greater action against aggressive immigration enforcement by the Trump administration.

Anne Weaver, who organized a petition that she said collected more than 800 signatures supporting Brookline being “a sanctuary city in policy, as well as name,” called on town officials to sue the administration and take further steps to separate local police from ICE.