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$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 […]

Expansive Is ‘Bullish On The Future Df Downtown Albany’

May 11, 2021 – 10:15 am

#DowntownWorks for the newly rebranded Chicago-based Novel Coworking making its debut in New York at 69 State Street Novel Coworking isn’t Novel anymore. The Chicago-based company, which has 40 locations around the country and opened its first location in New York in downtown Albany this past February, has rebranded as “Expansive.” “It better fits our […]

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 […]

Downtown Albany Welcomes Its First New York Farm Meadery

April 30, 2021 – 3:02 pm

A former Albany County Land Bank property is now home to downtown Albany’s first New York Farm Meadery, following the building’s purchase and restoration by investors William “Tragedy” Yager and Patrick Chiou. Located at 140 Hamilton Street, The Bull and Bee: Meadery & Tasting Room was welcomed with a ribbon cutting ceremony April 30.  Named […]

#DowntownWorks For Garfunkel Wild

April 27, 2021 – 10:40 am

Working with Carrow Real Estate Services, when it came time to renew their lease at 677 Broadway in downtown Albany, the attorneys at Garfunkel Wild, PC didn’t have to think too hard. “Number one, we love our space here,” said firm partner Jim Dering. “I do believe it’s some of the nicest space in the […]

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, […]