Page 3 - New England Condominium September 2021

NEWENGLANDCONDO.COM NEW ENGLAND CONDOMINIUM -SEPTEMBER 2021 3 New Green Tech for the Multifamily Sector........1 In the beginning … there was light. And all this time later, we are finally harnessing light’s energy to power our cities, our buildings, and our everyday devices—mostly because all of the energy sources we’ve used until now emit incalculable amounts of carbon and other dangerous particles into the atmosphere, causing what is now widely understood to be a global climate catastrophe. Climate Change & Residential Communities......1 The reality of climate change is upon us. Weather patterns have changed, and seasons have been altered. We experience more intense heat, more frequent, destructive storms, wide-ranging wildfires, and more destructive cold. Tornadoes—the spawn of conflicting hot and cold air masses—touch down in places they were once almost unheard of. Receiverships & Conservatorships 101 ........1 Between the tragedy of the Surfside condominium collapse in Florida and the subsequent placement of the association in receivership, as well as the flurry of recent press around popstar Britney Spears’s yearslong struggle against her own financial and legal conser- vatorship situation, many may be confused—or just curious—about what exactly those terms mean, and how both an entity like a condo association and a private individual can be in the same legal ballpark. Green Options to Maximize Your Roof................6 On August 9, 2021, the United Nations Intergovernmental Panel on Climate Change (IPCC) released a scathing report detailing the indisputable impacts that human activity have made on the planet—many of them reaching the point of irreversibility within the next generation or two. Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Senior Editor Darcey Gerstein Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Alan J. Sidransky Staff Writer Alyce Hill Director of Sales Copyright 2021 by New England Condominium Magazine LLC, dba Community Association Publishing.All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written permission. New England Condominium is published monthly in New York, New York by New England Condominium Magazine LLC, dba Community Association Publishing, 205 Lexington Ave., 5th Floor, New York, NY 10016. 508-753-4630. ISSN 1550-946X. Periodical postage paid at New York, New York and additional mailing offices. Subscriptions are available free by request to condominium and homeowner associations. POSTMASTER: Please send address changes to New England Condominium Magazine, 205 Lexington Avenue, 5th Floor, New York, NY 10016. FREE Subscriptions for Board Members, Trustees, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: newenglandcondo.com/subscribe TABLE OF CONTENTS O FFICE OCATIONS N L I B OSTON A ND N ORTH A NDOVER Pulse...... 4 Q&A...... 5 Marketplace...... 14