Business Development

Capitalize Albany Launches Neighborhood Retail Grant Program and More Than $300,000 to Support Retail, Business Growth In Albany

January 12, 2022 – 12:33 pm

Four Programs In 2022 Aimed at Attracting Retail Tenants, Reinvestment and Façade Rehabilitation, Driving Foot Traffic to Commercial Districts Announcement’s Press Release Available, Here Informational PDF Flier Available Below and Here The City of Albany’s economic development organization Capitalize Albany Corporation announced today the launch of its grant programs available for 2022 including a new […]

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 […]

Kenmore Ballroom Welcomed To Downtown

September 16, 2021 – 2:51 pm

Read the announcement press release here. An historic event venue, the Rain-Bo Room, is now reimagined. With owners Katie O’Malley Maloney and Nate Maloney, the Kenmore Ballroom was welcomed to downtown Albany today. Recognizing the opening and reimagining of this historic space following Redburn Development’s $36M investment in 76 N. Pearl St., the Kenmore Ballroom […]

#DowntownWorks For Sidebar, Coming Soon

August 24, 2021 – 9:18 am

Mike Lynch has eaten and cooked his way around the world – including a period at Nicole’s Bistro when it was located in downtown Albany’s Quackenbush Square. Along the way he became a certified sommelier and owned two restaurants in South Florida. But through it all – over a period of two decades, he says […]

After Nearly a Decade of Service, Tracy Metzger Retires From City Industrial Development Agency and Capital Resource Corporation Board of Directors

July 22, 2021 – 3:10 pm

More Than $900 Million In Transformational New Investment Assisted During Her Tenure View Press Release  Longtime City of Albany Industrial Development Agency and Capital Resource Corporation (CAIDA/CRC) Board of Directors member Tracy Metzger announced she will step down from her respective posts effective Aug. 19. Metzger, a respected entrepreneur and commercial real estate broker with […]

Fashion Designer Opens Gallery In Downtown Albany

July 15, 2021 – 2:55 pm

Downtown’s latest addition – Etrice Gallery – a space dedicated to highlighting local artists across mediums, was officially welcomed, and opened in downtown today. Made possible with support from the Downtown Albany Retail Grant Program, Etrice Gallery is in the newest storefront to open as part of Redburn Development Partners’ more than $80 million investment […]

United Way Is Bringing Coworking To Downtown Albany At The Blake Annex Supporting Nonprofit Community

May 8, 2021 – 2:45 pm

Downtown is welcoming a new coworking space designed specifically to meet the needs of the area’s burgeoning nonprofit community. The United Way of the Greater Capital Region’s Blake Annex is housed in 24,000 square feet on two floors in the former Steuben Club and Kenmore Hotel at 76 N. Pearl St. – landmark historic buildings […]

Back To Business: Capital Region Ujamaa Market

April 19, 2021 – 6:38 pm

The concept for the Capital Region Ujamaa Market predated the coronavirus pandemic, but the health crisis and the economic downturn it caused – as well as a national focus on social justice and equity – crystalized the need for an effort to support and showcase local Black-owned businesses, according to the market’s founder, George Lopez, […]

#DowntownWorks For Key Capture Energy

April 6, 2021 – 12:36 pm

Dan Fitzgerald co-founded the start-up company Key Capture Energy, an independent developer of utility-scale energy battery storage projects, in Houston, Texas in 2016. It was, at the time, a natural fit as Texas has long been known as the nation’s energy capital. But for Fitzgerald, a lifelong New York resident and UAlbany graduate, the idea […]

Back To Business: Irie Vybez

March 18, 2021 – 5:23 pm

Shaun Freeman believes that to be a successful entrepreneur “you have to get uncomfortable” in order to remain sharp and innovative. But the discomfort and upheaval that resulted from the early months of the coronavirus pandemic last year was  more than even the co-founder and owner of the popular Central Avenue Jamaican restaurant Irie Vybez […]