Governor Kathy Hochul today announced the historic opening of the State University of New York (SUNY) Fashion Institute of Technology’s (FIT) new $188.5 million Joyce F. Brown Academic Building. FIT is part of SUNY and a global leader in creative education. The new building is located on West 28th Street between Seventh and Eighth avenues, and will be a destination to advance creativity, innovation, and opportunity while also providing students with the resources to excel in art and design, fashion, business, and technology.
DASNY Press Releases
Governor Kathy Hochul today announced $49 million in capital grants for 35 colleges and universities across New York State through the Higher Education Capital Matching Grant Program (HECap). The funding supports projects that will upgrade facilities, create modern laboratory and research spaces, and invest in cutting-edge instructional technology and equipment — ensuring that New York’s higher education institutions remain at the forefront of innovation and opportunity.
The Dormitory Authority of the State of New York (DASNY) joined the SUNY New Paltz community to celebrate the renovation of Mohonk Hall, one of the University’s 14 student residence halls, at a ribbon-cutting event on Oct. 22. Campus officials were joined by Mohonk Hall residents and representatives from key contracting firms, from the office of New York State Assemblymember Sarahana Shrestha, and from DASNY, including President Robert J. Rodriguez.
ALBANY, NY – DASNY President and CEO Robert J. Rodriguez and College of Staten Island (CSI) President Dr. Timothy G. Lynch toured the CSI campus this week to review a range of active and recently completed capital projects that are transforming campus infrastructure, enhancing student spaces, and strengthening the college’s ability to serve the Staten Island community.
ALBANY, NY - The Dormitory Authority of the State of New York (DASNY) priced $1.46 billion in New York State Sales Tax Revenue Bonds. Bond proceeds will be used to reimburse the State for expenditures made on various capital projects across multiple agencies and to refund certain outstanding State-supported debt. The negotiated sale was led by Jefferies with Loop Capital Markets and RBC Capital Markets as co-senior managers. The Authority sold tax-exempt Series 2025A Bonds.
ALBANY, NY – Healthcare institutions across New York have accelerated equipment investments since the pandemic, with the Dormitory Authority of the State of New York (DASNY) facilitating tax-exempt lease transactions totaling $318 million since 2020 through its specialized Tax-Exempt Equipment Leasing Program (TELP). Many institutions are returning to TELP for repeat transactions, signaling continued investment in critical upgrades.
ALBANY, NY – DASNY President and CEO Robert J. Rodriguez and Queens College President Frank H. Wu toured Queens College in Flushing earlier this week to review multiple ongoing infrastructure projects designed to enhance the student experience and modernize campus facilities.
ALBANY, NY – The Dormitory Authority of the State of New York (DASNY) priced $2.04 billion in New York State Personal Income Tax Revenue Bonds. Bond proceeds will be used to reimburse the State for expenditures made on a variety of capital projects for SUNY community colleges, hospitals and educational facilities as well as New York Transportation Works projects and to refund certain outstanding state-supported debt. The negotiated sale was led by Bank of America Securities with Siebert Williams Shank and Wells Fargo as co-senior managers. The Series 2025C bonds are tax-exempt.
Albany, NY – The Dormitory Authority of the State of New York (DASNY) closed on a $175.14 million bond financing for Roswell Park Comprehensive Cancer Center to support facility improvements and equipment purchases that will enhance cancer care services and refinance debt.
Governor Kathy Hochul today announced the launch of the second round of the New York Statewide Investment in More Swimming (NY SWIMS) Initiative, making $53 million in capital grants available to municipalities and nonprofit organizations to expand access to safe swimming facilities across the state. At a time when extreme heat events are becoming more the norm, NY SWIMS provides competitive matching grants for the construction, renovation and improvement of swimming pools and natural swimming areas that will serve communities statewide. To date, NYSWIMS has awarded nearly $150M in capital grants to 37 projects across the state.