The New York Wheel has been delayed repeatedly since it was first announced in 2012. Initially, developers planned to finish the North Shore attraction in 2015, but that has since been pushed back to at least 2018. The estimated cost of the project has also grown from $230 million to $590 million. — AM New York
As announced on Monday, The New York Wheel in Staten Island is spinning toward completion once again. The developer, New York Wheel Owner LLC, said it planned to work with American Bridge Company, which built a similar observation wheel in Las Vegas.
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