March 2019
$750 Million New York State Life Sciences
Public Health Laboratory Coming to Albany
The future is now in New York State. 

That was the sentiment after the February 20 meeting of the Public Authorities Control Board when it was announced the new $750 million world-class New York State Life Sciences Public Health Laboratory will be located at the W. Averell Harriman State Office Building Campus in Albany.  DASNY is overseeing the design and construction of the state-of-the-art-facility, which will be delivered utilizing design-build. 

"New York’s commitment to the life sciences sector has never been stronger, and with this project we will build one of the world’s most sophisticated public health research laboratories that will further advance our position as a leader in this emerging industry,” said Governor Andrew Cuomo. “Innovative research and development will advance scientific breakthroughs out of the lab and into the real world, saving lives, creating jobs and driving billions of dollars in economic development across the state.”
 
Envisioned as “A Lab for the 21 st Century,” the new facility will function as a magnet for future private-sector investments and public-private collaboration, accelerating innovation and value creation. The modern facility and committed co-investments will serve as a flagship project for New York State, signaling a strong and long-term commitment to the Capital Region’s growing life sciences industry. 

“DASNY is proud to contribute to Governor Cuomo’s life sciences initiative and help strengthen New York’s economy by building a state-of-the-art laboratory in which the world’s best minds will innovate, collaborate, and make pioneering discoveries,” said Dr. Gerrard P. Bushell, President & CEO of DASNY. “Building complex, 21st century infrastructure requires sophisticated delivery methods. Design-build will help us complete this vitally important facility on time, on budget, and as swiftly as possible.”

To help foster opportunities for minority, women, small business, and service-disabled veteran-owned business enterprises to participate in the project, DASNY will be hosting an Industry Day on March 26 from 1:00-5:00 p.m. at the Albany Capital Center with the three teams selected to compete for the design-build contract. Interested teams should RSVP to conference@dasny.org by Wednesday, March 20.
SUNY Starts First Retrofit Project
for Zero-Net Carbon-Ready Residence Hall
DASNY and its longest-standing partner, The State University of New York (SUNY), have shared a lot of history over the decades, and the pair made history again in February.
 
That’s when SUNY announced its plans with DASNY and the New York State Energy Research and Development Authority (NYSERDA) to start its first zero-net carbon-ready retrofit project on a campus. The project, at SUNY Oneonta’s Ford Hall, will advance Governor Andrew M. Cuomo’s statewide clean energy goals of 100 percent carbon-free energy by 2040.
 
“Governor Cuomo has set nation leading goals for sustainable, clean energy for our state and we will meet this challenge throughout our entire SUNY system,” said SUNY Chancellor Kristina M. Johnson. “We will build upon this first zero-net carbon-ready retrofit at Oneonta to other campuses to send a strong message of not just words but action that SUNY is using the latest technology available to eliminate our carbon footprint and provide a sustainable clean-energy environment for all our students.”
 
“We are excited to be a part of such a pivotal undertaking with our SUNY partners,” said Gerrard P. Bushell, Ph.D., DASNY President & CEO. “Projects like this one will further Chancellor Johnson’s vision to retrofit and renovate SUNY’s 64-campus system to achieve greenhouse gas emissions reductions. DASNY is continuously advancing, using innovative solutions to construct facilities that will provide comfortable, healthy, and affordable living and working spaces for students, while driving down harmful carbon emissions. We look forward to helping SUNY achieve this worthy goal.”
 
DASNY issued a Request for Qualifications seeking design-build teams capable of completing the zero-net carbon-ready retrofit project. The residence hall, which can house 300 students, will be renovated as “zero-net carbon-ready,” meaning in addition to exceeding existing energy codes, the building will make use of future off-site renewable energy sources as they become available to meet building operations energy consumption needs. The project will be the first of its kind for the SUNY Residence Hall Program and will serve as a proof-of-concept, demonstrating an affordable residence hall renovation can achieve zero-net carbon performance.
 
You can read more about this inaugural zero-net energy retrofit project on DASNY’s website.
"Driving Change and Getting Results:
Meet the Women Who are Building New York"
DASNY will be celebrating Women’s History Month with a thought-provoking event featuring some of New York State’s most accomplished leaders.

On Tuesday, March 19 from 6-8 p.m. in the Katie Murphy Amphitheatre at the Fashion Institute of Technology in Manhattan, Dr. Gerrard P. Bushell, DASNY President and CEO, will begin this insightful conversation by conducting an interview with Dr. Joyce Brown, FIT President. 

A panel of extraordinary women will immediately follow the session:  
RSVP to events@dasny.org by 5 p.m. on Friday, March 15 . (Include: name, title, company, firm type, email, phone). Visit DASNY.org for more information.
DASNY Bonds Provide NYU with Financing to Equip New Science Center, Add Classroom Space, and Improve Energy Efficiency 
DASNY’s long-standing partnership with New York University added another chapter in February when NYU issued $862.8 million in bonds through DASNY . The financing will be used to advance and finalize construction and renovation projects across the university. 

The issuance includes more than $83 million in green bonds, providing investors with the opportunity to directly support projects that NYU has identified as environmentally sustainable. Green bond proceeds will go toward sustainable construction projects and equipment at NYU’s 181 Mercer Street, 370 Jay Street, and the Langone Health Science Building.

“NYU plans to be carbon neutral by 2040,” said Cecil Scheib, Assistant Vice President for Sustainability. “With DASNY’s support to make sustainable capital projects cost effective here in New York State, NYU can make the most of each construction opportunity.” 

 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.
DASNY Seeking Applicants for Public Finance Diversity Fellowship
DASNY is once again seeking applicants for its Public Finance Diversity Fellowship.

Last year DASNY introduced its Public Finance Diversity Fellowship, and it was such a resounding success, the program has been renewed for a second year. The fellowship is a full-year paid position, running from July 1, 2019 through June 30, 2020 and consists of two six-month terms. It is an extraordinary opportunity for graduating college students.

The first term will be spent in DASNY's Albany office serving as an analyst in the Public Finance Division. The second will be spent working alongside one of DASNY's investment bank partners in New York City. The two investment banking partners will once again be selected by lottery.

Interested applicants can apply online by visiting the fellowship section of DASNY's website. The deadline to apply is Monday, March 25 .
Employment Opportunities

Want to be part of the DASNY team?
All qualified candidates are encouraged to apply.
DASNY is currently searching for:

  • Senior Application Support Specialist (Information Services) Albany. The Senior Application Support Specialist is responsible for the documentation, research, and analysis of complex business, system, and data requirements. 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.
Dormitory Authority of the State of New York (DASNY)
WE FINANCE, DESIGN and BUILD INFRASTRUCTURE