Giving Homes a Lift; Increasing Numbers of People Adding Elevators to Their Residences

Summary

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Time was when elevators were the domain of high-rises, hotels and hospitals. Increasingly, they are finding a place in homes.

Demographics and market forces have combined to give the once- industrial fixture a greater presence in American households. Many baby boomers are thinking about how well their legs will hold out as they approach retirement. Also, with land becoming increasingly dear, houses are being built up, rather than out.

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Extract

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Giving Homes a Lift; Increasing Numbers of People Adding Elevators to Their Residences

ThyssenKrupp Access, one of the world's largest manufacturers of residential elevators, said that it sold more units in the United States during the first half of this year than it did in all of 2004. Last year had been a record, said Jim Quinly, general manager of the residential elevator division, based in Gr...

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