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Photo courtesy of NYCEDC

 

Despite recent set-backs that have plagued the proposed tourist attraction, the NY Wheel project is moving forward. As reported in the New York Business Journal, NY Wheel CEO Richard Marin says the first batch of concrete will be poured for the foundation this June.

However, differences between wheel executives may affect the announced ‘pour’ date.

Photo courtesy of NYCEDC

 

New York Business Journal: New York Wheel CFO Eric Kaufman, along with partner Meir Laufer, hired Kasowitz Benson Torres & Friedman LLP for legal counsel, citing Marin’s mismanagement of the project and “improper conduct throughout the development process.” Marin, together with New York businessman Andrew Ratner, has filed his own lawsuit against Kaufman and Laufer, claiming the two investors had not paid an additional $17 million that was required of them as board members.

A New York Supreme Court hearing is scheduled for sometime in June. Read more from the New York Business Journal here…

posted by Mai Armstrong for the Working Harbor Committee

Pier 1 on Staten Island. NYC Department of City Planning photo.

 

Party Boats, dinner cruises, fishing and tour boats will be adding Pier 1 on Staten Island to their pickup point locations, which may begin as early as this summer.

 

St. George from Staten Island Ferry. Photo by InSapphoWeTrust (CC 2.0)

 

DNAinfo: DockNYC —  run by BillyBey Marina Services and the Metropolitan Waterfront Alliance which were selected by the New York City Economic Development Corporation to operate several waterfront spots around the city — added Pier 1 to its locations earlier this month.

Staten Island’s Pier 1 in St. George, formerly known as the Lighthouse Pier. Photo courtesy of the NYC EDC

 

Pier 1, formerly known as Lighthouse Pier, was historically used for producing and shipping lighthouse lenses worldwide. It was restored by the EDC in 2009, according to the agency. Read more from DNAinfo  here…

posted by Mai Armstrong for the Working Harbor Committee

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