he Staten Island Advance says the project is now "indefinitely delayed" after its developer fired the design-build team working on the 60-story New York Wheel.

There's been a snag in the building of the giant Ferris wheel on Staten Island's waterfront.

The Staten Island Advance says the project is now "indefinitely delayed" after its developer fired the design-build team working on the 60-story New York Wheel.

The paper says construction has been at a standstill since May when the designers, Mammoet-Starneth, stopped working as tensions mounted over delays and financing woes.

The developer, New York Wheel LLC, says the contractors failed to meet multiple design and construction deadlines. They say more money may be needed as they seek a new contractor.

A lawyer for the Mammoet-Starneth denied the allegations and says the developer "has been in default of its obligation."

The Ferris wheel had been scheduled to open next spring, but now that's uncertain.

Source: U.S. News & World Report https://www.usnews.com/news/best-states/new-york/articles/2017-07-13/construction-of-ferris-wheel-on-staten-island-hits-snag

Today's top stories

Florida's Sarasota Bradenton International Airport Sees $105M Terminal Expansion

Louisville Pump Station Receives $230M Update

Rokbak Haul Track Telematics Boost Uptime With Proactive Maintenance

SISO Air, InTerra Form Strategic Reseller Agreement

Hitachi Construction Machinery Wins Silver in 2024 Anthem Award

Balfour Beatty's Carolinas Operations Selected for Over $36M in Special Project Works

Caterpillar to Spotlight 'Next 100 Years' at CES 2025

Liebherr to Exhibit at World of Concrete 2025