Monthly Archives: December 2013

Two Downtown Residential Projects Approved By IDA Board

December 19, 2013 – 6:34 pm

On Tuesday, December 19th the City of Albany IDA board approved two significant mixed-use projects on Broadway in Downtown Albany. The projects are located on 412 Broadway and 488 Broadway (the former Arcade building) and upon completion will bring online 100 new residential units and over 100,000 square feet of mixed-use retail and residential space […]

City of Albany Projects Receive More Than $14.5 Million From REDC Round 3 Initiative

December 12, 2013 – 8:38 pm

The Regional Economic Development Council initiative awarded City of Albany projects with more than $14.5 million in funding yesterday. Overall, the Capital Region was named a top performer at the awards, receiving a total of $82.8 million in funding and finishing a close second to Long Island. Of the 100 projects awarded in the Capital […]

Capital Region Announced As Winner at REDC Round 3 Awards

December 11, 2013 – 7:53 pm

This morning, Governor Cuomo and the Regional Economic Development Council announced the round 3 award winners. The Capital Region was announced as a top performer, with an awarded amount of $82.8 million, finishing a close second to Long Island. As of Tuesday afternoon, City of Albany projects that have been announced as funded include CNSE, […]

Capital Yogurt Opens on New Scotland Avenue

December 3, 2013 – 5:55 pm

Mayor Jerry Jennings, accompanied by owners Arlene and Paul Rappoccio and Common Council member James Sano, cut the ribbon at the New Scotland neighborhood’s newest business: Capital Yogurt. Capital Yogurt is located on 255 New Scotland and is a family owned establishment that offers serve-yourself frozen yogurt. For full press release click here.