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		<title>Mayor Bloomberg Might Be Giving Staten Island a Lift&#8230; on a Giant Ferris Wheel</title>

		<comments>http://observer.com/2012/06/248422/#comments</comments>
		<pubDate>Tue, 26 Jun 2012 13:23:26 -0400</pubDate>
					<link>http://observer.com/2012/06/248422/</link>
			<dc:creator>Sarah Grothjan</dc:creator>
				
		<guid isPermaLink="false">http://observer.com/?p=248422</guid>
		<description><![CDATA[<p><div id="attachment_248487" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/06/248422/ob-tn407_nywhee_g_20120626132835/" rel="attachment wp-att-248487"><img class="size-medium wp-image-248487" title="OB-TN407_NYWHEE_G_20120626132835" src="http://nyoobserver.files.wordpress.com/2012/06/ob-tn407_nywhee_g_20120626132835.jpg?w=300" alt="" width="300" height="200" /></a><p class="wp-caption-text">Previous plans for a Governor's Island ferris wheel. (WSJ)</p></div></p>
<p>Who doesn’t want a giant ferris wheel in the middle of Staten Island?</p>
<p>We’re assuming this is the exact inquiry Mayor Michael Bloomberg demanded of his administration after talking with an investment group interested in erecting this enormous asset.<!--more--></p>
<p>Apparently, the giant ferris wheel, if approved, <a href="http://online.wsj.com/article/SB10001424052702304870304577489153434946074.html">would stand 600-feet-tall, making it the tallest “observation wheel” in the world</a>, <em>The Journal</em> reports.</p>
<p>We’re going to take a stab in the dark and say it’s probably no coincidence that it will be just large enough to mitigate London’s own revolving claim-to-fame, the London Eye–which stands 443-feet-tall.</p>
<p>Bravo, Mayor Bloomberg.</p>
<p>This move solidifies any suspicion of his slight fixation with London. After all, we’ve already attempted congestion pricing and bike sharing.</p>
<p>Now we’re waiting for the integration of a Big Ben-esque clock tower in the New York skyline, but with a bell toll loud enough to trump the city’s own noisy soundboard.</p>
<p>All jokes aside, the current investment group–Plaza Capital Group Management­–isn’t the first to bring this idea to New York. An unsuccessful attempt to implant <a href="http://blogs.wsj.com/metropolis/2012/06/26/the-governors-island-ferris-wheel-that-wasnt/">a large wheel on Governors Island was proposed more than two years ago</a>, The Journal reminds us in a follow-up post.<em></em></p>
<p>The proposed investment was around $100 million.</p>
<p>This idea seems to be a mainstay in the minds of investment groups with the end goal being to provide tourists, who ride the ferry from Lower Manhattan to Staten Island, with a reason to stay on the island. No more cheap booze cruises, in other words.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_248487" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/06/248422/ob-tn407_nywhee_g_20120626132835/" rel="attachment wp-att-248487"><img class="size-medium wp-image-248487" title="OB-TN407_NYWHEE_G_20120626132835" src="http://nyoobserver.files.wordpress.com/2012/06/ob-tn407_nywhee_g_20120626132835.jpg?w=300" alt="" width="300" height="200" /></a><p class="wp-caption-text">Previous plans for a Governor's Island ferris wheel. (WSJ)</p></div></p>
<p>Who doesn’t want a giant ferris wheel in the middle of Staten Island?</p>
<p>We’re assuming this is the exact inquiry Mayor Michael Bloomberg demanded of his administration after talking with an investment group interested in erecting this enormous asset.<!--more--></p>
<p>Apparently, the giant ferris wheel, if approved, <a href="http://online.wsj.com/article/SB10001424052702304870304577489153434946074.html">would stand 600-feet-tall, making it the tallest “observation wheel” in the world</a>, <em>The Journal</em> reports.</p>
<p>We’re going to take a stab in the dark and say it’s probably no coincidence that it will be just large enough to mitigate London’s own revolving claim-to-fame, the London Eye–which stands 443-feet-tall.</p>
<p>Bravo, Mayor Bloomberg.</p>
<p>This move solidifies any suspicion of his slight fixation with London. After all, we’ve already attempted congestion pricing and bike sharing.</p>
<p>Now we’re waiting for the integration of a Big Ben-esque clock tower in the New York skyline, but with a bell toll loud enough to trump the city’s own noisy soundboard.</p>
<p>All jokes aside, the current investment group–Plaza Capital Group Management­–isn’t the first to bring this idea to New York. An unsuccessful attempt to implant <a href="http://blogs.wsj.com/metropolis/2012/06/26/the-governors-island-ferris-wheel-that-wasnt/">a large wheel on Governors Island was proposed more than two years ago</a>, The Journal reminds us in a follow-up post.<em></em></p>
<p>The proposed investment was around $100 million.</p>
<p>This idea seems to be a mainstay in the minds of investment groups with the end goal being to provide tourists, who ride the ferry from Lower Manhattan to Staten Island, with a reason to stay on the island. No more cheap booze cruises, in other words.</p>
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