Latest News – Elevator & Escalator Component Manufacturers' Assoc. of India

N.Y.C. Skyscraper’s Elevator Woes Hit Residents Hard

admin — Fri, 06 Jan 2023 22:13:42 +0000

A luxury residential building at 20 Exchange Place in Manhattan, bang in the heart of the financial district of downtown New York has become a nightmare for its residents. More than 750 apartments in the high rise building are facing terrible difficulties because of lengthy elevator outages, over months now. The City Bank-Farmers Trust Company Building was constructed in 1931 and was one of the tallest buildings in New York City. The 59 story building boasts of some iconic memories- and was the original home for National City Bank — which would later become Citibank. Today it stands tall with more than 750 luxury apartments. But since November ’21, it has been plagued by frequent and inconvenient elevator outages, as a result of which, residents who have mobility issues, are unable to leave their homes. They report that elevator services are sometimes non-existent for floors above the fifteenth- for hours on stretch. It’s extremely frustrating for residents, some of who pay USD 5000 a month for a one bedroom flat! Now even normal life has been disrupted. The owners of the building, DTH Capital have been reported to say that Con Edison, whose electrical equipment has been installed in the building, is causing the issue. Con Edison says, it has not found any issues after repeated testing. “To date, we have not been presented with any plausible theory as to why the elevator problems, which have developed since work to install a new elevator system began, are related to Con Edison equipment or service,” the electric company said in a statement. Con Edison added that it had hired a nonprofit called the Electric Power Research Institute to assist in its investigation. However, the owners of the building say that ‘ the elevator’s operating boards are routinely burned out and must be replaced often’, so they have hired elevator mechanics to be on-site 24 hours a day to expedite repairs. The buildings property management company is also being changed, and Rose Associates, a new property management company, is taking over management of the building after complaints from residents about the previous management group, First Service Residential’s inability to handle the elevator issue.

Source: News

Intelligent Elevators could be the answer to Safety issues

admin — Fri, 06 Jan 2023 22:12:16 +0000

The number of accidents in elevators is increasing every passing year. The reasons could be varied- technical, process issues or operational challenges. An answer op these regular risks could be intelligent elevators. The focus in an intelligent machine, would be the ability to predict accidents, by early detection of threatening situations and risks, by data collated by video, audio and sensors installed inside the machines. Machine Learning and AI methods will help collate this data and make algorithms from the recurrent neural networks. Once the unsafe conditions are identified, risks are detected in time, there are much higher probabilities of being able to prevent it. These technologies will assure safety using new methods and algorithms for maintaining safer elevators. The architecture thus developed will offer a software system that will be able to implement its components on the cloud and fog computing environments can be provided. The tools that are hence available, make it possible to increase the speed of identification of a risky situation by three and a half times, and increase accuracy of its specifications’ detection by almost 25%.

Source: News

International award for ‘Excellence in Business Transformation’ for Aitken Spence Elevators

admin — Fri, 06 Jan 2023 22:10:14 +0000

The Aitken Spence Elevators recently won the international award for ‘Excellence in Business Transformation’ at the Business Transformation Leadership Awards presented by World Leadership Congress and powered by CMO Asia.
The category award recognizes organizations that demonstrate excellence in Business Process Management (BPM) and workflow. They also take in account the technology implementations that add value to processes that go beyond business planning and strategies- to provide additional support to customers, partners and suppliers.
Business Leadership Transformation Awards are designed to reflect the most critical Business Transformation Challenges that industries face today. It recognizes and honors individual leaders and their organizations, who have been torch bearers of using technology to bring greater heights to their business- to have crafted great visions, strategized and executed on the plans, reaching the objectives successfully. Innovation has to be an integral part of this roadmap, that successfully helps their businesses reach the strategic business goals for their organizations.

Source: News

High Court Directs Delhi govt to file report on foot over bridges, escalators accessibility for specially-abled

admin — Fri, 06 Jan 2023 22:07:51 +0000

The Delhi government and PWD has been directed to file a status report relating to foot over bridges and other public utilities in Delhi, for assuring that persons with disabilities and senior citizens have accessibility to these pathways. A bench consisting of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla has issued notice to the Centre, Delhi government, Public Works Department (PWD) and Office of the Chief Commissioner for Persons with Disabilities, regarding the matter. These agencies have been asked to respond to the petition, and the further hearing will be held on September 6.
This direction has been issues after petitioner Pankaj Mehta had submitted to the court that the state of public vertical transportation amenities such as elevators and escalators that have been installed for disabled people and senior citizens of the country, are far from convenient for their use. They, he claimed, are almost non-functional in the national capital territory, despite it being the showcase of the country, a metropolitan city and a developed geography. He has stated that the government agencies have to ensure compliance with the provisions under the Rights of Persons with Disabilities Act, 2016 protecting the fundamental right to equality, right of freedom to move freely and right to life with dignity under the Constitution.

Source: News

Sharp rise in RR rates could push Maharashtra property prices by 15%

admin — Fri, 06 Jan 2023 22:05:18 +0000

Last week the Maharashtra state government announced a sharp hike in ready reckoner (RR) rates for projects in the state. The RR rates have been increased by 8.8%, with effect from April 1 in some municipality areas. Mumbai city areas have seen a much lesser revision, though. This could lead to a sharp increase by INR 400-600 in construction costs- along with rising commodities cost which has seen a nearly near 40% jump over the last year. For developers, this will be an additional cost after the increased prices of key commodities like steel and cement. They will certainly pass on some of it to buyers. Also, there may be a stamp duty, the rates of which will be decided on individual basis, and since the FSI premiums are linked to RR rates, the increase in RR rates will result in an increase in premiums as well. Reports and sources say that there is also expected the proposed metro CESS of 1%. If it is levied, that would increase the prices of homes even more.

Source: News