Last fall, Morey’s Piers dismantled the Giant Wheel and sent its center hub to the Navy Yard for repair; bearings were addressed and spokes last replaced in 1999.

A theft targeting Morey’s Piers in Wildwood, New Jersey saw parts of the 156-foot Giant Wheel stolen from a temporary work area, with the stolen components valued at more than $175,000.

The theft spanned several days and was reported just before 3:30 p.m. on February 4, 2026, with investigators naming William Morelli as the suspect and alleging the metal was sold to a scrap yard.

William Morelli, 67, of Wildwood Crest, was arrested on theft-of-movable-property charges and later released on a summons.

The Giant Wheel is a beloved Jersey Shore landmark, and the ongoing refurbishment is designed to preserve its legacy for future guests.

Morey’s Piers officials expressed heartbreak over the incident but reaffirmed their commitment to completing the Giant Wheel renovation on schedule for the summer season.

Since its installation in 1985, the Giant Wheel has defined the Wildwood skyline, and leadership emphasized continued fundraising and renovation efforts.

The Giant Wheel is a 156-foot LED-lit Ferris wheel designed by Dutch firm Vekoma, installed in 1985, with a 16,000-pound center hub transported to the Navy Yard for work.

Archives show ongoing refurbishment, with archival videos documenting the Giant Wheel’s renovation process on the Wildwood Video Archive.

The report reminds readers that charges are accusations and that individuals are presumed innocent until proven guilty.

refurbishment is being carried out by a multi-trade contractor team and represents a significant investment in infrastructure, safety, and guest experience.

Officials expect refurbishment to continue with the aim of having the ride ready for the summer season, including removing and refurbishing the wheel and hub in a temporary beachfront workshop for sandblasting and repainting.