President's Corner

I know each and every one of you is very busy. There is an enormous amount of work taking place right here in New York City. Much of it is the result of Governor Andrew Cuomo’s historic investment in infrastructure. DASNY is proud to support these important projects. They are essential to maintaining the stature, attractiveness and competitiveness of our city and our state. They are also major investments in our state’s infrastructure that are essential to the futures of our preeminent public and private colleges and universities.

Thank you to Governor Cuomo for your leadership and commitment to supporting MWBEs throughout our great state. The Governor is driving results and DASNY stands out only because of the commitment he has made to successful MWBE participation.  

Good morning. It is a pleasure to be here today. As the President and CEO of DASNY, I have the privilege to lead an organization that serves as a bridge between the State of New York, and New York’s colleges and universities as their financier and builder. 

It has been an incredible two years since I accepted Governor Cuomo’s challenge to lead DASNY and became the first DASNY President and CEO to be confirmed by the New York State Senate. 

Over these past two years, we have changed the direction of DASNY, using a renewed focus on our clients as a springboard. We are providing them with a wider array of solutions, from broadening the use of a hybrid financing structure that combine tax-exempt and taxable bonds, to delivering projects with design-build and other alternative methods. 

I am a firm believer in the adage that in order to move forward, it is paramount to look at where you have been. Seeking lessons from the past provide clarity on the choices we make today. This means that I am routinely reaching out to people who have had experience working for or working with DASNY to help us chart our course forward. 

DASNY President & CEO Gerrard P. Bushell sat down with the Bond Buyer’s Andrew Coen for a podcast in March. They covered wide-range of topics, including Dr. Bushell’s success in his first two years, potential impact of the changes in Washington on the municipal bond market, and the Governor Andrew Cuomo’s proposal for free-tuition for middle class New Yorkers at the State’s public universities and colleges. They concluded by discussing Dr. Bushell’s goals for the future. 

Below are excerpts followed by a link to the full podcast:

Good evening. It is wonderful to be here with all of you tonight. As you know, DASNY and Construction Managers are frequent partners. We work together on some of DASNY’s biggest projects. You are part of DASNY’s role as the nation’s largest issuer of low-cost, tax-exempt bonds and one of the nation’s biggest public builders with a construction pipeline of almost $6 billion.

Here at DASNY, we are working hard to develop a deep understanding of the value we add to our clients and how we can best portray that value.

As the year comes to a close, it provides an excellent opportunity to look back at the successes we have all shared and how we achieved them. DASNY is incredibly fortunate to have clients and partners who all work toward the same goal of making New York State a better place to live, work and learn. Thank you to each and every one of you for your support throughout the year and I look forward to expanding our relationships and reaching ever higher in the year to come. 

Good afternoon and welcome. We are excited to host this event, and we are thrilled you are able to join us today. Many of you are new, while others have partnered with DASNY for quite some time. To those who have worked with us before, thank you for helping find solutions for our clients, and thank you for giving us the opportunity to work with your many of your clients.