New York to be home to world's largest Ferris Wheel

The New York City Economic Development Corporation is in talks with a company to build a “giant observation wheel” that would be bigger than the London Eye and current “world’s tallest” titleholder, the Singapore Flyer, reports local website SILive.com. At more than 600 feet, the wheel would be on a parcel of land near the island’s ferry terminal.

It would be part of plans for 14 acres of city-owned waterfront property, including high-end outlet stores, the site said.

The London Eye, a popular attraction in England’s most populous city, sits at 443 feet, while the Singapore Flyer towers at 541 feet.