News: Owners Developers & Managers

Petrovick promoted to director at Elaine Construction

Carloine Petrovick

Newton, MA Caroline Petrovick has been promoted to director, academic sector at Elaine Construction Co. Petrovick joined Elaine Construction in 2017 bringing with her experience as both a practicing architect and a project manager in her role overseeing capital design and construction projects at Harvard University. 

As the sector lead, Petrovick will oversee all academic work for Elaine Construction ensuring the firm’s campus construction policies and procedures are practiced, financial mandates are maintained, craftsmanship is delivered and that project teams are coached and mentored to ensure the longevity of these important relationships.

“Caroline brings foresight, a sense of urgency, an eye for detail and a mind for managing money.  She is an asset to our team and a valued partner to our clients,” said Lisa Wexler, president of Elaine Construction.

Petrovick has been a public speaker on the topics of Net Zero Building Energy, and the Living Building Challenge, advocating for smart and sustainable building practices. Petrovick holds a BA from Yale University, and an MArch from the University of Mass.-Amherst. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant