Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today that New York University (NYU) issued $862.8 million in bonds through DASNY. The financing will be used in conjunction with previous financings to advance construction and renovation projects throughout the university system. The $862.8 million issued by DASNY on behalf of NYU was offered as $603.5 million in tax-exempt bonds and $259.3 million in taxable bonds.
DASNY Press Releases
DASNY Bonds Provide NYU With Financing to Build Additional Classroom Space, Equip New Science Center, and Improve Energy Efficiency
The State University of New York announced today its partnership with the Dormitory Authority of the State of New York and New York State Energy Research and Development Authority to start its first zero-net carbo-ready retrofit project on a campus for SUNY Oneonta’s Ford Hall. The project will advance Governor Andrew M. Cuomo’s statewide clean energy goals of 100 percent carbon-free energy by 2040.
Governor Cuomo Announces $204 Million In Funding to Strengthen And Preserve Access to High-Quality Health Care
Governor Andrew M. Cuomo today announced $204 million to support 95 projects that will protect and transform New York State's health care system. This funding from the Statewide Health Care Facility Transformation Program will improve patient care through the development of high-quality medical facilities and programs serving the inpatient, primary care, mental health, substance use disorder and long-term care needs of communities throughout the State.
Empire State Development (ESD) today announced the completion of Marist College Steel Plant, a state-supported renovation and expansion of a former steel fabrication plant in Poughkeepsie, Dutchess County. The new facility will serve as a fine arts and fashion hub dedicated to business and career development. ESD provided $2.5 million in grants through the Mid-Hudson Regional Economic Development Council (MHREDC) and the project has also been awarded an additional $491,000 in funding from the Higher Education Capital Matching Grant Program (HeCap) board, which is administered by the Dormitory Authority of the State of New York (DASNY). The project supports the success of New York’s holistic economic development strategy for revitalizing downtowns and reinforcing placemaking throughout the state.
DASNY and The Arc New York Close on a $7 Million Tax-Exempt Equipment Lease Transaction Delivering State-of-the Art Equipment to New Yorkers with Disabilities
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today DASNY and The Arc New York (NYSARC, Inc.) closed on a $7.03 million transaction. This is the first transaction of a larger $20 million tax-exempt equipment lease authorization for The Arc New York to acquire adaptive equipment and specialized vehicles for individuals with disabilities, as well as finance information technology equipment upgrades.
Gerrard P. Bushell, Ph.D., President and CEO of The Dormitory Authority of the State of New York (DASNY), announced today that DASNY’s headquarters in Albany has been certified as LEED-EB (Leadership in Energy and Environmental Design – Existing Building) Gold by the U.S. Green Building Council (USGBC).
In all of the United States, there has never been a tribute to the hundreds of courageous American servicemen and servicewomen of Dominican heritage who fought for the freedom of their country and the world during World War II. Until now.
The New York State Office of Alcoholism And Substance Abuse Services Announces Opening of New Residential Detox and Rehabilitation Facility in Clinton County
The New York State Office of Alcoholism and Substance Abuse Services (NYS OASAS) today announced the opening of the Champlain Valley Family Center Recovery Campus, a new residential detox and rehabilitation facility in Clinton County. The site, in Schuyler Falls, will have 18 withdrawal and stabilization beds, also referred to as detox beds, and will also provide residential treatment. This opening is part of Governor Cuomo’s efforts to expand treatment and rehabilitation services in the North Country. The New York State Office of Alcoholism and Substance Abuse Services contributed approximately $3.5 million in capital funding for this project, and is providing $720,000 in annual funding to support operation of the facility.
DASNY Completes Summer Construction at SUNY Buffalo State, The University at Buffalo, and Alfred State College
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today nearly $10 million in upgrades have been completed at SUNY Buffalo State, Alfred State College, and the University at Buffalo. The work is part of approximately $31 million in upgrades to SUNY campuses throughout New York State that was completed by DASNY during the summer months – ready in time for students to begin the fall semester.
DASNY Completes Summer Construction Projects at SUNY Polytechnic Institute’s Utica Campus and SUNY Oneonta
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today that $1.1 million in upgrades have been completed at SUNY Polytechnic Institute’s Utica campus and $820,000 in upgrades have been completed at SUNY Oneonta. The work is part of approximately $31 million in upgrades to SUNY campuses throughout New York State that was completed by DASNY during the summer months – ready in time for students to begin the fall semester.