How the Elevator Flipped the Value of a Building Upside Down

HigherIQ · Sep 17, 2026 · 5m

00:00 — Introduction 00:34 — The Man Who Cut His Own Rope 01:52 — Ground Floor: Eight Dollars. Top Floor: Three Dollars. 03:15 — The Word "Penthouse" 04:38 — Wrap Up Sources: - Elisha Graves Otis - ASME: https://www.asme.org/topics-resources/content/elisha-graves-otis - Who Made America? Elisha Otis - PBS: https://www.pbs.org/wgbh/theymadeamerica/whomade/otis_hi.html - A short history of the elevator - CNN: https://www.cnn.com/style/article/short-history-of-the-elevator - How elevators transformed NYC's social landscape - New York Post…