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Municipal Bond Credit Report: Bondholders outweigh elderly residents in Long Island CCRC bankruptcy - Website Lift Off

Website Lift Off

Municipal Bond Credit Report: Bondholders outweigh elderly residents in Long Island CCRC bankruptcy

Geoff Weitzel
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Municipal Bond Credit Report: Terie Gelberg has lived at the Harborside, a retirement community on Long Island’s North Shore, for almost two decades. It was supposed to be the last home for the 99-year-old wheelchair user with memory issues, but plans to sell the bankrupt municipal bond financed facility to a private equity firm threaten to upend her care… Link to Story

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