On November 2, BM&T Restaurant Group (BM&T) owners Brian Viglucci, Michael Viglucci Jr., Tony Lounello and Ama Cocina general manager Jessica Evans were joined by Albany Mayor Kathy Sheehan, Sarah Reginelli, Capitalize Albany Corporation president and CEO of the City of Albany Industrial Development Agency, and Downtown Albany BID executive director Georgette Steffens in officially […]
Author Archives: Mike
Ama Cocina Officially Opens In Downtown: 4-6 Sheridan Avenue Commercial Space Filled
November 2, 2015 – 10:31 pm
Steuben Place Apartments Unveiled
October 26, 2015 – 6:19 pm
The City of Albany, Omni Development Company, Inc. (Omni), Capitalize Albany Corporation, the City of Albany Industrial Development Agency, and Downtown Albany Business Improvement District (BID) held a grand opening of the Steuben Place Apartments, located at 40 Steuben Place (58 N Pearl Street), on Monday, October 26, 2015 at 10:30 AM. Albany Mayor Kathy […]
Cornell University Urban & Regional Studies Students Visit Capitalize Albany
October 23, 2015 – 10:10 pm
On October 23, 30 students from Cornell University’s Urban and Regional Studies program visited Capitalize Albany Corporation and toured the City of Albany. The visit was part of a planned trip for students to learn more about Albany, what drives a city’s growth and best practices in economic development. The Organization of Urban and Regional […]
Renaissance Albany Welcomed To Downtown
October 21, 2015 – 8:57 pm
On October 21 a ribbon cutting ceremony was held and the Renaissance Albany hotel officially opened its doors. Columbia Development’s revitalization of Wellington Row continues to take shape. The hotel formerly known as the DeWitt Clinton was built in 1927 and was named after the former Governor of New York State. Hotel operations ceased in 1975 […]
Centennial Celebration of SUNY System Administration Building Kicked Off
October 19, 2015 – 5:04 pm
.@SUNY Plaza this AM in #downtownAlbany for the kick off of the SUNY System Admin. Building's centennial celebration pic.twitter.com/aTASPIW6C7 — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) October 19, 2015 State University of New York Chancellor Nancy L. Zimpher joined by Chairman of the Board for Capitalize Albany Corporation, Michael J. Castellana and President Sarah Reginelli, as well as […]
Coming Soon: Steuben Place Apartments at 58 North Pearl Street
October 14, 2015 – 10:28 pm
Space is filling up at the 29-unit Steuben Place Apartments. Construction is in its final stages and the $4.9 million mixed-use residential and retail project is expected to be completed in the coming weeks. Conversion of the six story, 47,300 square foot mixed-use retail and commercial office building into mixed-use retail and residential was made […]
Upstate Revitalization Initiative: Advancing The Region Through Focused Investment
October 6, 2015 – 8:01 pm
The Capital Region Economic Development Council is competing in Governor Cuomo’s 2015 Upstate Revitalization Initiative. The eight counties of New York State’s Capital Region came together and invested in the development of a five-year, focused investment plan for the Capital Region. The Capital 20.20 team’s plan describes in detail the transformative strategies and initiatives we will pursue together as […]
Coming Soon: Completed $10 Million Mixed-Use Residential Conversion of Arcade Building
September 29, 2015 – 1:51 pm
Construction is wrapping up and renovations are expected to be completed within the coming months at 488 Broadway. When completed, it will be the largest project of its kind in downtown Albany to date with 60 market-rate residential units on its upper floors and street level retail space. The $10 million renovation of the 75,000 square foot, five-story […]
Revitalization of Former Philip Livingston School Celebrated
September 24, 2015 – 9:06 pm
With the transformation of the former Philip Livingston Magnet Academy complete, Capitalize Albany Corporation joined WinnCompanies, Albany Mayor Kathy Sheehan, New York State and the Albany Housing Authority in celebrating the formal opening of the Livingston School Apartments. The now completed nearly $30 million project transformed this property, which was vacant for more than three […]
Capitalize Albany Board members Robert Curley and Dr. Robert Jones Recognized by the Albany Business Review
September 22, 2015 – 3:02 pm
Congratulations to Capitalize Albany Board members Robert M. Curley and Dr. Robert Jones, recognized as part of the Albany Business Review’s 2015 Achievers Awards. Robert M. Curley, New York State Chairman of Berkshire Bank was recognized as the Albany Business Review’s Executive of the Year and Dr. Robert Jones, President of the University at Albany received this year’s Game […]
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