Real Estate Development

101 New Student Housing Units Set to Support Growth at Albany World-Class Institutions

April 21, 2016 – 6:54 pm

City of Albany Industrial Development Agency Approves Application To Assist New Private Student Dorm Facility at 1385 Washington Avenue View Announcement Press Release Here   The City of Albany Industrial Development Agency board approved an application to provide financial assistance in the form of New York State sales and mortgage recording tax exemptions and real […]

City of Albany Mayor Kathy Sheehan Appoints Capitalize Albany President to New Task Force Studying Housing Affordability

April 21, 2016 – 3:24 pm

Her expertise will help the group navigate development economics, find implementable solutions that work for both the neighborhoods and the development community. Albany Mayor Kathy M. Sheehan announced yesterday that she has appointed a new task force on housing affordability that will consist of Albany housing experts as well as community stakeholders, including landlord and […]

Capitalize Albany Announces Grant Programs to Support Retail Business Growth in Albany

March 23, 2016 – 8:50 pm

Two Programs Aimed at Attracting Retail Tenants and Driving Foot Traffic to Commercial Districts Backed By City of Albany Capital Resource Corporation Capitalize Albany Corporation announced today the launch of two groundbreaking grant programs to benefit the City of Albany’s various commercial districts and its downtown’s retail market. At an informational programs launch event held […]

Two Warehouse District Projects Move Forward

February 29, 2016 – 4:22 pm

Impact Downtown Albany implementation is catalyzing change in Albany’s warehouse district. Undergoing a new transformation, it’s an exciting time as the district continues creating new opportunities for a new economy. New restaurants, retail and residential development projects are steadily taking shape as an ever-expanding vision for the district fuels even more growth. The Albany Planning Board recently approved the site […]

Welcome To 2016 In Albany

January 7, 2016 – 7:26 pm

It’s a new year with new opportunities on the horizon in the City of Albany. Capitalize Albany Corporation is looking forward to another year of new investments and building momentum in 2016. In review of 2015, Capitalize Albany would like to share some of the highlights from an extraordinary year of investment in the City of Albany. Click Here To […]

CITY OF ALBANY PROJECTS RECEIVE $21.8 MILLION FROM REGIONAL ECONOMIC DEVELOPMENT COUNCIL INITIATIVE ROUND V

December 10, 2015 – 11:11 pm

The Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $21.8 million ($21,841,067) in funding Thursday. Overall, the Capital Region was awarded a total of $98.1 million in funding for 114 projects. Of these 114 projects, 24 directly benefit activities within the City of Albany and will catalyze strategic initiatives and […]

Capitalize Albany Joins The Conversation on Talk of the Town With Albany Mayor Kathy M. Sheehan | WROW Magic 590-AM

November 18, 2015 – 4:05 pm

On Friday Nov. 13, Capitalize Albany Corporation president Sarah Reginelli joined City of Albany Mayor Kathy M. Sheehan on WROW Magic 590-AM’s Talk of the Town discussing citywide economic development initiatives‬, Impact Downtown Albany and the City of Albany’s building momentum. You can listen to that broadcast below. Are you interested in hearing about more of what’s […]

Revitalization of Former Philip Livingston School Celebrated

September 24, 2015 – 9:06 pm

With the transformation of the former Philip Livingston Magnet Academy complete, Capitalize Albany Corporation joined WinnCompanies, Albany Mayor Kathy Sheehan, New York State and the Albany Housing Authority in celebrating the formal opening of the Livingston School Apartments. The now completed nearly $30 million project transformed this property, which was vacant for more than three […]

Groundbreaking Celebrates Beginning Construction of New 277 Room Student Apartment Complex In Albany

August 13, 2015 – 5:36 pm

Aspen at Albany is the new $27.5 million, four-story student apartment complex being built at 1475 Washington Avenue. The 277-room complex is expected to be ready for occupancy by the start of the fall 2016 semester. The development team gathered at the site along with Capitalize Albany Corporation, Albany Mayor Kathy Sheehan and other City officials for […]

Capitalize Albany Corporation Backs URI Regional Growth Strategy Releasing Completed Impact Downtown Albany Strategic Plan Documents

July 30, 2015 – 12:59 am

The Capitalize Albany Corporation Board of Directors authorized release of the market-driven, action-oriented strategic plan, Impact Downtown Albany, completed last fall to serve as a business plan and Playbook for downtown Albany development. In consideration of the opportunities that the State’s Upstate Revitalization Initiative competition offers Albany and the entire Capital Region, the Capitalize Albany […]