Reuben R. McDaniel, III, President & CEO of The Dormitory Authority of The State of New York (DASNY) announced today $5 billion in low-cost financing obtained through DASNY has been issued to help school districts and higher education, and not-for-profit institutions reduce costs through low-cost financing for the first nine months of the year.
DASNY Press Releases
DASNY Announces $5 Billion in Low-Cost Financing Helps Strengthen Educational and Nonprofit Institutions
DASNY Completes $276 Million in Construction Projects for Health Care, Higher Education Institutions in 2021
Reuben R. McDaniel, III, President & CEO of the Dormitory Authority of the State of New York (DASNY) announced today $276 million in construction projects for higher education and health care institutions statewide were completed during the first nine months of 2021 by the DASNY.
Governor Hochul Announces Beginning of Construction on $14 Million Flood Protection Project in Canarsie
Governor Kathy Hochul today announced that The Governor's Office of Storm Recovery (GOSR) will begin construction on a $14 million project to protect the most at-risk sections of Fresh Creek's shoreline in Canarsie, Brooklyn. The project will help the community adapt to the effects of climate change by reducing flooding during future storms and rises in sea-level, and help the area recover more quickly during future storm events.
Governor Hochul Announces Completion of $14-Million Flood Resiliency Project in Town of Newfane, Niagara County
Governor Kathy Hochul today announced the completion of a $14 million resiliency project awarded to the town of Newfane, Niagara County, through the State's Resiliency and Economic Development Initiative (REDI). Olcott Harbor is an important recreational harbor located on the southern shore of Lake Ontario. The harbor area includes the Town of Newfane Marina, Olcott Yacht Club, Hedley Boat Company, McDonough Marine, and several private homes. In 2017 and 2019, the harbor entrance was overwhelmed by flooding, wind-driven waves, and sediment deposition in the navigation channel. High water levels, wave agitation, and new sediment deposits prevented safe refuge and navigation by large and small recreational watercraft.
Governor Hochul Announces Completion of REDI Project to Protect Historic Fort De La Presentation from Future Flood Events
Governor Kathy Hochul today announced the completion of shoreline stabilization efforts and trail improvements as part of a $1.3 million resiliency project awarded to the Fort de la Presentation Association, St. Lawrence County, through the State's Resiliency and Economic Development Initiative. The Fort de La Presentation site, located in the city of Ogdensburg, was once used by American, Canadian, Native American, French and British people for worship, trade, and protection during wartime. The site is now used for military reenactments commemorating the Battle of Ogdensburg during the War of 1812 and community recreation.
$10 Million LISC Investment Fuels Program to Expand MWBE And SDVOB Opportunities on DASNY Construction Projects
The Dormitory Authority of the State of New York (DASNY) is partnering with community non-profit LISC NYC and The Cayemitte Group, a full-service insurance and surety bond brokerage, to launch an innovative program to help businesses owned by minorities, women and service-disabled veterans compete for DASNY construction contracts.
Governor Hochul Announces Opening of Office of Mental Health's New $250 Million Inpatient Building on Staten Island
Governor Kathy Hochul today announced the official opening of the Office of Mental Health's new inpatient building at the South Beach Psychiatric Center on Staten Island. The new $250 million structure, along with modifications made to the South Beach campus, is designed to resist the flooding that severely damaged the SBPC during Super Storm Sandy.
Governor Hochul Announces $40 Million Renovation of Central New York Psychiatric Center in Oneida County
Governor Kathy Hochul today announced the start of a $40 million modernization of the Office of Mental Health’s Central New York Psychiatric Center and Secure Treatment and Rehabilitation Center campus in the Oneida County town of Marcy. The project undertaken by the Dormitory Authority of the State of New York will overhaul 100,000 square feet of the facility, including its infrastructure.
Governor Kathy Hochul today announced that Reuben R. McDaniel, III and Jessica Garcia have been appointed to the board of Office of Cannabis Management. The Cannabis Control Board and Office of Cannabis Management will create and implement a comprehensive regulatory framework for New York's cannabis industry, including the production, licensing, packaging, marketing and sale of cannabis products.
Governor Kathy Hochul has launched the "Get There Green!" campaign as part of New York State's participation in Climate Week 2021 which runs from September 20 to September 26. The effort will help reduce climate-altering greenhouse gas emissions by encouraging New Yorkers to utilize a sustainable form of transportation for at least one trip during Climate Week.