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 >>>


New York Wheel-thumb

via Curbed.com – Construction on what will become the world’s tallest Ferris wheel is moving along in Staten Island, and Untapped Cities got a chance to visit the construction site this week. Foundation work at the site got underway in June, but earlier this month it was revealed that the New York Wheel’s opening had been pushed to April 2018, from the previously scheduled opening in 2017.

Once complete, the $580 million Wheel will stand 630 feet tall, surpassing the current tallest wheel, the Singapore Flyer. While on their tour, Untapped Cities also got some new details on the New York Wheel project.

The designers at S9 Architecture described a “stiletto heel” foundation that will anchor the wheel deep into the bedrock. Additionally, a 950-car parking garage will be located across from the base of the attraction. That garage will come fitted with a six-acre green roof, a restaurant, a concert venue, and a playground.


Staten Island’s Mixed-Use Project Makes Big Strides

Amy Plitt at Curbed.com shares this latest development:


Rendering of the office/retail space at Lighthouse Point on Staten Island via Triangle Equities

The redevelopment of Staten Island’s St. George neighborhood is chugging right along, and earlier this week, one of the huge projects set for the waterfront—Lighthouse Point—got its proper groundbreaking (though construction began late last year).

Developer Triangle Equities also announced some updates to the site, including the anchor tenant for its 65,000-square-foot retail and office component. That space will go to Regus, a co-working space that already has several offices throughout Manhattan, Brooklyn, and Queens. The stakeholders in Lighthouse Point (which include the NYCEDC and Goldman Sachs’s Urban Investment Group) are positioning this as a boon to the neighborhood, that could “attract out-of-town users who may need short term meeting or office space, therefore positively affecting the interest and patronage of surrounding hotels, retailers, and restaurants” (per a press release). We’ll see about that.

 That office space will join the incoming 12-story, 116-unit apartment building that’s also part of the Lighthouse Point development. When the whole thing is done, it’ll be one of several mini-megaprojects that developers are hoping will transform Staten Island’s North Shore, including the New York Wheel and Empire Stores.

SI Arts Scene to Draw on Ferris Wheel Visitors

Snug Harbor's Gabri Christa and Lynn Kelly are bringing more original programming to the center. Photo: Buck Ennis

Snug Harbor’s Gabri Christa and Lynn Kelly are bringing more original programming to the center.
Photo: Buck Ennis

Museums spruce up and expand to lure visitors from outlet center and the New York Wheel.

The fruits of Staten Island’s cultural renaissance are hard to miss these days. Visitors to the borough get their first glimpse upon landing in the ferry terminal, where a gallery that opened last summer features handmade jewelry and other crafts by local artisans in shows that change every seven weeks.

The 2,500-square-foot space is run by the nonprofit Staten Island Arts. Islanders hope it will help pique visitors’ interest in the borough and possibly persuade them to sample some of its growing number of attractions.

Last summer, the National Lighthouse Museum debuted with a few exhibits in a building a stone’s throw from the ferry terminal. A formal opening is slated for August. A month later, the Staten Island Museum will open a building with 10,000 square feet of exhibition space, more than double what it has now. Meanwhile, the Snug Harbor Cultural Center and Botanical Garden hired an artistic director last December—its first in more than 15 years—to bring more original programming to the 83-acre campus as part of a campaign to draw more visitors.

“There is so much to do on Staten Island,” said Lynn Kelly, president and chief executive of Snug Harbor, which is just a short bus ride from the ferry terminal. “We are really starting to get more traction.”

Read Full Story at Crain’s NY Business

The Revitalization of Staten Island

New York City’s “forgotten borough” is no longer that. Staten Island is fast on the rise, with an astonishing number of new developments, from sleek tech companies to cultural centers to waterfront amusement parks

via Mike Dunphy/ NewYork.Com

5-fantasy-shores_650When Dutch explorers arrived in New York harbor and spotted land, the old joke goes that they asked “s dat en island?” thereby bestowing the name on Staten Island. Probably even less funny is the question from many visitors today: “s dat New Jersey?” Indeed, New York City’s “forgotten borough” accepts short shrift daily, especially in tourism, with few visitors embarking on anything more than a round-trip ride on the famous free ferry. But, things are changing on Staten Island — in a big way. New tech companies are moving in, taking advantage of one of the best broadband infrastructures in the nation — and inspiring headlines like this one: “Can Staten Island become… Silicon Island?” Also, retailers are setting up shop on the island, snapping up the least expensive commercial space in all five boroughs. Plus, the island is also starting to draw tourists seeking an alternative to the usual selfies in Times Square, the Empire State Building and the Statue of Liberty. But there’s no need to wait for rotations on the world’s tallest Ferris wheel before launching your own expedition here. Staten Island is rapidly evolving month by month, as you’ll see from our timeline below. Visit now, for the chance to see an island in flux.

Check out the FULL ARTICLE 


Out-of-towners flocking to Staten Island for its urban environment

More on the SI real estate scene. Tracey Porpora reports for The Staten Island Advance.

William Yost and his wife, Aerin, on the balcony of their condo in The Pointe in St. George. (Staten Island Advance/Bill Lyons)

Many former Staten Islanders are being drawn “back home” by the North Shore waterfront’s urban environment.

  “I have a growing family, with new twin boys and a daughter, so (Manhattan) is getting too small. My wife and I looked at different areas, and prices in Manhattan are out of control,” said Patrick McCarthy, 34, a West Brighton native who is relocating from Manhattan’s upper Upper West Side to The Accolade, a condo complex in St. George’s Bay Street Landing.

“My wife and I looked at Brooklyn, where the prices were good a few years ago, but now the prices there are just as high as Manhattan,” added McCarthy, who noted his wife is a native of California.

The mortgage loan officer said St. George is appealing to him because he wants a short commute to his job in Midtown, allowing him to spend less time traveling to work and more time with his family. 

“I can live in The Accolade and take a two-minute walk to the ferry, hop on and get to work in less than an hour,” said McCarthy.