DOCSLIB.ORG

Annual Report 2017 a N N U a L R E P O R T 2 0 1 7 DORMITORY AUTHORITY

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2017 a N N U a L R E P O R T 2 0 1 7 DORMITORY AUTHORITY DASNY Annual Report 2017 A N N U A L R E P O R T 2 0 1 7 DORMITORY AUTHORITY S T A T E O F N E W Y O R K 16 4 28 36 40 Innovative Communities 4 Educated Communities 16 Healthy Communities 28 Resilient Communities 36 Inclusive Communities 40 Bonds 44 TELP 47 New Construction 48 Completed Projects 52 Governance 55 Appendix 63 On the cover: New York University | 370 Jay Street, Brooklyn | Photo Credit Mitchell/Giurgola Architects A n n u a l R e p o r t 2 0 1 7 Dear Fellow New Yorkers, This is an incredible time to be a New Yorker. New York State’s private-sector jobs are at their highest point in history, cities across Upstate New York are rebounding after languishing for decades, and we are restoring the promise that the next generation will be better o! than the last. The Dormitory Authority of the State of New York (DASNY) plays a crucial role in this progress. It is a valuable bridge between the State and New York’s edu- cation and health care institutions as it finances and builds the infrastructure that broadens opportunity, bolsters our middle class, and expands access to services that keep New Yorkers healthy. DASNY has proven its ability to help New York State’s communities thrive. As the nation’s leader in the municipal bond market and one of its most prominent public builders, DASNY sets the tone for sustainable, resilient construction and the participation of minority- and women-owned business enterprises. New Yorkers deserve an organization like DASNY with its focus on perform- ance and integrity. I thank the DASNY Board, its Chair, Alfonso L. Carney, Jr. and its President and CEO, Gerrard P. Bushell, for continuously answering the call of public service with dedication. I commend DASNY’s executive team and its entire sta! for their leadership and commitment to the people of New York. Sincerely, Andrew M. Cuomo, Governor State of New York D o r m i t o r y A u t h o r i t y S t a t e o f N e w Y o r k 1 The Honorable Andrew M. Cuomo Governor, State of New York The Honorable Thomas P. DiNapoli Comptroller, O!ce of the State Comptroller State of New York The Honorable John J. Flanagan Temporary President and Majority Leader New York State Senate The Honorable Carl E. Heastie Speaker, New York State Assembly Alfonso L. Carney, Jr. Gerrard P. Bushell, Ph.D. Chair President and CEO The Honorable Je"rey D. Klein Senate Coalition Leader and Independent Dear Governor Cuomo and Distinguished Leaders, Democratic Conference Leader New York State Senate We are proud to introduce the 2017 Annual Report of the Dormitory Authority of the State of New York (DASNY). This year’s report brings life to the incredible The Honorable Andrea Stewart-Cousins impact DASNY has on our clients and communities across New York State. The Democratic Conference Leader report shows how DASNY, in its 73rd year, is further enhancing its partnerships New York State Senate to create innovative, educated, healthy, resilient, and inclusive communities that can better compete on the global stage to continue to grow our economy. The Honorable Brian M. Kolb Minority Leader, New York State Assembly The 2017 DASNY Annual Report builds on improvements made last year, much like our e!ort to redirect DASNY to better meet the needs of our health The Honorable Catharine Young care and higher education clients whose sectors are undergoing rapid Chair, Senate Finance Committee change. We are telling stories as seen through our clients’ eyes and have developed a magazine-style format to bring those stories to life. The Honorable Herman D. Farrell, Jr. Chair, Assembly Ways and Means Committee These stories also tell of the changes we are making to maximize our added value to our partnerships. One valuable impact is our broadening use of a The Honorable Liz Krueger hybrid financing structure that combines tax-exempt and taxable bonds. The Ranking Minority Member hybrid structure helps meet the needs of higher education and health care Senate Finance Committee sectors as not-for-profit institutions focus more of their strategic planning on their core missions and expanded partnerships. The Honorable Bob Oaks Ranking Minority Member New York University made use of this structure when it issued through Assembly Ways and Means Committee DASNY $829 million in tax-exempt and taxable bonds in June 2016, the largest private client issuance in DASNY’s history. The structure is helping maximize the economic benefits to New York State from NYU’s investment. It enables NYU to include private uses in its capital projects, which the Univer- sity is doing at its new technology and digital arts center at 370 Jay Street in 2 A n n u a l R e p o r t 2 0 1 7 Brooklyn that graces the cover of the report. For example, the taxable bonds can support start-up space at 370 Jay Street for companies developing tech- Highlights of 2017 nology created by the University’s researchers, further enhancing the project’s economic impact. Similarly, we are deploying a wider variety of alternative project delivery $6.7 billion methods to speed construction delivery and keep costs down. This includes Bonds Delivered creating a new contract structure for design-build, which we are applying to a $21 million residence hall project at The College at Brockport, which Gover- $1.12 billion nor Andrew M. Cuomo announced in March 2017. It is expected to be among Largest Public Financing the fastest delivered residence halls in DASNY’s history thanks to this pro- curement method. $829.1 million Largest Private Higher Education As you will see in the following pages, the results of these e!orts are playing Financing a powerful role in creating the infrastructure across New York State that serves as a bedrock to our communities. $237.1 million Largest Private Health Care We are working with our partners in State government to fight the opioid Financing crisis, develop housing for homeless veterans, and renew and enhance New York State Parks. We are delivering on the Governor’s promise to rebuild New York State’s infrastructure, stronger and more resilient against the increasing $47.9 billion threat of powerful storms. And we are doing it all with a focus on increasing Outstanding Bond Portfolio the MWBE contract participation rate and growing the capacity of minority- and women-owned business enterprises. $125.2 billion Total Financed Since Founding As we move into a new era for DASNY, it is paramount that we also remember how we got here, and there is no better way to do that than celebrating the $144.2 million 50th anniversary of our partnership with the City University of New York. In- Tax Exempt Leasing Program side this report, you will find a detailed history of that partnership, which dis- (TELP) Leases plays the power infrastructure can play in creating opportunity. $33.7 million DASNY’s commitment to New Yorkers is driven by our dedicated and talented Largest TELP Lease work force. We are enormously thankful for the energy they put into every endeavor. It is their knack for delivering solutions that keeps DASNY and New York State moving ever upward. $633.7 million Construction Expenditures Sincerely, 949 Construction Projects in Pipeline $5.98 billion Construction Pipeline Alfonso L. Carney, Jr. Gerrard P. Bushell, Ph.D. Chair President and CEO $137.8 million MWBE Expenditures D o r m i t o r y A u t h o r i t y S t a t e o f N e w Y o r k 3 Innovative Communities NYU’s 370 Jay Street: Where Cool Stuff Happens 4 A n n u a l R e p o r t 2 0 1 7 370 Jay Street: Opposite: Exterior; Above: Lobby and Media Garage; Photo Credit Mitchell/Giurgola Architects +$1,000,000,000 +100 in NYU annual wages companies created based on NYU technology $375 million 86% NYU spends yearly on of NYU graduates remain in construction and renovation the Tri-State area annually When New York University’s 370 Jay Street opens its doors reviving a vacated o"ce building, keeping the original lime- in the fall of 2017, its 500,000 square feet spread over 14 stone façade that matches the neighborhood’s character, floors will almost double the University’s footprint in Brook- and opening the first floor to the public, NYU has fully inte- lyn and bring scientists, engineers and digital artists to- grated 370 Jay Street with the surrounding community. gether to drive innovation at the heart of the borough’s blooming technology sector. To date, DASNY has issued a total of $352 million in low-cost tax-exempt and taxable bonds on NYU’s behalf for this proj- The facility at 370 Jay Street in Downtown Brooklyn is cen- ect. NYU utilized a hybrid tax-exempt and taxable financing tral to NYU’s expansion in the sciences and technology, structure that provided greater e"ciency as well as future which builds in part on the strong foundation of NYU’s flexibility. The 370 Jay Street project was part of an $829 mil- nearby Tandon School of Engineering. In particular, 370 Jay lion bond issue in June 2016 that made history for being the Street will be the hub of the University’s vision to merge largest single issuance DASNY has ever conducted on behalf technology and creative arts, spawning advancements in of a private client, as well as for the monumental impact the communications, media and social science that will help financed projects will have on the University’s and New York drive the economy and make cities better places to live.
Load more

Recommended publications
  • Celebrating Eighty Years of Public Higher Education in the Bronx
    Lehman TODAY SPRING 2011 Celebrating Eighty Years of Public Higher Education in the Bronx The Courage to Step Forward The President’s Report, 2010 The Magazine of Lehman College For Alumni and Friends Spring 2011 • Vol. 4, No. 1 Contents Features The Courage to Step Forward 11 • Coming Out of the Shadows 12 • Making a Difference 14 • Speaking for the Victims 16 22 Of Injustice 11 Photo by Roy Wright • Stranded in Chile 19 Chronicles of the Pioneers of ‘31 20 Departments Celebrating Eighty Years of Public 22 2 Campus Walk Higher Education in the Bronx 5 Sports News Spotlight on Alumni 27-30 20 6 Bookshelf Marsha Ellis Jones (‘71), Douglas Henderson, Jr. (‘69), Mary Finnegan Cabezas (‘72), Angel Hernández (‘09), 8 Development News María Caba (‘95), and a Message from the Alumni 31 Alumni Notes Relations Director Plus: The President’s Report, 2011 35-40 27 On the Cover: The many lights and activities of the Music Building—one of the original campus buildings, known fi rst as Student Hall—symbolize the learning that has taken place here for eighty years. Photo by Jason Green. Lehman Today is produced by the Lehman College Offi ce of Media Relations and Publications, 250 Bedford Park Blvd. West, Bronx, NY 10468. Staff for this issue: Marge Rice, editor; Keisha-Gaye Anderson, Lisandra Merentis, Yeara Milton, Nancy Novick, Norma Strauss, Joseph Tirella, and Phyllis Yip. Freelance writer: Anne Perryman. Opinions expressed in this publication may not necessarily refl ect those of the Lehman College or City University of New York faculty and administration.
    [Show full text]
  • From Soul Syndicate to Super Scholar: Portia K. Maultsby
    ARCHIVES OF AFRICAN AMERICAN MUSIC AND CULTURE liner notesNO. 18 / 2013-2014 From Soul Syndicate to Super Scholar: Portia K. Maultsby aaamc liner notes 18 0214.indd 1 2/24/14 2:58 PM aaamc mission From the Desk of the Director The AAAMC is devoted to the collection, preservation, and dissemination of materials for the purpose of research and study of African American music and culture. www.indiana.edu/~aaamc Table of Contents From the Desk of the Director .....................2 In the Vault: Recent Donations .................3 Portia Maultsby and Mellonee Burnim. Photo by Chris Meyer, courtesy of Indiana University. Featured Collection: Black Gospel Music in the Today I write my last director’s column Advisory Board, who have donated Netherlands .........................4 for Liner Notes as I prepare to retire materials and promoted the work of after a forty-two-year career at Indiana the archives, assisted in identifying and IU Embarks on 5-Year University. One of my most rewarding acquiring collections, offered ideas for Media Digitization and activities during this long residency has programs and development projects, Preservation Initiative ...........6 been my work as founding director of and provided general counsel. I take this the Archives of African American Music opportunity to publicly thank them for From Soul Syndicate and Culture. From the outset, my goal their unwavering support over the years. to Super Scholar: was to establish an archives with a focus I also acknowledge the archives’ Portia K. Maultsby ................7 on black musical and cultural traditions, superb and dedicated full-time and including popular and religious music, student staff, who offered many creative The AAAMC Welcomes personality radio of the post-World War II ideas for collection development, public Incoming Director era, and the musical legacy of Indiana, that Mellonee Burnim ................15 programs, and marketing activities largely had been excluded (jazz being the over the past twenty-two years.
    [Show full text]
  • PDF Version of Sara Cook's
    Sara Cook’s Bio Sara Cook is an artist who creates in many mediums including pioneering 2D into 3D, photography, web design, computer graphics, film editing, dance, choreography, music, etc.. Sara is a technology pioneer in the field of digital imaging. A second generation native New Yorker from NYC with a history of artistic endeavors involving The Village, Chelsea, Gramercy Park, & other areas in Manhattan. A visual artist who specializes in the art of 3D & animating lenticular, full color & grayscale anaglyph, stereo photography & other imaging with Robert Munn. She continues to create new art, perform & show new artwork. 3D projects she helped create with Depthography are seen internationally. Sara Cook was featured with Robert Munn & Gary Darrow in the “Tech Watch” section of Computer Graphics World in 1994. This article talked about some of the advancements in technology that Depthography were responsible for at that time. A few other technical advancements include: Sara Cook was involved in the innovation of lenticular & anaglyph 2D into 3D & 4D graphics based on Robert Munn’s technical concepts & her techniques & methodology together as part of the Depthography team. Sara Cook, as part of Depthography’s team, took part in the world’s first 2D into 3D lenticular conversions in the early 1990’s before all other attempts to develop similar techniques. Within 6 weeks of delivering their first project utilizing 2D into 3D (and 2D into 4D) methods, Sara devised her own unique 3D pioneering formulas & methods that did not involve any 3D modeling software. All of these achievements were based on Munn’s 3D technical concepts & as a part of Depthography’s team.
    [Show full text]
  • 1677 Fine Arts News
    Construction of the new Music Instruction Building began in the late summer of 2002 as the musicians in the Ball State School of Music watched in anticipation from the Hargreaves Music Building across Riverside Avenue. The hopes and dreams of a new facility were realized in August 2004, when the construction was completed and the music performance faculty began moving into their new home…. DEAN’S PERSPECTIVE The College of Fine Arts has enjoyed modern art of Hans Breder. Current prestigious artist series planned for the an exceptional year, with major highlights include Lustrous: A Celebration festive inaugural year. After two decades advancements being felt in all areas. of Art Glass designed by Frederick of distinguished service, the School of Following a national search, Carder, who was chief designer for Music celebrated the retirement of Doug the Department of Theatre and Dance Steuben Glass from 1903 to 1932. Amman with a gala performance of named Bill Jenkins department chair; The Department of Art received Thompson’s Testament of Freedom. hosted actress Lindsey Crouse grants that allowed students to visit the Clearly, the College of Fine Arts is (Places in the Heart, The Verdict) and Chicago Art Institute and the Cincinnati making significant progress, but we need choreographer Bill Evans for a series Museum of Art, expanding their your help in providing critical scholarship of master classes; produced a stellar knowledge and horizons, and to bring support for talented students and in season of events, including a superb in minority artists for exhibitions and securing vital resources for our curricular rendition of Our Town; held increasingly master classes.
    [Show full text]
  • Historymusicdepartment1 1
    THE HARVARD UNIVERSITY DEPARTMENT OF MUSIC 1991 TO 2011 Compiled and Edited by Lesley Bannatyne 2015 John Knowles Paine Concert Hall. Photo by Shannon Cannavino. Cover photos by Kris Snibbe [Harvard News Office], HMFH Architects, Inc., Harvard College Libraries, Rose Lincoln [Harvard News Office] THE HARVARD UNIVERSITY DEPARTMENT OF MUSIC 1991 TO 2011 Compiled and Edited by Lesley Bannatyne Department of Music Harvard University Cambridge, Massachusetts 2015 Photographs in this volume were provided by the Department of Music unless otherwise noted. Articles are reprinted from the Department’s newsletters, Harvard Crimson and Harvard Gazette. © 2015 President and Fellows of Harvard University 2nd printing January 2017 All rights reserved. CONTENTS Preface vii Chapter One: The Chairs 1 Chapter Two: Undergraduate Studies 11 Chapter Three: Graduate Studies 23 Chapter Four: Musicology 33 Chapter Five: Ethnomusicology 51 Chapter Six: Theory 67 Chapter Seven: Composition 77 Chapter Eight: Performance 97 Chapter Nine: Conferences, Symposia, Colloquia, Lectures 111 Chapter Ten: Concert Highlights 119 Chapter Eleven: Eda Kuhn Loeb Music Library 127 Chapter Twelve: The Building 143 Appendices 151 Index 307 Music Department, 1992 Music Department picnic, late 1990s Appendices i. Music Department Faculty 151 ii. Biographical Sketches of Senior Professors, Lecturers & Preceptors 165 iii. Donors 175 iv. Teaching Fellows 179 v. Curriculum 183 vi. Fromm Commissions 207 vii. Recipients of the PhD degree 211 viii. Faculty Positions Held by Former Graduate Students 217 ix. Recipients of Department Awards and Fellowships 221 x Recipients of the AB degree and Honors Theses 227 xi. Visiting Committees 239 xii. Conferences, Colloquia, Symposia, Lectures 241 xiii. Concerts and Special Events 255 xiv.
    [Show full text]
  • Lyric Theatre Moves Into the Future Campus News Published for the Alumni and Friends of the School of Music at the University of Illinois at Urbana-Champaign
    sonoritiesWINTER 2017 The News Magazine of the University of Illinois School of Music Lyric Theatre Moves into the Future campus news Published for the alumni and friends of the School of Music at the University of Illinois at Urbana-Champaign. The School of Music is a unit of the College of From the Director Fine + Applied Arts and has been an accredited institutional member of the National Association of his magazine remains a vital way for Schools of Music since 1933. us to stay in touch with nearly 10,000 Edward Feser, Dean of the College of Fine + alumni and friends of the Univer- Applied Arts sity of Illinois School of Music. In it, Jeffrey Magee Kathleen Harleman, Acting Dean T Professor and you’ll find compelling stories that tend Director Jeffrey Magee, Director of the School of Music to be overshadowed by our state budget Emily Wuchner, Editor impasse. And yet, while we have been Aaron Godwin, Contributing Writer deeply affected by budget reductions, Michael Siletti, Copy Editor this issue vividly shows that we’re not Design and Layout by Studio 2D just surviving but thriving. Our opera program—now newly dubbed Lyric Theatre—exemplifies our ability Cover Photo by Darrell Hoemann Photography to thrive in challenging times. The term Lyric Theatre captures the varieties of sung Front Cover: Members of the Lyric Theatre @ theater our students will confront in the wider world. In this issue you will learn Illinois program perform in Cole Porter’s musical Kiss Me Kate during Spring 2016. about the program and its unique focus on cultivating the singing actor for the 21st- century stage—told from the point of view of a student who has had a role, onstage UI School of Music on the Internet: www.music.illinois.edu or off, in every production.
    [Show full text]
  • CH Pg 1,38.Indd
    1 BRONX TIMES Jan. 12-18, 2012 1 BRONX Jan. 12-18, 2012 To Advertise Call: 718-615-2520 Online: www.yournabe.com Free inside today nity classifieds s 26,29,31 Business Opps Pg 31 Instruction Pgs 27-29,31 Merchandise Pg 31 p Wanted • Financing / Loans • Career Training • Garage / Yard Sales The Bronx’s The Bronx’s elp Wanted • Business For Sale • Education Services • Merchandise Wanted elp Wanted • Misc. Business Opps • Tutoring • Merchandise For Sale • And More • And More • And More d Pg 30 Real Estate Pg 32 Services Pg 32 Automotive Pg 32 l, Commercial • Rentals • Beauty Care • Autos For Sale ntial Services • Properties For Sale • Handymen • Autos Wanted • Open Houses • Home Improvement • And More ovement • Commercial RE • And More torage • And More To Place Your Ad Call 718-615-2520 DICAL ➤ MEDICAL ➤ MEDICAL ➤ MEDICAL ➤ SALES 12 pages of Number One P WANTED HELP WANTED HELP WANTED HELP WANTED HELP WANTED Number One SALES OPPORTUNITIES Dental Assistant RN's, LPN's, BEAUTY Dist. for PAUL Dialysis Nurses/ Techs & MITCHELL, seeks exp'd, Orthodontist Office aggressive, self-motivated Psych Techs (With Exp) sales rep to service salons Work experience and references required, in Bronx. Est. territory. tification a plus. Must be highly energized, For Lincoln, Metropolitan & Kings Sal/Comm. PT, 3 days m player with positive attitude and excellent County Hospitals, Woodhull 914-921-1555 x 106 ustomer service and communication skills. Medical Center & multiple full Salary based on experience. Health, service clinics in Manhattan. Call 401k benefits available. 718-615-2520 Miracles Can Happen SmartSource Call Maria 917-826-5200 or send resume: To Advertise [email protected] 718-693-2600 Here Classifieds Dependable Sports Home Care me Health Aides (Bilingual a plus) /PCA Coordinators Bi-Lingual h/English, Chinese/English & Creole/English) HHA Core Aides Needed coupons Per Diem: Occupational Therapist Per Diem: Physical Therapist al Social Workers (Immediately in All Boros) Pages 35-37 Pages 30-34 eceptionist Position Available...Bilingual IMMEDIATE EMPLOYMENT pt.
    [Show full text]