This prospective sky ride was originally called The Ferris Wheel. Over the years, its name was changed to Pepsi Globe, Dreamview Observation Wheel and -finally- the Dream Wheel. As planned, it was to stand 541 feet high. After a brouhaha with the nearby Teterboro Airport, the height of the structure was reduced to 235 feet. The attraction opened in September 2021. 

Drawing from http://visitmeadowlands.com