When an elevator begins to show signs of aging; frequent breakdowns, slow response times, difficultly getting parts, and ability for elevator service provider to service and new safety codes—many building owners, property managers, and building engineers start to look at an elevator modernization. It is common for people to think they need a “new” elevator […]
The commercial real estate landscape has shifted dramatically. With office buildings and retailer spaces facing lower occupancy rates, building owners are grappling with a harsh reality—paying for elevator maintenance contracts negotiated when their properties were full. Elevator service providers continue to charge the same rates, despite significantly lower traffic. These contracts, designed for high usage, […]
A well-negotiated elevator maintenance service contract can save you substantial time, money, and headaches. Unfortunately, many building owners and managers fall victim to hidden fees, unclear terms, and inflexible contracts that drive up costs unnecessarily. There are strategies to negotiate better contracts and avoid hidden fees to ensure you get the best value from your […]
Elevators are integral to all commercial buildings, hospitals, hotels, retail spaces, and residential complexes. Yet, many property owners, engineers and managers unknowingly make costly mistakes that inflate elevator expenses. Understanding these pitfalls is essential to maintaining budget control and ensuring safe, efficient vertical transportation. The five most common mistakes that lead to inflated elevator costs […]
Imagine this: You’re managing a property with an elevator system installed a little over ten years ago. It runs smoothly, but you receive a notice from your elevator service provider stating that the system is obsolete and no longer supported. Then a few months later the elevator service company informs you that a crucial part […]
The cost of an elevator varies widely depending on multiple factors, including the building type, operational needs, usage, life cycle requirements, number of floors, budget, location, new installation, modernization, and required features. Whether you’re installing a new elevator or modernizing an elevator in an office building, residential high-rise, hospital, hotel, or mixed-use development, each application […]
When it comes to elevators, building owners and property managers often ask: “Which elevator company is the best?” The answer depends on various factors, including your building’s specific needs, the type of equipment installed, and the services required. Whether you’re seeking routine maintenance, modernization, or new installations, understanding the strengths and limitations of major and […]
Elevator consultants specialize in analyzing repair proposals and determining their necessity and coverage. Their unbiased, expert assessments provide clarity, ensuring you’re not paying for repairs you don’t need or may be covered in your elevator maintenance service contract. An elevator consultant evaluates the condition of your equipment, assess compliance including performance, and offer recommendations based […]
Electrical surges can cause significant damage to elevator systems, leading to costly repairs, downtime, and confusion about who’s responsible and how did it happen. Was it truly an electrical surge, or just equipment failure? Who bears the liability, property management, the elevator service provider, or someone else? How do you prove the cause? And most […]
Managing elevators is a critical responsibility for property managers, building owners, and engineers. Yet, many find themselves trapped in auto-renewal clauses or evergreen clauses within elevator maintenance service contracts which are clauses that silently lock them into long-term agreements riddled with escalating costs, reduced flexibility, and stagnant service quality. There are game-changing solutions that can […]
The Elevator Consultants is a leading elevator consulting firm helping building owners, property managers, building engineers, facility managers, and REIT’s oversee and optimize their elevator and vertical transportation assets for greater efficiency and increase bottom line. Our service offerings including elevator consulting services like elevator audits, elevator due diligence and even elevator cost reduction and elevator management services. We provide elevator service monitoring software to escalator and elevator insurance claims, not to mention other consulting services, elevator modernizations and new elevator maintenance service contracts. If you are looking for an elevator advisor, elevator expert, or elevator consulting firm, reach out today for a no obligation consultation. For those using British English call us a ‘lift consultant’.
