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AJA New York Wheel Video Clip


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EYE ON STATEN ISLAND: The North Shore of NYC's forgotten borough slated to become a Brooklyn-style boom town


An island that boomed with exiles who followed the Dodgers out of the borough is now poised for a new renaissance as investors and developers pour $1 billion into the North Shore in hopes of striking Brooklyn-style gold.

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Changes in the works at New York Wheel site: 8 things to know


The New York Wheel mega-project on the St. George waterfront -- which received a green light from the City Planning Commission and the City Council in 2013 -- is back again in the public-review process because the developers have proposed changes modifying what was previously approved.

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Changes to New York Wheel Design Win Community Backing


Changes to the New York Wheel's design that would alter the parking structure and other aspects of the site won backing from Community Board 1 Tuesday.

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Chinese invest in world's tallest Ferris wheel


The gigantic Ferris wheel now under construction on Staten Island, with a price tag of $500 million, has received $170 million in funding from Chinese investors through the federal EB-5 immigrant investor program, which grants green cards to foreign investors in exchange for job-creating investments in the United States.

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Chinese investors fund New York observation wheel


People may have heard of the High Roller in Las Vegas; the Singapore Flyer in Singapore; and the Star of Nanchang in China; and, of course, the London Eye. But now, New York is raising the bar, quite literally, by building its own observation wheel and the half-a-billion-US-dollar project is being partly-funded by Chinese investors seeking green cards.

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Chinese fund the world's largest Ferris wheel in NYC


The Ferris wheel has come a long way since the first one was constructed for Chicago World's Fair in 1893.The High Roller, the Singapore Flyer, the London Eye have competed for tourist thrills in recent year. Now, New York is joining the global competition for the world's biggest observation wheel, with some help from Chinese investors seeking green cards.

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Visa-seeking Chinese fund giant NY Ferris wheel


The wheel, under construction on Staten Island, will stand 630 feet high when it's completed in two years, according to Travis Noyes, chief marketing officer at New York Wheel, the firm developing it. Its 36 pods will hold about 40 people each, offering panoramic views of the New York skyline during a slow rotation.

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TIMELINE: Ferris Wheel Sparks Huge Staten Island Resurgence


Developers have tried - and failed - to kick-start Staten Island's North Shore for years, but a Ferris wheel might finally turn the tide.

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Public Review Process Begins for Modified 625-Foot Staten Island Wheel Project


Nearly two years after the City Council approved construction of a 625-foot-tall New York Wheel along the St. George Waterfront in Staten Island, the public review process has officially commenced for modifications to the plans, a spokeswoman for the New York City Department of City Planning confirmed to Commercial Observer.

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New York Wheel raises nearly $150M through EB-5 program


The New York Wheel is close to raising all the money it needs to construct the world's largest Ferris wheel on Staten Island. Of the $500 million the company needs to build it, $150 million will be funded through the EB-5 program.

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Giant Wheel, Still Unbuilt, Is Seen As Staten Island's Savior


People might as well start calling the 630-foot-tall observation wheel that will open on the north shore of Staten Island in 2017 the Staten Island Savior, because that's how it's being billed.

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Betting on the New York Ferris Wheel to Elevate Staten Island's Fortunes


It does not cost anything to take the boat there. A quaint waterfront minor league baseball stadium offers sweeping views of Lower Manhattan and cheap tickets. A fort dating to the War of 1812 is one of the country's oldest military installations. There had been talk of a Nascar track.

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