Friday, July 21, 2017

New York Wheel delays could spell disaster for project’s EB-5 investors

(Source: The Real Deal) Staten Island’s embattled New York Wheel recently hit another major setback when the developer fired its design and construction team, delaying the project indefinitely. It’s a huge blow not just for the city’s Ferris wheel enthusiasts but also for the project’s EB-5 investors, who experts say could face deportation if the wheel doesn’t quickly get back in gear. Read the story at https://therealdeal.com/

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