NEW YORK, Feb. 5, 2015 /PRNewswire/ -- KONE, a global
leader in the elevator and escalator industry, has been awarded a
contract to modernize 28 elevators and install four new escalators
and two new elevators at 11 Madison Avenue, a 30-story office
building.
The office property is a historic landmark located in Midtown
Manhattan, overlooking Madison Square
Park. The contract was awarded by the Sapir Organization and
CIM Group, and KONE will work with Structure Tone, a leading
general contractor in New York.
Cushman and Wakefield manages the property and KONE will work
together with Cushman's management team.
"KONE is a terrific partner in our efforts to modernize the 11
Madison Avenue property," said Mike
DeJohn, Executive Vice President of Development and
Operations for the Sapir Organization. "With their focus on
innovative elevators and improving the efficiency of how people
move throughout the property, we're confident this project will
create a positive experience for our corporate customers for years
to come."
KONE solutions will include KONE TravelMaster™ 110 escalators
and the KONE ReVolution™ a complete elevator modernization
solution. The modernization process will replace the elevators'
original gearless machines, which are almost 100 years old, with
the award-winning, energy-efficient KONE EcoDisc® hoisting machine
technology. The elevator upgrades will also include KONE's
regenerative drive systems and KONE ReSolve™ control solutions.
Energy efficiency was an important factor in the award.
KONE Polaris™ destination control system (DCS) will also be
installed at a critical elevator bank in the building to improve
people flow. This innovative technology uses artificial
intelligence to learn and forecast a building's traffic flows,
significantly improving elevator convenience and efficiency.
"KONE is proud to help modernize elevator and escalator
equipment in historic landmark buildings across New York City," said Larry Wash, Executive Vice President of KONE
Americas. "We are excited to offer some of our most innovative
products that will efficiently deliver people to their desired
locations with the use of great quality KONE products and
cutting-edge technology."
About KONE
KONE is one of the global leaders in the elevator and escalator
industry. KONE's objective is to offer the best People Flow®
experience by developing and delivering solutions that enable
people to move smoothly, safely, comfortably and without waiting in
buildings in an increasingly urbanizing environment. KONE provides
industry-leading elevators, escalators, automatic building doors
and integrated solutions to enhance the People Flow in and between
buildings. KONE's services cover the entire lifetime of a building,
from the design phase to maintenance, repairs and modernization
solutions. In 2014, KONE had annual net sales of EUR 7,3 billion, and at the end of the year over
47,000 employees. KONE class B shares are listed on the NASDAQ OMX
Helsinki Ltd. in Finland.
For more, visit www.kone.us
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SOURCE KONE