IN THE NEWS

New general manager of NY Wheel helped created Universal Studios


The new general manager for the 60-story observation wheel being built on the St George waterfront wants to make the New York Wheel into an attraction similar in caliber to that of Universal Studios in Hollywood.

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First pieces of New York Wheel are installed on Staten Island


Yesterday, we witnessed the installation of the first pieces of the New York Wheel.

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New York Wheel starts to take shape as base installed


The base that will hold the legs of the massive New York Wheel was put in place on Staten Island's waterfront Tuesday.

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Exclusive: First parts of New York Wheel


The four pedestals for the New York Wheel left Canada last week and were transported along the Hudson River to their final home on Staten Island.

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First piece of the New York Wheel will soon rise in Staten Island


Construction has been underway on what will eventually become the world's tallest Ferris wheel on Staten Island.

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New York Wheel's Italian-made legs are on their way to Brooklyn


A shipment of legs to support the New York Wheel is set to arrive in Brooklyn today as a part of a celebratory event.

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Why the "New York Wheel" will be one of the world's landmark attractions


Building has begun on the New York Wheel, Staten Island's gigantic Ferris wheel located in St. George on the New York Harbor.

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Rolling Out a Huge Wheel on the Staten Island Shore


When Rich Marin's brand new 300 foot long legs arrive from Italy this weekend, he is hoping his friends will stop teasing him.

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NY Wheel changes approved by City Planning Commission


Changes to the New York Wheel were unanimously approved by the City Planning Commission on Wednesday.

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City Planning Commission expected to OK Wheel changes


Proposed changes to the New York Wheel will clear another hurdle in the land use process on Wednesday. The City Planning Commission is expected to approve modifications to plans for the North Shore mega project during a 10 a.m. meeting in downtown Manhattan.

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Staten Island Deals as New York Wheel Rises


In an ambitious attempt to draw more tourists to the borough, Staten Island officials are building the New York Wheel, a 630-foot tall Ferris wheel that will carry as many as 1,440 people per ride. It’s one of a new generation of Ferris wheels that are designed to be destinations unto themselves, rather than part of another attraction.

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New York Wheel redesign unlikely to change much during public review


The New York Wheel's proposed redesign is unlikely to significantly change during public review.

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Crowdfunding Will Help Build the New York Wheel


As investors and advisors await final equity crowdfunding rules from the SEC, which are expected by year end, capital raising options opened up by two other JOBS Act-related offerings are gaining steam.

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Drilling 100 feet into bedrock for N.Y. Wheel foundation


Drive, bicycle or walk along waterfront Bank Street for a glimpse of the construction activity at the N.Y.Wheel site, where installation of caissons is now in progress to anchor into bedrock the foundation of the 625-foot-tall structure.

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Staten Island Ferris Wheel Seeks $30M Through Crowdfunding


According to the New York Times, the owners of the New York Wheel, the enormous Ferris wheel that's coming to the Staten Island waterfront, are looking to raise about $30 million through crowd-funding via a brokerage firm—a feat that the Times called "a Wall Street version of crowdfunding."

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New York Wheel hinges on approval of proposed changes


The future of the New York Wheel hinges on the approval of changes to plans for the Staten Island mega project.

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New York Wheel Developers Try to Crowdfund $30M


The New York Wheel's developers will crowdfund a portion of the nearly $500 million needed to put the tourist attraction on Staten Island's waterfront.

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Wheely Good Idea: $30M NYC Ferris Wheel Crowdfunding Campaign Led by North Capital Private Securities


Wheely cool! Wheely good time! If memory serves correctly, I do not recall a Ferris Wheel in the city excepting during the summer/early fall in Central Park and, naturally, on Coney Island. This absence will change when the $500M New York Wheel project led by North Capital Private Securities rolls into Staten Island next year.

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Wanted: Rich People To Crowdfund The Hopes And Dreams Of Staten Island


For years—or at least since the Staten Island Hotel closed—New York’s forgotten borough’s most popular (only?) tourist attraction has been the boat the takes you away from Staten Island. And for free, at that.

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Crowdfunding a $500 Million Ferris Wheel, With a Wall Street Spin


Investing in stocks is at times compared to a thrill ride - a rocket ship taking off, or a roller coaster rushing down. The comparison may be more apt than usual for a new investment - a 630-foot Ferris wheel under construction on Staten Island - that soon will be marketed via a Wall Street version of crowdfunding.

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This Could Be the Largest Crowdfunding Project of All Time


Some people think the New York skyline is missing something London has—a gigantic Ferris wheel—and they’re doing something about it. Dubbed the “New York Wheel,” the project is already underway in Staten Island and will be 630-feet tall, 187 feet taller than London’s.

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Rich Developer Will Crowdfund Part Of Staten Island's Massive Ferris Wheel


Rich Marin, the extremely wealthy developer and CEO of the New York Wheel—Staten Island's forthcoming 60-story observation wheel that, he hopes, will draw millions of tourists every year to the Forgotten Borough for 38-minute spins in temperature-controlled capsules—is now turning to crowdfunding to drum up some portion of the $30 million still needed to make his $500 million dream a reality.

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Addition of lower windows restores view along N.Y. Wheel construction fence


Not-tall-enough adults and children have their views back on a stretch of Richmond Terrace, with 11 lower windows recently added to the long, dark-green construction fence surrounding the New York Wheel site.

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Crowdfunding a $500 Million Ferris Wheel, With a Wall Street Spin


Project leaders of the New York Wheel, which has already raised around $450 million in equity and debt, plan to seek another $30 million through North Capital Private Securities, a Utah broker-dealer that intends to sell some of the new shares via its 99Funding online crowdfunding platform and other crowdfunding sites.

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New York Wheel to Spearhead Staten Island Tourism


Project leaders of the New York Wheel, which has already raised around $450 million in equity and debt, plan to seek another $30 million through North Capital Private Securities, a Utah broker-dealer that intends to sell some of the new shares via its 99Funding online crowdfunding platform and other crowdfunding sites.

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