Holley & Pearson-Farrer LLP served as co-bond counsel to the Dormitory Authority of the State of New York in connection with its issuance of $143.2 million of revenue bonds in a tax-exempt series and a taxable series.

The bonds were issued to finance the construction and renovation of residential student housing for The New School, a private university in New York City. A portion of the tax-exempt bonds were also used to refund certain outstanding bonds.

H|PF Role
Significance
  • Financed a residential student housing project at The New School
Par
$143.2 million
Issuer
Dormitory Authority of the State of New York
Borrower

The New School, New York, New York

Closing Date
March 2022
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