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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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Maryland’s Action Elevator Strengthens Its Mid-Atlantic Team

Maryland’s Action Elevator Strengthens Its Mid-Atlantic Team

By Elevator World | January 14, 2022

Action Elevator Co., a full-service elevator company headquartered in Millersville, Maryland, has strengthened its Mid-Atlantic team with the addition of Leslie Durakis as director of sales and marketing. With 10 years’ industry experience, Durakis is based at Action’s Washington, D.C., office, which came about through Action’s acquisition of Avery Elevator in December 2020. Durakis began…

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In Memoriam: Don Russell Fell

In Memoriam: Don Russell Fell

By Elevator World | January 14, 2022

Although his company’s products could be found globally and beyond — even in space in the form of FELLFAB® protective coverings for a Canadian-built robotic arm serving the International Space Station — company founder Don Fell “would always ask how our elevator pad sales were going,” FELLFAB’s Mark Maddalena told Canadian Elevator Contractor Association Executive…

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New Design Released For Edgewater Collective In Miami

New Design Released For Edgewater Collective In Miami

By Elevator World | January 13, 2022

Developer Kushner Cos. has revealed new renderings of a three-tower project called Edgewater Collective on Biscayne Boulevard in Miami, The Next Miami reports. According to the renderings project, Edgewater Collective will now include 1,299 apartments and 24,000 ft2 of space for retail. The first tower, at 2000 Biscayne Boulevard, will offer 393 apartments and is already under construction,…

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EMA Announces Merger With FlowCAD

EMA Announces Merger With FlowCAD

By Elevator World | January 13, 2022

Rochester, NY-based EMA Design Automation®, a full-service provider and innovator of Electronic Design Automation (EDA) systems solutions, announces it is expanding its global reach with the merger of EMA and Munich, Germany-based FlowCAD, a leading EDA solutions provider in Central Europe for more than 18 years. FlowCAD has served as the Cadence channel partner for…

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