DASNY Press Releases

Governor Andrew M. Cuomo today announced approximately $585.2 million in low-cost, tax-exempt bonds has been issued through the Dormitory Authority of the State of New York on behalf of 56 school districts. This financing is the largest pooled school district issuance in DASNY history.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today the completion of a $4 million project to improve Rushton Hall at SUNY Canton. This project is part of roughly $59 million in capital renovation projects DASNY is completing on SUNY campuses statewide.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today work has completed on a $16 million project to renovate Bishop Hall at SUNY Buffalo State College. This project is part of roughly $59 million in capital renovation projects DASNY is completing on SUNY campuses statewide.
Gerrard P. Bushell, Ph.D., President and CEO of the Dormitory Authority of the State of New York (DASNY), announced today the completion of Eagle Hall, a new $24 million residence hall at The College at Brockport, State University of New York.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today work has begun on a $24.5 million project to renovate Beverwyck and Schuyler Halls at the University at Albany. When the renovation is complete, Beverwyck and Schuyler Halls will be able to accommodate 171 students and will include a newly relocated Wellness Center. The state-of-the-art center will provide students on campus access to health, wellness, and counseling services.

ALBANY, N.Y. -- Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today that the Montefiore Obligated Group has issued $685 million in bonds through DASNY, in a financing led by the Bank of America Merrill Lynch. 

Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today the start of the $18 million Second Phase renovation of Alfred State, the SUNY College of Technology’s MacKenzie Complex.
Governor Andrew M. Cuomo today announced the next step in the $1.4 billion Vital Brooklyn Initiative to transform the Central Brooklyn region with a new model of community development and wellness to address chronic disparities, such as systemic violence, affordable housing, lack of access to open space and entrenched poverty in high-need communities.
ALBANY, N.Y. -- Gerrard P. Bushell, Ph.D., President and CEO of the Dormitory Authority of the State of New York (DASNY), announced today the issuance of $325 million in bonds for the design, construction, and renovation of science and health care facilities at Columbia, and for other University projects. The financing will, in part, support the growth of an emerging research hub in northern Manhattan.
Governor Andrew M. Cuomo today announced work has begun on a $16 million project to renovate Tower Three at SUNY Buffalo State College. The project is part of more than $73 million in capital renovation projects the Dormitory Authority of the State of New York has begun on SUNY campuses statewide. The renovation was financed through DASNY’s SUNY Dormitory Facilities Program, which issues low-cost, tax-exempt bonds supported by student residence hall fees. Construction is expected to be completed in July 2019.