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Central Warehouse Redevelopment Awarded $9.75 Million Through First Round Of The Restore New York Communities Initiative

December 20, 2022 – 3:56 pm

            View this post on Instagram                         A post shared by Capitalize Albany Corporation (@capalbanycorp) Governor Kathy Hochul Announced Today Albany’s $9.75 Million Special Project Award View Announcement Press Release Led through a partnership between development team Redburn Development […]

#AlbanyIsAllBiz For Far Shot Recreation

December 15, 2022 – 4:06 pm

Benn MacDonald is an unabashed downtown Albany booster. “I love the skyline; I love The Egg; I love everything about it,” the president of Far Shot Recreation, which operates a series of axe and knife throwing and archery facilities in the Northeast- including one that opened at 69 N. Pearl St. in 2019. MacDonald, who […]

#DowntownWorks For Far Shot Recreation

December 15, 2022 – 3:28 pm

Benn MacDonald is an unabashed downtown Albany booster. “I love the skyline; I love The Egg; I love everything about it,” the president of Far Shot Recreation, which operates a series of axe and knife throwing and archery facilities in the Northeast- including one that opened at 69 N. Pearl St. in 2019. MacDonald, who […]

Guidelines Available Now For New Small Business Building Improvement Grant Program, Launches In January

December 14, 2022 – 1:15 pm

Up To $750,000 In Reimbursable Building Improvement Grants To Support Ongoing Post-Covid Recovery Efforts Will Be Available; Applications Open Starting Early January Program guidelines for Capitalize Albany’s new Small Business Building Improvement Grant (BIG) Program are available to review in advance of opening the program to applicants in early January. Click Here To View Program […]

#DowntownWorks For O’Connell & Aronowitz

December 8, 2022 – 3:06 pm

O’Connell & Aronowitz, one of the Capital Region’s oldest law firms, has deep ties to the City of Albany and a long commitment to its downtown. It opened its doors in 1925 with two founding attorneys from opposite ends of the political spectrum: Edward J. O’Connell, chairman of the Albany Democratic Committee and brother of […]

#AlbanyIsAllBiz | Bard & Baker Celebrating One-Year Anniversary In Albany This Month

October 27, 2022 – 2:22 pm

In times of old, a bard was a traveling entertainer who composed and recited epic poems, often while accompanying themselves on a harp or lyre, entertaining audiences with tales of heroism and derring-do. That tradition resonated with Charlotte Guyton, who has built a career in the hospitality industry, and is the owner and general manager […]

Refinancing of Tax-Exempt Bonds Through City Of Albany Capital Resource Corporation To Support Albany College of Pharmacy And Health Sciences

October 20, 2022 – 9:51 am

View Announcement Press Release The refinancing of the Albany College of Pharmacy and Health Sciences’ (ACPHS) previously issued 2007A and 2008A tax-exempt bonds will in part support the institution in taking ownership of student housing facilities which were projects supported by the initial bonds issued. This will create administrative efficiencies and support savings, allowing ACPHS […]

$3.25 Million New Construction Multifamily Residential Project Completed at 191 North Pearl Street

October 19, 2022 – 4:07 pm

Investment Transforms Vacant Lot, Boosts Revenue to Local Taxing Jurisdictions, Strengthens Neighborhood Connectivity, and Creates 18 New Apartments View Announcement Press Release Here Local officials and community members today joined developers Ron Stein and Pete Tryon and their development team comprised of BSNB, Franco Construction and C2 Design, in cutting the ribbon on the latest […]

Clinton Market Collective Construction Bid Opportunity: Information For Contractors And Trade Experts

September 20, 2022 – 1:43 pm

Update 9/29/22: Interested bidders, please click here to review Addendum #1 and note the below due date has been updated. Capitalize Albany Corporation is now seeking bids for construction of its Clinton Market Collective project. TW&A Construction Management, a New York State Women-Owned Business (WBE) is serving as the construction manager for the project. Construction […]

Survey & Public Workshop: Help Bring $10 Million To South Pearl Street

August 30, 2022 – 9:59 am

The City of Albany is preparing to put forward an application for South Pearl to compete in the sixth round of the New York State Downtown Revitalization Initiative (DRI). The City of Albany would like your participation in creating the strongest application possible. Please attend a community workshop on September 6th from 6:00 – 7:30 p.m. at the […]