Name: Ferris wheel on Staten Island
Uploaded: 2017-11-08T22:18:00+00:00
Duration: 2 min 2 s
Description: In 2012, then-Mayor Michael Bloomberg first announced plans to erect a 630-foot Ferris wheel on Staten Island. At that initial news conference, the New York Wheel CEO estimated the development's cost at $230 million. That total has since ballooned to nearly $600 million.

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Ferris wheel on Staten Island

In 2012, then-Mayor Michael Bloomberg first announced plans to erect a 630-foot Ferris wheel on Staten Island. At that initial news conference, the New York Wheel CEO estimated the development's cost at $230 million. That total has since ballooned to nearly $600 million.

Posted November 8, 2017 9:56pm EST