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Nylink, a library cooperative program that is part of the State University of New York, but that also serves libraries in the City University of New York and those at private colleges, is folding. “Unfortunately, the revenue just isn’t there any longer, and we have no choice but to wind down operations,” said a statement from W. David Penniman, executive director of Nylink. “We are working with our staff, vendors and members to ensure a smooth transition over the next 12 months.”