Impact Downtown Albany

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 […]

DeFazio’s Pizzeria at Albany Distilling Now Open

September 3, 2021 – 1:58 pm

Photo by Kiki Vassilakis  DeFazio’s Pizzeria’s new location at Albany Distilling Co., DeFazio’s x ADCo, opened Sept. 3.  Located at 75 Livingston Ave., between Broadway and North Pearl Street and theREP’s nearby newly opened space, DeFazio’s is welcomed to ADCo as the evolving district’s latest attraction. Albany Distilling expanded into the space in 2018 following a $1 million renovation supported in […]

#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 […]

RFP: Construction Management Services For Clinton Market Collective Project

July 28, 2021 – 3:24 pm

Capitalize Albany Corporation is seeking proposals from qualified construction managers to provide construction management services in connection with the construction of an innovative open space with amenities and concessions along Clinton Avenue in Downtown Albany, New York that is expected to go into construction in 2022. Proposals from respondents seeking to bid on and/or self-perform […]

$12 Million In Additional Investment to Revitalize 61 N. Pearl St., 66 State St., Bringing 42 More Apartments to Downtown Albany

July 22, 2021 – 4:48 pm

Redburn Development Expands Downtown Living Options Following Success of Its Initial $80 Million Investment   Press release available here   Furthering Impact Downtown Albany plan implementation Redburn Development Partners is moving forward with two additional historic redevelopment projects in downtown Albany at 61 N. Pearl St. and 66 State St. after experiencing strong demand for […]

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 […]

#DowntownWorks For Upside Collective

June 23, 2021 – 9:45 am

With a need for more space, the design and marketing firm Upside Collective started looking to relocate within the Region from its old home and the company had to cast a wide net before settling on its current location at 80 State St. in downtown Albany. “We looked all over the place within reason,” said […]

$56 Million Historic Clinton Avenue Apartments Renovation Completed In Arbor Hill Neighborhood

June 3, 2021 – 2:34 pm

70 Row Houses Now Offer 210 Energy-Efficient, Affordable and Supportive Homes for Families  Full Press Release Available Here Announced by Governor Andrew Cuomo, today marked the completion of Home Leasing’s $56 million rehabilitation of 70 distressed row houses along historic Clinton Avenue and Ten Broeck Street in Albany. The Clinton Avenue Historic Apartments now offers […]

#DowntownWorks For Picotte Cos.

May 24, 2021 – 12:28 pm

For evidence of Picotte Cos.’ faith in the resiliency and staying power of Albany, look no further than 111 Washington Ave., located at the edge of downtown and just steps from the heart of the city’s urban core. The company, which is one of the largest owners of private office buildings in the region, invested […]