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

Eagle Bridge Co. Works On Final Leg of U.S. 35 Upgrade

Fay Preps Way for Pittsburgh International Airport Modernization Project

Volvo CE Continues to Perform, Transform During Slower Q1 2024

American Bridge Co. Leads Conn.'s East Haddam Swing Bridge Project

Pettibone Celebrates 75th Anniversary of Cary-Lift

Common Ground Alliance Hosts Conference & Expo in Colorado On Preventing Utility Damages

Going Beyond Diversity: Star Equipment's Rental Advantage

Volvo CE Launches Updated L30, L35 Compact Wheel Loaders