CHR Greening 3,700-Unit Portfolio in Two States

CHESTNUT HILL, MA-Intent on reducing the carbon footprint of its New England portfolio, Chestnut Hill Realty is launching an environmentally friendly campaign for more than 20 multifamily properties in Massachusetts and Rhode Island. Being unveiled as part of Earth Day 2008, CHR officials say they ultimately hope to cut the amount of BTU’s used in their properties at least 11% by 2010 through its “Live Green” program.

“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,” says Robert Zuker, COO of the family-owned company. He stresses CHR has been dedicated to energy efficiency throughout its nearly 35 years in business. “Our new ‘Live Green’ initiative really takes this commitment to a new level,” Zuker says.

To mark the start of the program, CHR is providing every apartment tenant a pair of 100% recyclable and reusable shopping bags to help reduce the estimated 24 million disposable bags used in the US annually. Residents also will be offered green-themed events and contests this year to promote conservation and recycling.