Yearly Archives: 2010

Formerly Abandoned Park South Building Now Home to 9 Fully Renovated Apartments

October 27, 2010 – 5:18 pm

Albany, NY –  Officials from the Capitalize Albany Corporation, joined developers Lou Chicatelli and Chris Maddalone, Mayor Jennings,  KeyBank, and local residents to celebrate the opening of a newly renovated apartment building in Albany’s Park South neighborhood. “Today is an exciting day for this neighborhood,” said Mayor Jennings. “This new building will provide high quality […]

Capitalize Albany Corporation Celebrates Opening of 16 New Scotland Avenue

October 25, 2010 – 5:50 pm

Albany, NY – Mayor Jennings today officially cut the ribbon on the newest building on New Scotland Avenue. He was joined by James J. Barba, president and CEO of Albany Medical Center; Michael J. Castellana, president and CEO of SEFCU; and officials from Columbia Development, Capitalize Albany Corporation, CVS, the City of Albany, and Empire […]

50’S STYLE DINER OPENS IN HEART OF ALBANY’S DOWNTOWN ENTERTAINMENT DISTRICT

September 16, 2010 – 6:40 pm

ALBANY, N.Y. – Mayor Jennings joined Nicholas and Anthony Mitsios, owners of The Pearl Street Diner, Commissioner John C. Egan of the New York State Office of General Services, and other elected officials today to formally open the newest diner in downtown Albany.  The Pearl Street Diner is located at 40 North Pearl Street in […]

MAYOR JENNINGS ANNOUNCES MAJOR NEW ECONOMIC DEVELOPMENT PROGRAMS

June 23, 2010 – 11:07 am

Capitalize Albany Corporation and Albany Parking Authority Team Up to Offer New Incentives Albany, NY – Mayor Jennings today announced that the Capitalize Albany Corporation and the Albany Parking Authority (APA) are teaming up to offer business and real estate development tools designed to spur investment and job creation in the City of Albany. The […]

MAYOR JENNINGS CUTS RIBBON ON NEW LUXURY CONDO PROJECT IN DOWNTOWN ALBANY

May 20, 2010 – 5:04 pm

Mayor Also Announces Enhancements to 485-a Tax Incentive Program Albany, NY – The City of today unveiled a new luxury condominium project in the downtown area. Mayor Jennings was joined by developers Jack and Seth Rosenblum to celebrate the launch of this new project at 17 Chapel Street. The Rosenblums’ project will transform an abandoned […]

Albany Convention Center Authority Acquires Third Key Property in Six Months

May 14, 2010 – 6:48 pm

ALBANY, N.Y.(February 24, 2010)  — The Board of Directors of the Albany Convention Center Authority (ACCA) today approved the purchase of a .3 acre parcel of land for the proposed New York State convention center in downtown Albany.  This purchase, the third in six months, brings the Convention Center Authority one step closer to assembling […]

College of Saint Rose awarded the Jacob H. Herzog Leadership Award for outstanding service to the City of Albany

May 14, 2010 – 6:44 pm

Albany, NY – The College of Saint Rose was recently awarded the Jacob H. Herzog Leadership Award by the Capitalize Albany Corporation.  The award was presented by Kevin O’Connor, Chairman of the Board of Directors of the Capitalize Albany Corporation, at the organization’s annual member celebration on December 17th 2009. Since 1995, the Herzog award […]