Real Estate

KONE to Provide Elevators for High-Rise Mumbai Complex

KONE announced on January 28 it received an order to provide 21 passenger elevators for Aga Hall Estate in Mumbai, India, which consists of 45- and 56-story towers containing 349...

VT Industry Players to Be On Hand at MIPIM 2025 in France

Several major vertical-transportation (VT) industry players plan to be on hand for MIPIM (Le marché international des professionnels de l'immobilier, French for "The International Market for Property Professionals") on March 11-14 at...

Second ISEE Sees Success, Upcoming Events Announced

The International Sourcing Exposition for Elevators and Escalators (ISEE) 2024, concluded on December 7 on a high note at the Bombay Exhibition Centre in Mumbai, India, the Press Trust of India reports....

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,...

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....

NAREDCO Maharashtra and 1 Finance Unveil Comprehensive Study

1 Finance, a financial services institution focused on the personal finance space in India, collaborated with National Real Estate Development Council (NAREDCO) Maharashtra NextGen as the Research Partner for Excelerate 3.0....

BXP Postpones Construction of 27-Story Boston Office Building

Due to unfavorable financial conditions, Boston Properties (BXP) has postponed the construction of a 27-story, 660,000 ft2 office building at 171 Dartmouth Street. in Boston's Back Bay. During the company’s third-quarter...

Cabrera Joins Clarkson + Varick as South Florida Business Development Manager

Clarkson + Varick, a NYC-based vertical-transportation consultancy serving clients in New York, New Jersey, Florida and California, has hired Damaris Cabrera as business development manager for South Florida. Cabrera has...

MET Sponsors PropertyGuru Thailand Property Awards

Mitsubishi Elevator (Thailand) (MET) is a Platinum Sponsor of the PropertyGuru Thailand Property Awards, planned on September 20 in Bangkok, for the third consecutive year. The 19th iteration of the...