Two major elevator upgrades have been mandated by New York City. Elevators must have door-lock monitoring by January 1, 2020 and an extra emergency brake by January 1, 2027. Now is the time for co-op and condo boards to assess the condition of their elevator(s). If an elevator’s age and condition mean a full overhaul makes more sense than patchwork repairs, boards will face both headaches and opportunity. Here are a few things to keep in mind: Read the article…………………
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