Capitalize Albany Corporation Expands Staff to Improve Outreach

May 6, 2015



There are three new faces at Capitalize Albany Corporation, a private, non-profit that serves as the economic development arm for the city of Albany, New York. Sabina Mora, senior economic developer; Ashley Lavigne, senior economic developer II; and Michael Bohne, communications and marketing assistant, recently joined the staff.

They are filling vacancies and are part of an effort to increase outreach, said president Sarah Reginelli. She oversees a staff of eight.

Capitalize Albany, based at 21 Lodge St., administers a range of services for developers and property owners, including tax breaks available through the city Industrial Development Agency and a loan program that has supported six real estate projects over the past three years. Those projects created 124 market-rate apartments, an investment that exceeded $24.3 million. Capitalize Albany has helped develop 185 market-rate units downtown.

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