Dasny OKs sale of New York University bonds for up to $73.03 million

By Sheri Kasprzak

New York, Feb. 29 - The Dormitory Authority of the State of New York gave the go-ahead to a negotiated sale of fixed- and/or variable-rate taxable bonds for New York University, according to a statement from the authority.

The maturities for these bonds will not exceed 40 years.

Proceeds will pay all or a part of a line of credit used to construct the NYU Global Center for Academic and Spiritual Life.

New York University is a New York City-based research university.

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