News
Record Sale Marks Turnaround for Striking Manhattan Towers
The sale of Penthouse 36 at One High Line, the pair of 402- and 302-ft-tall twisting towers designed by Bjark Ingels Group (BIG) at 500 West 18th Street in Chelsea,...
KONE Wins Order for New World’s Tallest Residential Building
KONE Corp. has won an order to provide a suite of People Flow® solutions for the world’s tallest residential structure, called Burj Binghatti Jacob & Co. Residences. KONE’s order comprises next-generation...
Schindler CEO Role to Transition From Napoli to Compagna
The Board of Directors (BoD) of Schindler Holding Co. announced on December 12 it has appointed current Chief Operating Officer (COO) Paolo Compagna as CEO, effective April 1, 2025. He...
Canada Post Workers Return as Negotiations Continue
Thanks to Canada’s federal government, Canada Post operations resumed on December 17 after a month-long strike by the Canadian Union of Postal Workers as negotiations continue between Canada Post and...
Modern Elevator Provides Two New Elevators at Queensboro Plaza Station
The Metropolitan Transportation Authority (MTA) tells ELEVATOR WORLD Modern Elevator provided two new Americans with Disabilities (ADA)-compliant elevators unveiled to the public on December 12 at the Queensboro Plaza subway...
VT Among 23 High-Profile Industries Egypt Aims to Localize
Vertical-transportation (VT) is among 23 high-priority industries that Egypt aims to localize, part of a broader strategy to enhance industrial development and minimize reliance on imports, Egypt Today reports. Elevators and escalators...
Schindler MetaCore: Possible Solution to Office Vacancies
The U.S. office vacancy rate hit a record high of 20.1% in the second quarter of 2024, according to ratings service Moody’s. To combat this, big cities have created incentives...
TEI Group Repositions Elevators for Major NYC Conversion
TEI Group tells ELEVATOR WORLD it was contracted by Leeding Builders Group to reposition seven traction elevators — including four extension elevators — at 222 Broadway in Manhattan's Financial District....
Archi-Tread Relocating From N.J. to Florida
After operating in Boonton, New Jersey, for approximately 10 years, Archi-Tread,® Inc., is relocating its corporate office to business-friendly Florida. The shop will close during the weeks of Christmas and New...
Halifax Hospital to Get Elevator Replacement, Upgrades
Officials at Nova Scotia Health have started the multimillion-dollar process to replace outdated and out-of-order elevators at the beleaguered Victoria General Hospital in Halifax, Nova Scotia, Canada, CBC Lite reports. The hospital’s...
