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At New York’s Crystal Palace, Elisha Otis amazed the crowd when he ordered cut with an axe the only rope suspending the platform on which he was standing. The platform dropped a few inches, but then came to a stop. His new safety brake stopped the platform from crashing to the ground and revolutionized the industry.

He went on to create the Otis Elevator Company , currently a division of United Technologies Corporation and is also the largest elevator company in the world. Mr. Otis sold his first safe elevators in 1853.

The first passenger elevator was installed by Otis in New York in 1857. After Elisha Otis' death in 1861, his sons, Charles and Norton, built on his heritage, creating Otis Brothers & Co. in 1867.

His invention increased public confidence in elevators, which was instrumental in the rise of Skyscraper s.

The Otis family currently owns a home on the Fort Lauderdale Intercoastal waterway in Florida .