2016 Access DASNY Masthead_Thrive

Reflecting on 2017, Looking Towards Opportunities in 2018 


The holiday season always provides moments to reflect on what has been accomplished throughout the year, as well as opportunities to look ahead to what is to come.

DASNY began 2017 by expanding its MWBE capacity and creating new opportunities for MWBEs by launching a surety bond training program, and selecting J.P. West, Inc. as its first MWBE firm as its broker of record for its general excess liability insurance program.

In one day, DASNY’s Board approved $2.9 billion to fund projects statewide that are growing our economy and keeping New York State competitive. Those funds will also enable savings through refunding outstanding debt.

In 2017 DASNY provided more than $250 million in low-cost financing for not-for-profit health care providers, more than $890 million for private not-for-profit higher education institutions. These financings helped pave the way to support projects like the $16 million conversion of Bishop Hall at Buffalo State College.

We are speeding residence hall delivery through the use of alternative delivery methods like design-build for the $21 million 256-bed residence hall at SUNY Brockport.

We are increasing energy efficiency at CUNY’s campuses to the tune of $380 million.

DASNY’s low-cost financing support extended beyond the SUNY and CUNY systems to help 54 school districts throughout New York State save $17 million in 2017.

We are also supporting tourism and growing economies in Western New York by completing upgrades to Niagara Falls State Park, part of Governor Cuomo’s $70 million revitalization effort.

“This work positions us to hit the ground running in 2018,” said Gerrard P. Bushell, DASNY President & CEO. “I am excited about what the year has in store.”


DASNY President & CEO Gerrard P. Bushell was featured on a pair of panels in November, where he was able to showcase how DASNY serves as a bridge between New York State and its health care and higher education institutions.

On November 17, he was featured as a panelist for a discussion of “Operating Outside of Your Silo” for the National Association of Securities Professionals (NASP) in New York City. As health care and higher education institutions go through tremendous change, DASNY is evolving to align its business with their changing needs.

“Through our One DASNY initiative, DASNY is collaborating to leverage our entire organization for our clients,” Dr. Bushell said. “When institutions partner with DASNY, they know they are partnering with a full complement of resources. One DASNY is already providing our clients with enhanced flexibility through a hybrid financing strategy that mixes tax-exempt and taxable bonds for projects that incorporate private use.”

On November 30, Dr. Bushell participated in a McKinsey & Company panel discussion in New York City titled “Innovations in Infrastructure.” There, he discussed how DASNY is taking advantage of opportunities to expand and further leverage its partnerships with the private sector, starting with a focus internally on creating efficiencies and streamlining its processes to mirror private-sector operations. Through this process DASNY is making itself a better partner, both for the private sector and the public, while helping both sectors understand each other.
2017 Greenbuild Conference 
 Back row left to right: Ahmed Aljuboori, Mike Morrill, John Savona, Jim Moore, Jeff Dyer, Denise Platt
Front row left to right: Fred Clark, John DeSoto, Jim Sullivan, Jodi Smits Anderson, Mike Scharff
From November 8-10, members from DASNY’s construction division attended Greenbuild, the International Green Building Conference, in Boston. This year’s theme was “All-in” which underscores that sustainability in design, construction and operations can support goals for social justice, resiliency, health, and well-being, as well as energy efficiency and carbon reductions. Our team attended approximately 80 education sessions that will inform DASNY’s work. DASNY currently has 40 LEED-rated buildings and defines specific sustainable goals for all projects.

Columbia University’s Manhattanville Campus 
Congratulations are in order for Columbia University – it has gone green, and gold! The Jerome L. Greene Science Center and Lenfest Center for the Arts – the first two new buildings constructed at Columbia’s Manhattanville campus – have been awarded LEED Gold certification from the U.S. Green Building Council (USGBC). The Jerome L. Greene Science Center was funded in part by green bonds issued by DASNY.

“These building designations are concrete demonstrations of the University’s culture of sustainability, and they reflect the standard of environmental commitment at Manhattanville for years to come,” said David M. Greenberg, executive vice president of Columbia University Facilities and Operations.

You can read more about the campus and the recent designation on Columbia’s facilities and operations website.


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