Completion of Green Initiative at Chestnut Hill Realty’s Hancock Village Coincides with Brookline Climate Week

FOR IMMEDIATE RELEASE:
JANUARY 29, 2013

Contact:
Terry Egan
The Mishra Group
(781) 466-9900, ext. 206
terry@mishragroup.com

NOTE: To download a high-resolution photo of Chestnut Hill Realty’s Hancock Village apartment community in Brookline, Mass., please follow this Web link (photo credit – Edua Wilde Photography): http://monsoonagency.com/HI_RES_PHOTOS/05.22.02H04-CHR-D122.jpg

Completion of Green Initiative at Chestnut Hill Realty’s Hancock Village Coincides with Brookline Climate Week

CHR replaces 89 boilers at 789-unit apartment community, makes other environmentally friendly improvements

BOSTON (January 29, 2013) – As the town of Brookline celebrates Climate Week from Jan. 26-Feb. 3, Chestnut Hill Realty (CHR), a full-service real estate company specializing in multifamily housing, is celebrating its own contributions to environmentally friendly policy with the conclusion of a five-year plan to improve energy efficiency at Brookline’s Hancock Village apartments.

The five-year plan concludes at the end of January with the completion of a project to replace 89 aging boilers at Hancock Village with new, high-efficiency condensing boilers. Other projects completed at Hancock Village as part of the five-year plan include the installation of additional attic insulation, adding programmable thermostats in every apartment and air sealing/weather stripping of doors and windows.

The improvement projects are part of CHR’s ongoing, companywide Live Green initiative, which launched six years ago and has resulted in a significant reduction in the company’s carbon footprint. With the help of a $435,000 Energy Efficiency Incentive Program grant from international electricity and gas company National Grid, CHR spent $2.2 million to remove the old boilers at Hancock Village and install the new ones, which reduced consumption by 20 percent and saved 130,000 cubic feet of natural gas per year while producing hot water more efficiently. The fuel saved is the equivalent of the energy required to heat 141 townhomes at Hancock Village annually.

"In addition to our responsibility to deliver energy safely and reliably to our customers, we are committed to delivering innovative efficiency programs that empower our customers to maximize energy savings while protecting the environment," said Terry Sobolewski, Vice President, Sales & Program Operations, National Grid. "The work at Hancock Village promotes both National Grid’s and Chestnut Hill Realty’s vision for safeguarding the global environment for future generations."

With 789 townhome-style apartments, Hancock Village is CHR’s single largest property.

In addition to the work at Hancock Village, CHR’s Live Green initiative in 2012 included the conversion of two other Brookline apartment communities – Hampton Court and Harvard Terrace – to natural gas, which burns more cleanly than oil.

Brookline’s Climate Week is organized by Climate Action Brookline, a volunteer organization, in partnership with numerous individuals and groups, including the Selectman’s Climate Action Committee, the Brookline Community Foundation and the Brookline Public Library. This year Climate Week will feature more than 50 events and displays throughout the town promoting local action to create a greener world.

“The recent initiatives at Hancock Village will improve the comfort of our residents while keeping approximately 760 tons of carbon dioxide from entering the atmosphere annually,” said Bobby Zuker, Chief Operating Officer at CHR. “We’re very proud that our efforts are in keeping with progressive energy policies advocated by Brookline’s Climate Week and are proving to be beneficial to our residents, our company and the environment.”

About Chestnut Hill Realty:
Chestnut Hill Realty is one of New England’s leading residential real estate companies, specializing in multifamily housing. Established in 1969, CHR owns and manages more than 4,500 units in 27 apartment home communities in Greater Boston and Rhode Island. To learn more about CHR and its properties, please visit www.chestnuthillrealty.com