Staten Island Observation Wheel
There may be interest in bringing the New York Wheel back
A sad ending for the troubled development project.
Investors in the project had recently indicated that they won’t be able to move forward without city support
The New York Wheel may not become a reality unless the city steps in to help
Developers were hoping to get $140 million from the city to revive the project.
That’s a lot of visitors
A representative for the project informed Curbed that the developers are currently in "advanced negotiations" to lock in a new contractor for the project.
A disagreement between developer and contractor has taken a turn for the worse.
With nearly $2 billion of real estate investment flowing into the area, a community bands together to make sure it’s done right.
Bit by bit, the enormous observation wheel is coming together on Staten Island’s North Shore.
Construction has been underway on what will eventually become the world’s tallest Ferris wheel on Staten Island, but the New York Wheel will take a major step forward (get it?!) today, as its legs arrive in Brooklyn.
Construction work on what will become one of the world’s tallest Ferris wheels is moving along in Staten Island, even though its opening date has been pushed back to 2018 rather than 2017.
New Yorkers will have to wait just a little bit longer to take in the sight of the city by Ferris wheel, because the grand opening of Staten Island’s 630-foot-high tourist attraction has once again been delayed.
The New York Wheel is still a ways off from dominating the Staten Island shoreline, but construction on the massive observation wheel hit an important milestone over the weekend.