Developer of the failed New York Wheel sues its contractor … again
When it comes to the Staten Island Ferris wheel, the only things going around and around these days are...
New York Wheel
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Going in circles: Dueling New York Wheel lawsuits emerge
The New York Wheel, the Staten Island waterfront project that would have been the largest observation wheel in the...
The New York Wheel is back! Maybe. And it would be smaller.
Efforts are underway to try reviving the long-suffering New York Wheel. The project’s developers announced in October that they...
City still has no plans for the languishing New York Wheel site
Six months after the New York Wheel was nixed, the city still has no plan for the vacant site....
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EB-5’s WeChat wars
Not long after developers pulled the plug on the $900 million New York Wheel – the biggest EB5-backed project ever to go belly-up – a group on the popular Chinese messaging app WeChat lit...
The New York Wheel is getting sold for parts at auction
Discarded parts from the failed New York Wheel project will get put up for auction next month in Delaware....
Here’s what the death of the New York Wheel could mean for Staten Island
real estate
The New York Wheel, a more than $900 million project that was plagued with infighting and cost overruns, was meant to bring a world...
real estate
The New York Wheel’s demise marks one of the largest EB-5 failures ever
The New York Wheel is officially dead, putting an end to an ambitious project that was marred by years...
Lloyd Goldman, Jeffrey Feil threaten to pull the plug on the New York Wheel
Investors Lloyd Goldman and Jeffrey Feil are ready to abandon their plans for Staten Island’s beleaguered New York Wheel....
The New York Wheel gets another lifeline
The embattled New York Wheel now has until early 2019 to get the project on track. The Wheel’s developer and former contractor hashed out a new deal which would give the development team an...