Wheel Update

071317wheelThe fate of Staten Island’s New York Wheel—once scheduled to rise this year as the world’s tallest Ferris wheel—is now in jeopardy, after an ongoing legal battle ended this week with the developer firing the project’s design-build team.

According to court documents filed on Wednesday and obtained by the Staten Island Advance, the developer behind the 630-feet-high, $590 million observation hub/wheel has accused design-build team Mammoet-Starneth LLC of failing “to meet multiple design and construction deadlines.” Those delays have cost the developer of NY Wheel $16 million in damages and an additional $20 million in lost profits, the civil complaint alleges.

The project is now “indefinitely delayed,” according to the the Advance.

“Due to the inability of Mammoet-Starneth LLC (‘Mammoet’), the design-build team for the Wheel, to meet multiple design and construction deadlines, the developer has come to the conclusion that the best path forward for this project is to seek other means to take on the remaining aspects of that ‘turnkey’ arrangement,” Cristyne Nicholas, NY Wheel spokeswoman, said in a statement.

Continue reading on Gothamist.com >>>

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