Look Up on North Pearl and Pine Streets to Find The Newest Downtown Apartments

March 6, 2018

Press Release: Click Here To Read More

Photos available at Capitalize Albany’s Facebook Page

Renovation of 99 Pine Street’s upper floors is completed, bringing 35 new market-rate residential units to the Residences at Capital Center, in the heart of downtown Albany. A $6.6 million investment, the renovation and partial conversion on the property’s third, fourth and fifth floors, 34,000 sq. ft. in total, transformed old office space into market-rate residential units. In total the 5-story property on the corner of streets North Pearl and Pine consists of three buildings which have been combined internally over the years, totaling approximately 101,700 sq. ft. of retail and office space. With several tenants already occupying the building, an official ribbon cutting ceremony was held on Tuesday to recognize the project’s completion.

The project encompasses 35 units, a mix of studio and one bedroom spaces, penthouse space, amenities including indoor and outdoor terraces and washer/dryer units. The building has multiple community spaces available for use including a theater room, fitness center and a rooftop dog park. The Residences at Capital Center is a project made possible with support provided by the City of Albany Industrial Development Agency and Capitalize Albany Corporation.