In response to Governor Cuomo’s announcement in the summer about the new Regional Economic Development Council initiative, the Capitalize Albany Corporation and partners have acted swiftly to solicit public engagement. Over the past few weeks Capitalize Albany Corporation has conducted a survey and held a forum, Prioritizing Albany, to assist with the development of a […]
Author Archives: Mike
Capital Region Economic Development Council: Local Advisory Report Completed
October 27, 2011 – 8:03 pm
Developers are working to meet the strong demands for downtown Albany living
March 14, 2011 – 3:50 pm
Albany’s downtown apartment market is starting to sizzle. Over fifty new residential units have been added in the last few years. And according to the building owners, all of those units are fully rented and there is strong demand for more. In addition to those fifty units, the number of projects in the pipeline is […]
New Apartments Coming to Downtown Albany
January 13, 2011 – 8:50 pm
Albany, NY – The Capitalize Albany Corporation has approved financial assistance to support another downtown residential project that will rehab a vacant building. This project will continue the trend of downtown residential development, with 4-6 Sheridan, LLC, redeveloping the 20,000 square foot building located on Sheridan Avenue between North Pearl and Chapel Streets. “Today is […]
Formerly Abandoned Park South Building Now Home to 9 Fully Renovated Apartments
October 27, 2010 – 5:18 pm
Albany, NY – Officials from the Capitalize Albany Corporation, joined developers Lou Chicatelli and Chris Maddalone, Mayor Jennings, KeyBank, and local residents to celebrate the opening of a newly renovated apartment building in Albany’s Park South neighborhood. “Today is an exciting day for this neighborhood,” said Mayor Jennings. “This new building will provide high quality […]
Capitalize Albany Corporation Celebrates Opening of 16 New Scotland Avenue
October 25, 2010 – 5:50 pm
Albany, NY – Mayor Jennings today officially cut the ribbon on the newest building on New Scotland Avenue. He was joined by James J. Barba, president and CEO of Albany Medical Center; Michael J. Castellana, president and CEO of SEFCU; and officials from Columbia Development, Capitalize Albany Corporation, CVS, the City of Albany, and Empire […]
50’S STYLE DINER OPENS IN HEART OF ALBANY’S DOWNTOWN ENTERTAINMENT DISTRICT
September 16, 2010 – 6:40 pm
ALBANY, N.Y. – Mayor Jennings joined Nicholas and Anthony Mitsios, owners of The Pearl Street Diner, Commissioner John C. Egan of the New York State Office of General Services, and other elected officials today to formally open the newest diner in downtown Albany. The Pearl Street Diner is located at 40 North Pearl Street in […]
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