Albany, NY – Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today DASNY and United Health Services Hospitals, Inc. (UHSH) of Binghamton closed on a $10.1 million Tax-Exempt Equipment Lease Program (TELP) transaction.
DASNY Press Releases
Governor Andrew M. Cuomo today hosted the first meeting of community leaders and the Lake Ontario Resiliency and Economic Development Initiative, or REDI, commission where he announced up to $300 million in funding available for communities impacted by Lake Ontario flooding.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today Catholic Health System, Inc. issued more than $180 million in bonds through DASNY, in a financing led by Bank of America, Merrill Lynch.
The Dormitory Authority of New York (DASNY) and the State University of New York (SUNY), today announced a $16.6 million renovation project at SUNY Plattsburgh. The work now underway includes a renovation of the college's Kent Hall.
Governor Andrew M. Cuomo today announced the first new State University of New York zero-net, carbon-certified residence hall on campus. SUNY, in partnership with the Dormitory Authority of the State of New York, will begin construction of the $33.5 million, 257-bed, residence hall project at SUNY Polytechnic Institute's Utica Campus. It is expected to be open for student residents by August 2020.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today that ArchCare at Terence Cardinal Cooke Health Care Center has financed $25 million through DASNY. Sterling National Bank is purchasing the bonds.
Governor Andrew M. Cuomo today announced three design-build teams have been selected to receive a Request for Proposals, enabling them to compete for a contract for the design and construction of a new $750 million world-class, state-of-the-art public health laboratory that will replace Wadsworth Center’s aging facilities. The lab is expected to attract approximately 1,200 life sciences jobs and generate about $2.3 billion in economic activity for the region over the life of the project.
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.
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 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.