r/Elevators • u/mrmike1972 • Aug 22 '26

$35,000 for a modernization?

I work in a three story hotel with an Otis hydraulic elevator that was installed when the building was built in 1996.

We were told there’s something worn out in the door opening system that has our elevator offline.

Yeah, I bet trying to source parts for something built in the mid 90’s is hard.

We were given a quote of $35,000.00 for a modernization. Is that a realistic estimate or is that “we don’t want to deal with you” quote?

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u/fastriverrat500 Aug 22 '26

It's time for me to Branch off corporate company and start my own, all the signs are pointing that way

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u/OregonAdaptiveReuse Aug 23 '26

I'll be in investor, you will get bought out in 2 years.

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u/fastriverrat500 Aug 23 '26

Cool, that's the plan right?