10-Elevator Modernization by TEI for Manhattan’s Largest Office-to-Residential Conversion

(l-r) the Empire State Building and the former Pfizer HQ in Manhattan; photo © John W. Cahill for the Council on Tall Buildings and Urban Habitat

TEI Group tells ELEVATOR WORLD it will modernize 10 elevators — including installation of three new units — at 235 East 42nd Street, the 33-story former Pfizer headquarters that is Manhattan, NY’s largest office-to-residential conversion. Working with Collaborative Construction, TEI said the property will be combined with 219 East 42nd Street. Outlets including Multi-Housing News reported that David Werner Real Estate Investments and Metro Loft Management obtained US$135-million in financing from Northwind Group for the conversion in January. The market-rate project is set to include approximately 910 residential units, along with retail and amenity areas. The project is part of the office-to-residential conversion trend that’s heating up as demand for apartments in the city grows.

Get more of Elevator World. Sign up for our free e-newsletter.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

SDSU PARKING ELEVATORS OPERATING WITH EXPIRED PERMITS

SDSU Parking Elevators Operating With Expired Permits

Grone

NEII Congratulates Grone on Retirement

SCHINDLER REFLECTS ON 2025 CHALLENGES, REWARDS

Schindler Reflects on 2025 Challenges, Rewards

Techno International Airport; image courtesy of Otis

Otis Provides 118 Units for New Cambodia Airport

Kennedy

In Memoriam: John Lee Kennedy

The renovation features new escalators and more; image courtesy of Robins & Morton.

Huntsville Airport Renovation Includes Vertical Transportation

ALIMAK’S 3Q RESULTS SHOW “RESILIENCE IN A CHALLENGING MARKET”

Alimak’s 3Q Results Show “Resilience in a Challenging Market”

ROBUST SERVICE AND MODERNIZATION BUOY KONE IN 3Q

Robust Service and Modernization Buoy KONE in 3Q