More than $12 billion worth of construction projects are in various stages of development in New York City, in part because of Mayor Michael Bloomberg's push "to remake the city’s landscape for the 21st century," before he leaves office at the end of this year, Charles Bagli writes. Among the "legacy projects" are a large observation wheel, a cancer center, the biggest indoor skating complex in the U.S., and an office tower for Hudson Yards.

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