BELLINGS

Mamdani Wants to Add 18K New Homes on Staten Island

There’s a joke about how Staten Island got its name. Dutch settlers sailing into New York Harbor saw the 14-mile land mass and exclaimed “Is zat an island?” (You have to read it with the accent.) Is it the reality of how one of New York City boroughs got its name? No, but as the…

There’s a joke about how Staten Island got its name. Dutch settlers sailing into New York Harbor saw the 14-mile land mass and exclaimed “Is zat an island?” (You have to read it with the accent.) Is it the reality of how one of New York City boroughs got its name? No, but as the…

BELLINGS Intelligence Score: 7

Why it matters

This is a real estate development proposal with no immediate or broad implications for credit markets, underwriting standards, or financing structures relevant to sophisticated credit professionals.

Sources

  • Commercial Observer

    Mamdani Wants to Add 18K New Homes on Staten Island

    There’s a joke about how Staten Island got its name. Dutch settlers sailing into New York Harbor saw the 14-mile land mass and exclaimed “Is zat an island?” (You have to read it with the accent.) Is it the reality of how one of New York City boroughs got its name? No, but as the…