the latest updates:
NY Wheel to continue to pay $495K for storage of wheel parts
Updated Apr 7; Posted Apr 7
The fate of the New York Wheel is still unclear as its former contractor Mammoet-Starneth continues to hash out an array of issues as part of a bankruptcy case.
The NY Wheel and Mammoet-Starneth failed to come to an agreement during a two-day mediation session in February.
However, it seems as if both sides have made some headway at the negotiating table, according to recently filed court documents.
more:
http://www.silive.com/news/2018/04/post_2094.html