Mayor Bill de Blasio and a rendering of the New York Wheel
Six months after the New York Wheel was nixed, the city still has no plan for the vacant site.
The NY Wheel has still not terminated its lease agreement with the city, the Staten Island Advance reported. It has accrued financial fees, including $2.3 million in deferred rent payments plus interest.
Source: https://therealdeal.com/2019/05/02/city-still-has-no-plans-for-the-languishing-new-york-wheel-site/
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