Staten Island To See World's Largest Ferris Wheel; But What About Transit?

Staten Island will soon become home to the world's largest Ferris Wheel, when a 625 foot tall wheel will be installed adjacent to the Richmond County Ballpark (home to the Staten Island Yankees) in St. George. Accompanying the amusement ride will be new retail development, plus a hotel. The location is ideally located for tourism and visitors will be treated to stunning views of New York Bay,

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Federal Judge Rules Airlines Must Stand Trial On 9/11 Negligence

American Airlines and United Airlines have been trying to get a negligence case thrown out against them over their actions on 9/11 that led to the destruction of the World Trade Center in New York City. World Trade Center Properties, which is Larry Silverstein's company, had sought to hold the airlines liable for the destruction of the WTC and claimed damages of $8.4 billion.

Judge Alvin

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American Dream Developers Propose Significant Mass Transit Improvements

American Dream is the new name for the former Xanadu project in the Meadowlands across from the new MetLife Stadium where the World Champion New York Giants share the field with the New York Jets. American Dream is now run by the same developers, Triple Five Worldwide, who operate the massive Mall of America and were brought in to rescue the bankrupt developers who pushed the hideous Xanadu

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Rezoning: A Lasting Legacy of Mayor Bloomberg

While there's plenty to complain about when it comes to New York City Mayor Mike Bloomberg (the inane and likely unconstitutional soda ban being one), one area that he's excelled at is the ability to get vast swaths of underutilized areas of the city rezoned for commercial and residential development.

That includes major developments like Hudson Yards, Atlantic Yards, DUMBO, and now a portion

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NYC Cuts New Deal To Redevelop Willets Point With Mets Owners

New York City has cut a new deal to redevelop Willets Point with the Mets ownership group. Willets Point has long been eyed for redevelopment. It's a neighborhood that is largely off the grid - it lacks sewer hookups and is a warren of junkyards and repair shops in the shadow of the gleaming new CitiField. Since construction got underway to build the stadium a few years back, Mayor Bloomberg had

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(Bovis) Lend Lease Admits Fraud, Avoids Criminal Charges

Lend Lease (formerly known as Bovis Lend Lease) admitted to bilking major clients out of tens of millions of dollars by overcharging on projects around the New York City metro area. It will be fined $56 million, but only one person will go to jail despite the widespread practice.

You might have heard of a few of the projects on which Lend Lease worked (or is working): Citifield, the World Trade

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Yankee Stadium Parking Deal A Disaster For New York City

In their efforts to build a new stadium, the New York Yankees convinced the Bloomberg Administration that more parking was needed for the stadium. So, the Bloomberg Administration lined up financing for building parking garages and lots around the new stadium.

Well, it turns out that fans have avoided the parking like the plague and it's such a disaster that the parking lot bonding may default

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