DASNY and SUNY team up for more than $6 million in upgrades
ALBANY, N.Y. (September 7, 2017) -- Gerrard P. Bushell, President and CEO of DASNY, announced today more than $6 million in upgrades have been completed at SUNY New Paltz and SUNY Purchase. The work is part of approximately $30 million in upgrades to SUNY campuses throughout New York State completed by DASNY over the course of 90 days – ready in time for students to begin the fall semester.
At SUNY New Paltz, $2.3 million in improvements included the replacement of roofs for Esopus, Bouton and Gage Halls. At SUNY Purchase, $4.3 million in upgrades included major bathroom renovations in Big Haus and Outback residence halls, as well as exterior masonry repairs at Fort Awesome residence hall.
The projects were financed through DASNY's SUNY Dormitory Facilities Program, which issues low-cost, tax-exempt bonds supported by student residence hall fees.
“DASNY is proud to deliver these upgrades to SUNY New Paltz and SUNY Purchase with our hallmark speed and efficiency before students returned this fall,” said DASNY President & CEO Gerrard P. Bushell. “Improving and maintaining student living environments helps our SUNY campus partners compete for top talent and strengthens New York’s economy while supporting the next generation of leaders.
SUNY New Paltz President Donald P. Christian said, “These essential renovations at SUNY New Paltz demonstrate the College’s commitment to providing modern living and learning spaces that inspire our students to actively engage in the campus community, both in the classroom and beyond.”
Mike Kopas, Senior Director, Facilities and Capital Planning at Purchase College said, “We appreciate the ongoing partnership with DASNY, which has helped improve the residential living experience on campus. Their knowledge, expertise, and insight made several difficult projects successful over the past summer.”
To see photos of the work, click here.
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Founded in 1944, DASNY – the Dormitory Authority of the State of New York – is New York State’s capital project development authority. It finances and constructs sustainable and resilient science, health and education institutions that help New York thrive. It is one of the largest issuers of tax-exempt bonds in the nation with an outstanding bond portfolio of approximately $47.9 billion as of June 30, 2017. DASNY is also a major public builder with a construction pipeline of 935 projects valued at more than $6.1 billion as of June 30, 2017.