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Back To Business: Overit

July 14, 2021 – 7:53 am

With the coronavirus pandemic waning and the New York economy fully reopened, businesses are trying to figure out what practices and lessons from the past year to maintain and what to jettison in the so-called new normal. That’s the case with the Albany-based marketing and public relations agency Overit. “One of the positives from the […]

Back To Business: Brick House Insurance

July 6, 2021 – 11:09 am

When Andrew and Mckenzie Pope conceptualized Brick House Insurance just over a year and a half ago, they pictured a place where new customers might drop by to discuss policies, existing customers could come in to pay bills and in-person meetings to drum up new business would be standard practice. They found what they thought […]

Landmark Albany Apartment Community Welcomed To Albany As Part of $56 Million Investment By Dawn Homes Management

June 23, 2021 – 4:37 pm

Dawn Homes Management LLC today announced the grand opening of ‘Landmark Albany,’ the newly completed market-rate apartment community in the City of Albany. The 252-unit development is part of Dawn Homes’ $56 million investment on Sandidge Way, off Fuller Road and adjacent to SUNY Polytechnic Institute.   Creating a lasting citywide economic impact, Dawn Homes’ […]

#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 […]

Back To Business: New World Bistro Bar

June 8, 2021 – 1:03 pm

When New World Bistro Bar re-opened at the end of April, things were very different than they had been when the popular Delaware Avenue restaurant closed mid-January – and not just because of the pandemic.    “Since the pandemic started, we’ve opened, we’ve closed we’ve opened just takeout, we’ve had a few chefs,” said New […]

$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 […]

REDC Round XI CFA Process Update

June 1, 2021 – 1:25 pm

Governor Cuomo’s transformative Regional Economic Development Councils Round XI consolidated funding application (CFA) process is underway and Capitalize Albany staff is available to assist local applicants, continuing its role as the local clearinghouse for project proposals located within the City of Albany. The 2021 funding round includes more than $750 million in state economic development resources.  Capitalize Albany staff will coordinate letters of support from […]

Webinar On June 2: REDC Round XI CFA Process

May 25, 2021 – 5:14 pm

On June 2 at 10 a.m. The New York State Economic Development Council and Empire State Development will be hosting an online webinar for an overview of the CFA application process including how to access the Consolidated Funding Application, new changes to the award timeline, and information for how to connect with appropriate Regional Councils […]

#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 […]

Regional Economic Development Councils Initiative Round XI CFA Process Now Open

May 11, 2021 – 5:52 pm

Governor Cuomo’s transformative Regional Economic Development Councils Round XI consolidated funding application (CFA) process was announced today, the application portal is now open and Capitalize Albany staff is available to assist applicants. The 2021 funding round includes more than $750 million in state economic development resources.  Round XI core funding includes $225 million in grants and tax credits to fund high value […]