Investors Lloyd Goldman and Jeffrey Feil are ready to abandon their plans for Staten Island’s beleaguered New York Wheel. The partners have said they are close to giving up on the project because the city will not support a tax-exempt bond issue for it, according to the Wall Street Journal. They have spent months trying to persuade officials to back a $380 million bond sale that would support the project, and unless the city changes […]
source https://therealdeal.com/2018/09/21/lloyd-goldman-jeffrey-feil-ready-to-pull-the-plug-on-the-new-york-wheel/
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