Of the 10 properties that Prism has acquired, three are already operational: The Dutch and Court Square in Long Island City, Queens, New York, and The Louie Hotel in New Orleans. All three are operating under Belvilla's upscale urban brand, Belvilla District 6.
Back near the end of 2021, COVID-related panic was subsiding and the vibe around new EV startups was still very much optimistic. Almost every other week, a new brand was vying to be the next Tesla, as if that company's sky-high stock price could be anyone's for the taking. VinFast, like other small car brands with larger-than-life plans, wanted a piece of that pie and quickly pivoted its plan from gas-powered BMW-based sedans and SUVs to self-developed EVs meant to take the world by storm.
