Elisha Otis's first elevator is installed at 488 Broadway New York City.

Elisha Graves Otis was an American industrialist and founder of the Otis Elevator Company. In 1853, he invented a safety device that prevents elevators from falling if the hoisting cable fails. On March 23, 1857, he installed the first safety elevator for passenger service in the store of E.V. Haughwout & Co. in New York City.

An elevator or lift is a machine that vertically transports people or freight between levels. They are typically powered by electric motors that drive traction cables and counterweight systems such as a hoist, although some pump hydraulic fluid to raise a cylindrical piston like a jack.

Broadway is a street and major thoroughfare in the U.S. state of New York. The street runs from Battery Place at Bowling Green in the south of Manhattan for 13 mi (20.9 km) through the borough, over the Broadway Bridge, and 2 mi (3.2 km) through the Bronx, exiting north from New York City to run an additional 18 mi (29.0 km) through the Westchester County municipalities of Yonkers, Hastings-on-Hudson, Dobbs Ferry, Irvington, Tarrytown, and Sleepy Hollow, after which the road continues, but is no longer called "Broadway". The latter portion of Broadway north of the George Washington Bridge/I-95 underpass comprises a portion of U.S. Route 9.