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Taiwan’s Golden Friends E&E Firm Upbeat For Coming Year

Taiwan’s Golden Friends E&E Firm Upbeat For Coming Year

By Elevator World | January 18, 2022

Taipei, Taiwan-based elevator and escalator (E&E) supplier Golden Friends Corp. has released a positive view about business for the first quarter of 2022, supported by new demand and maintenance and replacement needs amid a property boom and a vibrant economy, Taipei Times reported in January. Golden Friends gave the upbeat assessment after posting a 21.27% increase in…

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Permits Filed For 21-Story Mixed-Use Tower In Brooklyn

Permits Filed For 21-Story Mixed-Use Tower In Brooklyn

By Elevator World | January 18, 2022

The Jay Group has filed permits for a 21-story tower containing nearly 300 residences and 4,545 ft2 of commercial space at 101 Fleet Place between Myrtle Avenue and Willoughby Street in Downtown Brooklyn, NYC, New York YIMBY reports. Served by the Dekalb Street subway station, the site is currently home to a low-rise brick building. The Jay Group…

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Otis Fourth Quarter 2021 Earnings Report Session Planned

Otis Fourth Quarter 2021 Earnings Report Session Planned

By Elevator World | January 18, 2022

Otis will hold an online session on January 31 to discuss the company’s fourth-quarter 2021 earnings, the company announced. The 8:30 a.m. EST session will be led by Otis President and CEO Judy Marks and Executive Vice President and CFO Rahul Ghai, who will discuss the company’s full-year and fourth quarter results, as well as its outlook for 2022. All…

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Imperial Electric Strengthens North America Elevator Team

Imperial Electric Strengthens North America Elevator Team

By Elevator World | January 18, 2022

Imperial Electric announced on January 14 it has added Nick Hodges to its North America Elevator Group team. A resident of Navarre, Ohio, where he lives with his wife and five children, Hodges is part of the Canton, Ohio, sales and marketing team and will be calling on customers throughout North America (outside of New…

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Developer Lands Loan To Build Tower Project In Brooklyn

Developer Lands Loan To Build Tower Project In Brooklyn

By Elevator World | January 17, 2022

A developer planning to build a high-rise residential building and update an existing tower in NYC’s Brooklyn borough has closed on a US$72-million loan to get the project going, New York YIMBY reports. The Rabsky Group, landing the money from SCALE Lending, will launch the target at 240 Willoughby Street, in Brooklyn’s Fort Greene neighborhood. The money will also…

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The Crosby, a 31-Story Tower, Planned For Miami Site

The Crosby, a 31-Story Tower, Planned For Miami Site

By Elevator World | January 17, 2022

The Crosby, a project planned by a pair of development companies, will result in a 31-story residential tower in Miami, Florida YIMBY reports. Related Group, described as one of South Florida’s most active condo developers, and Merrimac Ventures, led by the Motwani Brothers, have teamed up for the development planned within a 27-acre Miami Worldcenter site at 601 North Miami…

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London Residential Tower Recommended For Approval

London Residential Tower Recommended For Approval

By Elevator World | January 17, 2022

Morris+Company’s plans for a 52-story residential skyscraper in London’s Canary Wharf, featuring castellated façade panels, have been recommended for approval, the Council on Tall Buildings and Urban Habitat reports. The 174-m tower, which goes before Tower Hamlets Council’s planning committee soon, is set to contain 424 homes, with 30% affordable by habitable room, as well as ground-floor…

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NYC Twin-Tower, 22-Story Residential Project Tops Out

NYC Twin-Tower, 22-Story Residential Project Tops Out

By Elevator World | January 17, 2022

The construction company for 241 West 28th Street in NYC’s Chelsea neighborhood has topped out the 22-story two-tower project and has begun work on the residential building’s exterior, New York YIMBY reports. The project, developed by MAG Partners, Atalaya, Safanad, and Qualitas, stands 235 ft tall and will offer 400,000 ft2 of space for 480 residential units, 30%…

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Luxury Apartments Planned At Torch Tower In Tokyo

Luxury Apartments Planned At Torch Tower In Tokyo

By Elevator World | January 14, 2022

High-quality luxury rental apartments are set for Torch Tower, a supertall building planned for Tokyo, Japan Property Central reports. The 390-m-tall skyscraper, on the north side of Tokyo Station, will offer approximately 50 residential units with monthly rent starting at about JPY1 million (US$8,650) and topping out around JPY5 million (US$43,200). The largest apartment will be in…

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Turkey Capital Has New Pedestrian Overpasses With VT

Turkey Capital Has New Pedestrian Overpasses With VT

By Elevator World | January 14, 2022

Officials with the Ankara, Turkey, Metropolitan Municipality are prioritizing safety for pedestrians by building pedestrian overpasses with escalators and elevators, especially in areas with heavy vehicle traffic, RaillyNews reports. The Department of Urban Aesthetics has completed construction of nine new, modern overpasses with vertical transportation (VT), and the officials continue to build overpasses for pedestrian safety. It…

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