Agreement Reached on $175.5 Billion Executive Budget
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"This is the broadest, most sweeping state budget that we have done and for the ninth straight year it was both timely and fiscally responsible," said Governor Cuomo.
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Terence Cardinal Cooke Health Care Center Finances
$25 Million Through DASNY
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Residents and staff at the ArchCare at Terence Cardinal Cooke Health Care Center in Manhattan will soon have their meals prepared in a new, modern kitchen. And that’s not all.
In April, the nursing home closed on a $25 million financing through DASNY
. The tax-exempt financing will enable the Manhattan-based skilled nursing facility to further enhance fire safety systems and upgrade elevators throughout its campus for the safety and convenience of residents and staff. In addition, the center will install a new generator and modernize its kitchen.
“DASNY is pleased to provide its health care partners with the financing solutions they need to improve patient care,” said
Dr. Bushell
. “With this financial flexibility, Terence Cardinal Cooke can enhance its facilities to better serve its patients.”
“Delivering the highest quality care to people of all ages and faiths, especially the poor and vulnerable, is to us a sacred responsibility,” said
ArchCare President and CEO Scott LaRue
. “We are grateful to the Authority and Sterling National Bank for giving us the means to update key parts of our facility and care for our patients in a safe, comfortable environment far into the future.”
“The Terence Cardinal Cooke Health Care Center has an illustrious history of providing holistic care for its patients. We’re proud to provide financing for this important project and support the Center in continuing to deliver the exceptional patient care they’re known for,” said
Thomas Geisel, President of Corporate Banking at Sterling National Bank
.
Sterling National Bank is purchasing the bonds.
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DASNY Selects Investment Bank Partners
for 2019 Public Finance Diversity Fellowship
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The fellowship, which helps build a more inclusive workforce, is a full-year position, running from July 1, 2019 through June 30, 2020. It consists of two six-month terms. During the first term, the fellows will serve as analysts in Public Finance, working out of DASNY’s Albany office. In the second term, each fellow will work alongside one of DASNY’s investment bank partners in New York City.
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Dr. Bushell Delivers Keynote Address at Higher Education Forum
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DASNY is in the infrastructure business, financing, designing, developing, and constructing social infrastructure for higher education and health care institutions throughout New York State. Attendees of the Third Annual Commercial Observer Higher Education Construction Forum at the CUNY Graduate Center in New York City learned about that and more as Dr. Bushell
delivered the morning keynote address
on April 11.
Dr. Bushell also gave insight into how DASNY is supporting
Governor Cuomo’s groundbreaking life sciences initiative
by advancing the growth of a new, world-class research cluster that stretches from Northern Manhattan down to Brooklyn, and will soon be making its way into the Capital Region.
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Northeast Construction Managers Association of America Welcomes Dr. Bushell
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DASNY is intentionally presenting itself in a different way in its 75th year, advancing innovation, social impact, growth and inclusion. By continuing to adapt to meet the ever-changing needs of its clients, DASNY is finding creative and meaningful solutions that make doing business with New York’s developer even easier.
Dr. Bushell touched on how best to work with DASNY, as well as DASNY’s ability to use alternative delivery methods, such as design-build, within our SUNY portfolio and the importance of two impending DASNY projects – SUNY Oneonta’s zero-net energy-ready residence hall retrofit and the construction of SUNY Polytechnic Institute’s new design-build, zero-net energy-ready residence hall in Utica.
These projects are part of SUNY Chancellor Dr. Kristina M. Johnson’s plan to achieve greater energy savings across SUNY’s 64-campus system and dovetail with Governor Cuomo’s Green New Deal to put New York State on a path to economy-wide carbon neutrality.
“We are driving continuous improvement throughout our organization and we need you, our construction managers, to help us continue to introduce new solutions,” Dr. Bushell told the audience. “Only by providing the highest level of service, creating efficiencies, and offering inventive solutions to challenges, will we deliver more for all New Yorkers.”
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DASNY Hosts Women’s Leadership Event:
The Women Building New York
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There the audience had the opportunity to hear from several extraordinary women who are leaders in their fields and conduct business with DASNY.
DASNY’s Managing Director, Public Finance & Portfolio Monitoring, Portia Lee served as Master of Ceremonies and provided opening remarks. What followed was an engaging interview between DASNY President & CEO Dr. Gerrard Bushell and FIT President, Dr. Joyce F. Brown. Over the course of a wide-ranging conversation, Dr. Brown offered insights into her exceptional career as a leader and educator, and what advice she would give young girls.
“I think we should start with telling them they don’t need permission, and they don’t need approval.” Dr. Brown said. “They need confidence. They need to believe in themselves. And I don’t think there’s any greater motivator than competing with yourself.”
The discussion was immediately followed by a panel of inspirational women in finance and construction. Moderated by M. Cornelia Cahill, Deputy Managing Partner of Barclay Damon, the panel included: Kym Arnone, Managing Director and Joint Head of Municipal Finance at Jefferies LLC., Cheryl McKissack Daniel, President & CEO of McKissack and McKissack, Suzanne Shank, Chairwoman, CEO and Co-Founder of Siebert Cisneros Shank & Co., LLC., and Elizabeth Velez, President and Chief Contract Administrator of the Velez Organization.
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Harlem Serving as Hub of Scientific, Economic Growth
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“Harlem is a center of activity, where health care, higher education, and scientific innovation are opening more doors for our next generation of leaders.” That theme permeated Dr. Bushell’s message to the Board of Directors for the Greater Harlem Chamber of Commerce on March 14 during a presentation on DASNY’s work and impact in Harlem.
There he discussed projects DASNY has completed in Harlem and the surrounding communities, including the $265 million patient pavilion at
Harlem Hospital, CUNY’s Advanced Science Research Center
, and the financing of the
Jerome L. Greene Science Center
on Columbia’s Manhattanville Campus. He also touched upon DASNY’s work at CUNY’s Sophie Davis School of Biomedical Education, where we delivered $12.6 million in interior renovations to create much-needed specialized training and office space. These projects have generated economic multipliers, improved workforce development, and created opportunities within the community.
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Employment Opportunities
Want to be part of the DASNY team?
All qualified candidates are encouraged to apply.
DASNY is currently searching for:
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- Electrical Engineer (Downstate Design) New York City. The Engineer manages the design process and administers professional services contracts for consultants providing design services to the Authority and conducts formal reviews of consultant prepared design documents throughout all phases of building design. Learn more.
- Environmental Specialist (Code Compliance) New York City. The Environmental Specialist performs a wide variety of environmental review, inspection, and analysis of existing facilities and projects under construction. Learn more.
DASNY is an Equal Employment Opportunity employer
committed to excellence and diversity.
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