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Thursday, January 14, 2016

Window of hope

It turns out the decision 50 years ago to locate New York Law School in Manhattan's Tribeca neighborhood might just bolster the institution's finances for the future. The private school, founded in 1891, sold $139 million of tax-exempt debt through the Build NYC Resource Corp. on Tuesday at lower than initial yield levels, with investor demand more than four times the amount of securities sold.
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