Friday, 7 September 2018

City won’t use public funds to save the wounded New York Wheel

Another day, another setback for the beleaguered New York Wheel. The developers of the proposed observation wheel on Staten Island were seeking $140 million in assistance from the city to help get the project on track, but Mayor Bill de Blasio’s administration and the New York City Economic Development Corporation have decided not to use public money for it, according to the outlet New York 1. “Despite many recent conversations with the Wheel developer, we […]



source https://therealdeal.com/2018/09/07/city-wont-use-public-funds-to-save-the-wounded-new-york-wheel/

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