Redburn Development Will Renovate The Historic Huck Finn’s, Creating 260 Market-Rate Apartments With Indoor & Outdoor Amenities, 48,000 Square Feet Of Commercial Space Announcement’s press release, here Redburn Development Partners is moving forward with a project that will further strengthen the City’s growing warehouse district, transforming a downtown landmark – The Warehouse at Huck Finn […]
Author Archives: Mike
$65 Million Investment To Transform Iconic Albany Warehouse, Development of Distinctive Mixed-Use Project
December 16, 2021 – 2:13 pm
Projects In City of Albany Receive $9.3 Million from Regional Economic Development Council (REDC) Initiative Round XI
December 15, 2021 – 11:57 am
The New York State Regional Economic Development Council (REDC) initiative awarded projects announced Tuesday will support new investment and activity in the City of Albany, projects in Albany were awarded $9.3 million ($9,317,100). Overall, the Capital Region was awarded a total of $48.4 million in funding for 79 projects. Of these 79 projects, 12 directly […]
Capitalize Albany Unveils Final Designs for Clinton Market
December 11, 2021 – 10:43 am
Immersive Views Provide Sneak Peek at Reimagined ‘Federal Park’ for 2022 Construction to Strengthen Neighborhood Connectivity and Create A More Retail, Pop-Up, and Event-Friendly Space Announcement’s press release available, here. As part of its display at 11 Clinton Ave. Capitalize Albany Corporation unveiled final designs for its Clinton Market Collective project based on feedback from […]
#BuildingAlb2021: Five Questions With Home Leasing CEO Bret Garwood
December 9, 2021 – 9:12 am
Q: What attracted Home Leasing to Albany? A: We have a history of doing a lot of work in Rochester and as a company we wanted to expand, and Albany was really interesting. One of the things we like to focus on is real community-based projects that won’t just create affordable housing but accomplish more […]
Park South Neighborhood Welcomes Morris Place Apartments
November 22, 2021 – 2:13 pm
$5.3 Million Project Completion Marks Distinct Milestone For Neighborhood’s Ongoing Transformation, Revitalization View announcement’s press release here. The Park South Neighborhood crossed another critical milestone welcoming Morris Place Apartments, a new 28-unit, five-story multifamily apartment building at 105 Morris St. — a key component of the area’s successful Urban Renewal Plan implementation: https://t.co/eAioDtio6b pic.twitter.com/Zs18DQxDM2 — […]
The Rise | Pine Hills Apartments, Welcomed To Albany Fully Leased
October 29, 2021 – 3:49 pm
The Rise | Pine Hills Apartments, welcomed to #Albany‘s Pine Hills — with building demand its 110 apts. are fully leased — a $16M investment, generating millions in additional revenue for taxing jurisdictions and bringing new neighborhood amenities… https://t.co/diyiw4Xbat pic.twitter.com/JEgsHvEwup — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) October 29, 2021 Reinvesting $16.2 million into the former site of […]
Back To Business: The Kenmore Ballroom
October 28, 2021 – 3:48 pm
Though she grew up in Massachusetts and California, Katie O’Malley Maloney has long-standing ties to Albany. In 1998 – then just Katie O’Malley – she was crowned the City’s 50th anniversary Tulip Queen, an experience she says taught her how to be a better leader and left her with a sense of responsibility to make […]
Refinancing Of Civic Facility Revenue Bonds Through City Of Albany Capital Resource Corporation To Support Brighter Choice Elementary Charter Schools
October 21, 2021 – 2:57 pm
View announcement’s press release With interest rates currently more favorable, the refinancing of the Brighter Choice Elementary Charter School’s previously issued tax-exempt civic facility revenue bonds will save the college $168,000 annually and allow the school to further reinvest and support the retention of its 54 existing employees. Located at 250 Central Ave., since 2005 […]
$12.1 Million Investment To Strengthen Neighborhood Connectivity
October 21, 2021 – 2:14 pm
New Construction Of 60 Unit Market-Rate Apartment Complex To Create At Least 115 Construction Jobs And Bring $3.2 Million Additional Revenue To Local Taxing Jurisdictions View announcement’s press release A new construction market-rate multi-family residential project located at 25 Holland Ave. near the intersection of Delaware and Holland avenues will transform the 1.2-acre vacant site. […]
Refinancing of Tax-Exempt Revenue Bonds Through City Of Albany Capital Resource Corporation To Support The College of Saint Rose
September 23, 2021 – 3:35 pm
View Announcement Press Release With interest rates currently more favorable, the refinancing of the College of Saint Rose’s previously issued tax-exempt revenue bonds will save the college approximately $950,000 annually and allow the institution to further reinvest and support the retention of its 597 existing employees. The College of Saint Rose has been a part […]
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