Elevators may be the most complicated and expensive asset in your building. Fix your contract, know the basics and minimize legal risks before your community finds itself out of order. The passenger elevators in a 90-year-old, 62-unit, 16-story condominium complex in Chicago were so small and vintage that residents often used the freight elevators. Unfortunately, the freight elevators had never been renovated, and down times became so frequent the buildings’ doormen were regularly called to help residents who got stuck when elevators malfunctioned. The doormen left their posts, walked up several flights of stairs and got the elevators working again. Read the article…………
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