“I would expect to earn that back very quickly.”īrookline will keep the PCSB name in New York, as it does with its BankRI unit in Providence, and all 14 of PCSB’s branches. “It’s not a reason not to seize an opportunity like this,” said Perrault, referring to the added costs of being a $10 billion-plus bank. (In Brookline’s case, it would be the Federal Reserve Bank of Boston that does the scrutinizing.) Other local banks that have cleared the $10 billion threshold include Eastern Bank, Berkshire Bank, and Rockland Trust. The deal will vault Boston-based Brookline beyond the $10 billion mark, a threshold that triggers a reduction in the card interchange fees a bank can get along with additional regulatory scrutiny. The chief executive of Brookline Bank just engineered a $313 million deal to acquire PCSB Bank in Westchester County, N.Y. Welcome to the Ten Billion Dollar Club, Paul Perrault.
Corindus was able to make the move after Newton’s city council voted to allow the Grove Street office complex to include labs - the kind of conversion that’s becoming more popular as office space sits unfilled and labs face high demand.īrookline Bank bulks up with New York acquisition
Markowitz explained to Fuller and Auchincloss that the company is at a pivot point, in which its technology that helps doctors insert stents is no longer a novelty and is now achieving widespread commercial acceptance, after recently marking its 100th hospital installation.įuller and Auchincloss offered plenty of praise, but also peppered Markowitz and marketing director Kate Drake with questions. At 77,000 square feet, the two-level facility in an Alexandria Real Estate Equities-owned complex is more than twice as big as the Waltham spot, with enough room for the firm’s 150 local employees and then some (possibly up to 300). The move is still under way, but the two politicians got a good glimpse of the operations, including an R&D lab and manufacturing area. That’s why Corindus boss Wayne Markowitz was giving Fuller and Auchincloss a tour of the new space at 275 Grove St., next door to the Riverside T station. The company, acquired by Siemens Healthineers in 2019 for $1.1 billion, is moving from Waltham to a bigger space in Newton. The precision tool they tried was quite real, though: a joystick-controlled vascular robot made by Corindus. Fortunately, this was just a computer simulation. Jeudy, 23, was arrested May 12 at the couple’s suburban Denver home after his girlfriend reported he had locked some of her belongings and items for the baby in his car, preventing her from returning to Virginia.Newton Mayor Ruthanne Fuller and US Representative Jake Auchincloss got to be interventional cardiologists last week- for a brief moment. “Glad everything has been resolved and (it's) just time to move forward.” “We've been right there by his side throughout this whole thing,” coach Nathaniel Hackett said. That allowed Jeudy to attend the Broncos’ OTA practice Tuesday afternoon. – At the request of prosecutors, a suburban Denver judge on Tuesday dismissed charges against Broncos wide receiver Jerry Jeudy stemming from a dispute with his girlfriend that landed him in jail.Īrapahoe County District Court Judge Chantel Contiguglia closed the case after the county district attorney's office filed a motion to dismiss the charges, said Eric Ross, a spokesman for the 18th Judicial District Attorney's Office.Ĭontiguglia also vacated a court hearing to enter a plea that had been scheduled for Tuesday afternoon, Ross said.