5-10-19

2D — May 10 - 23, 2019 — Multifamily — M id A tlantic

Real Estate Journal

www.marejournal.com

Multifamily

id you know that when it comes to winning and losing, the fear By Lisa Cassidy, ecoImagine Closing the Loop: How to win at composting while avoiding painful fines at the same time D solution, while avoiding the pain of fines associated with improper food waste disposal. Residents Will Adapt

People are also more likely to become politically involved when their rights are threat- ened, than if there's a vote on a law that would give them more rights. Why? According to psy- chologists Amos Tversky and Daniel Kahneman, “Evolution has made pain a more urgent matter than pleasure, since avoiding pain is the thing that can keep you alive.” Knowing our propensity to take action to avoid pain, can be a good thing. This brings me to the purpose of this article. Composting is not typically something a business owner,

a manager or even a resident feels obligated to do just be- cause it is a good idea. Nor does it feel like winning when it is done well. Yet, composting is an opportunity to win and avoid pain all in one – and that is something worth considering. Recycle Through Composting To Avoid Fines As a business owner or man- ager, you might not be feeling the impact now, but due to the varying levels of landfill capacity in many states and aggressive zero waste goals, more and more cities and states are implementing mandatory

organic waste recycling laws around organic materials or banning food waste to landfills altogether. Why? In the United States alone, 63 million tons of food are thrown into landfills when they could have been composted and turned into us- able product. Fines associated with com- postable material in the trash are on the rise. Given that apartment buildings and con- dominiums generate a quarter of the landfilled waste from discarded food scraps alone, recycling food waste through composting provides a winning

of loss is far greater than t h e j o y o f winning? In study after study, “loss aversion” has proven to ef- fect decision- ma k i n g i n

Now I realize composting may not be inherently pleasing to people when they first start out, but neither is running, yet every year millions of new run- ners and joggers hit the streets, the treadmill and the track to make it happen. Just like run- ning, composting can feel like a mixture of good intentions and frustration rolled into one in the beginning. Then one day it just works, becomes part of the routine and, most importantly, it feels good to do it. Unlike running, composting requires minimal physical ef- fort. Composting simply asks residents to put leftover food waste such as coffee grounds, egg shells or apple cores in a separate compost container in the kitchen. From there, the compost is put out for pick-up (in private residences) or placed in a chute or designated com- post bin in apartment buildings or condominiums. That’s it. Closing the Loop Once the compost is picked up, it is taken to a facility where it is combined with bulking agents — wood chips, foliage or dirt. The organic materi- als are then broken down. The resulting material can be put back into your building’s landscape or it can be used to create healthy soil for farming or gardening in your local com- munity. Composting may not feel as rewarding as closing a deal or continued on page 6D

Lisa Cassidy

ways that you may not expect. For example, a person is less likely to sell something they own for $10, than they are to buy the same item for $10.

Multifamily

a section of the MARE Journal Phone: 781-740-2900 Fax: 781-740-2929 www.marej.com

info@ arrowcompactor.com Office: 973-523-1122 • Cell: 973-445-2511

Fax: 973-977-9490 629 E. 19th Street Paterson, NJ 07514 www.arrowcompactor.com

S ection P ublisher Steve Kelley skelley@marejournal.com S ection E ditor Karen Vachon kjoy@marejournal.com

Made with FlippingBook - professional solution for displaying marketing and sales documents online