EARTH DAY TO MARK THE LAUNCH OF CHESTNUT HILL REALTY’S GREEN INITIATIVE AIMEDAT SIGNIFICANTLY REDUCING ITS CARBON FOOTPRINT
Innovative program is the first in the local community to address to existing properties and business practices
Chestnut Hill, MA – Apr. 11, 2008 – In an effort to further reduce its carbon footprint and make a substantial impact on how Chestnut Hill Realty (CHR) affects the environment, the company announced today the launch of a comprehensive green
initiative targeting its existing properties. CHR, one of New England’s leading full-service real estate companies focused on multifamily residential properties, will roll out the program to its over 20 residential properties located throughout both Massachusetts
and Rhode Island on Earth Day 2008, slated for Tuesday, April 22nd.
“Since the company’s inception over 35 years ago, CHR has been committed to energy efficiency and environmental concerns,” said Bobby Zuker, Chief Operating Officer of CHR. “Our new ‘Live Green’ initiative really takes this commitment to a new level.”
“CHR has spent the past year researching the best practices of companies who have successfully implemented environmentally friendly programs, in and out of the real estate business. We found that while many look to institute green-building standards
in new properties in order to make these buildings more energy efficient and environmentally friendly, not a lot of attention and resources were being spent on existing properties,” continued Zuker. “We feel there is a great opportunity here to
retrofit our existing properties with more energy efficient materials and earth-friendly practices.”
The ‘Live Green’ program is a multi-faceted effort targeting all CHR properties, as well as its employees. Key elements include improvements in the following areas: energy conservation, water consumption, electricity and lighting, recycling, landscaping,
pesticides and maintenance.
Energy Conservation: Initiatives include replacing older inefficient boilers and hot water heaters with high efficiency models; tightening building structures with weather stripping, insulation and new windows; installing pre-programmed thermostats;
performing preventative maintenance programs to maintain optimum efficiency.
Water Consumption: CHR will continue to reduce water consumption by installing water-saving toilets, faucets and showers -- a practice that has been in place for over 20 years.
Electricity and Lighting: Efforts will be made to reduce the amount of electricity used by replacing incandescent light bulbs with fluorescents that can use about 75% less energy and last up to 10 times longer, as well as install motion sensors and nighttime sensors where appropriate. In addition, high efficiency fixtures that require lower wattage, along with high efficiency motors and fans for pump houses and boiler rooms will be incorporated. Flat screen monitors will also be used in offices to reduce energy usage.
Recycling: Recycling all paper, plastics and glass will be encouraged for all CHR residents and employees. For property renovations and construction, all construction materials and debris will be recycled.
Landscaping, Pesticides and Maintenance: CHR continues to reduce the amount of lawn care pesticides used on the grounds of all its properties. Other environmentally friendly practices include organic lawn care, leaf mulching to incorporate organics back into the soil and hand pruning, a technique that has proven healthier for the plant and requires no gas or electricity.
CHR employees will be provided with educational materials on the benefits of being green, discounts on the purchase of green products including discounts on Energy Star appliances and up to a $1000 reward for purchasing a high efficiency vehicle. Rewards will also be given for walking or biking to work, carpooling and using public transportation. Also of note, the CHR courier’s company car has been a Toyota Prius since 2004.
“CHR is very proud to be the first real estate company in the New England region to take on this caliber of a program dedicated to green living. Our goal is to reduce the amount of BTU’s used by CHR properties by 11.1% by 2010. CHR feels strongly that every company has a responsibility to do its part to be a good corporate citizen,” said Zuker. “
As part of the Earth Day launch, every CHR resident will receive two ‘Live Green’ 100% recycled reusable shopping bags. It is estimated that 24 billion plastic and paper bags are used each year in the US alone. Residents will also be treated to various green-themed events and contests throughout the year to promote conservation, recycling and education. Earth Day began in 1970 and is now widely celebrated around the world with the goal of educating and mobilizing people to create a healthier, more sustainable environment.
About Chestnut Hill Realty
Chestnut Hill Realty, founded in 1969, owns and manages more than 3,700 residential rental units in the Greater Boston area and Rhode Island. Other service offerings include corporate housing, home sales, property management, commercial leasing
and development. Corporate offices are located at 300 Independence Drive, Chestnut Hill, MA 02467. For more information about Chestnut Hill Realty, visit www.chestnuthillrealty.com.
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