Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 days ago on .

User Stats

13
Posts
14
Votes
Jinglei Shen
  • Investor
  • New jersey
14
Votes |
13
Posts

Ask for advise for elevator maintenance Project based in New Jersey

Jinglei Shen
  • Investor
  • New jersey
Posted

Hi All,

We are working with elevator company to replace one elevator in 5 floor residential building.  total 50 units shared one elevator. The whole project was quoted at 130k, with the major part to replace electric and wiring, install a AC in machine room. we just got to know from inspector the elevator failed the fire inspection because fire alarm control panel fail to comply with the current code. The elevator was 20ish years old, the elevator company said the part was too old and can not be sourced, they quoted us 10k to find a new component. Any one with experience dealing with fire alarm control panel replacement, any insight is appreciated.

I have done some research basic model is around $500 to $2000, advanced is $2000 to $5000, more sophisticated system is 5000- 10k the
sophisticated system is meant for buildings with multiple elevator, our building only has one elevator, the quote seems on a high end.  I also challenge the elevator company why this fire alarm replacement is not in the project scope, they overlook this issue and thought that it is going to be easily fixed in $500.  I am thinking to get a second opinion for this component as well as the remaining projects. Any one has recommendation is highly appreciated