The Downtown Albany Strategy (DAS) fund application portal is now open. The $200 million in Downtown Albany Strategy funding is part of Governor Kathy Hochul’s broader Championing Albany’s Potential (CAP) Initiative. Information about applying for DAS funding through the NYS Consolidated Funding Application and Program guidelines are now available through Empire State Development’s CAP Initiative […]
Author Archives: Mike
Capitalize Albany Advances Liberty Park Redevelopment with RFP Addendum Aligned to Downtown Albany Strategy
February 26, 2026 – 11:29 am
Refinement Opportunity Positions Projects to Leverage up to $40 Million in Dedicated Funding The City of Albany’s economic development organization, Capitalize Albany Corporation, has released an addendum to master development respondents of its Liberty Park Acquisition and Redevelopment request for proposals (RFP). The addendum, which was prepared in consultation with Empire State Development […]
Refinancing of Tax-Exempt and Taxable Bonds Through City of Albany Capital Resource Corporation to Support Avila Retirement Community Improvements and Long-Term Sustainability
February 25, 2026 – 3:57 pm
View Announcement Press Release Financing made possible with the issuance of up to $30 million in tax-exempt and taxable bonds will support the Avila Retirement Community, allowing for the refinancing of existing debt and funding of capital improvements to the retirement community’s independent living campus located at 100 White Pine Drive in Albany. […]
RSVP | Grant Writing: The Core Components
January 28, 2026 – 4:47 pm
Update | Please Note the workshop location has changed: This grant writing workshop has changed venues due to an increase in interest and to accommodate space for attendees, the event will now be held at the Albany Library Howe Branch on 105 Schuyler Street in the large community room. Registration for this event closed […]
Albany Center Gallery Opens New and Expanded North Pearl Street Location
January 21, 2026 – 3:25 pm
Community residents gathered at 48 North Pearl Street to tour Albany Center Gallery’s new and expanded home and experience the 21st Annual Members’ Show on Jan. 16. Complementing its grand opening, the show is the inaugural exhibition in the new location featuring work from 276 ACG artists and members. […]
Newest Neighborhood Gathering Spot, The Boulevard Now Open In Albany
December 17, 2025 – 11:16 am
Long-Time Albany restaurateur Cheri West Brings An American Grill With A Taste of Italy to the former Sam’s Italian American Restaurant Space at 125 Southern Boulevard View Announcement Press Release A new neighborhood gathering spot, The Boulevard, officially celebrated its grand opening on Wednesday with a ribbon cutting ceremony. The newly renovated sports bar and […]
STUDIO23, Hair And Nail Salon In Downtown Albany Opens New Expanded Location
December 9, 2025 – 3:23 pm
Newly Renovated Space at 29 North Pearl Street Expands Services, Supports Stylist Growth, and Strengthens Downtown’s Creative Business Landscape STUDIO23, the hair and nail aesthetic salon founded by sisters Crystal Mallett-Williams and Christina Mallett, celebrated the grand opening of its expanded location at 29 North Pearl Street in downtown Albany today. Made possible […]
#AlbanyIsAllBiz | Hot Crispy Oil Relocates and Expands in Albany
October 29, 2025 – 4:05 pm
Hot Crispy Oil, the Albany-based specialty condiment company that captured the taste buds of food enthusiasts nationwide, is embarking on a new chapter. The company, founded in 2020 by John Trimble, recently relocated its operations to a larger facility at 24 Thatcher Street in Albany, marking a significant step forward in its plans for growth. […]
Downtown Albany Expands Culinary Landscape With Japanese-Italian Fusion Restaurant, Itameshi Is Now Open
October 7, 2025 – 4:19 pm
A new restaurant is bringing Japanese-Italian fusion cuisine to downtown Albany. Itameshi is located at 745 Broadway on the ground-floor of Industrie Apartments, which was developed by The Rosenblum Companies. Itameshi officially opened Tuesday. View this post on Instagram […]
Event: Getting Grant Ready
October 2, 2025 – 11:01 am
Join Capitalize Albany staff and representatives from the UpState New York Black Chamber of Commerce, the Downtown Albany Business Improvement District and the Central Avenue Business Improvement District for an in-person technical assistance workshop providing a foundation to grant writing with Q&A opportunities, tips on tools and best practices for preparing successful grant proposals. This […]
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