News

#AlbanyIsAllBiz | FoodScraps360 In Albany Expands Compost Pickup Service and Operations

June 27, 2025 – 10:19 am

Roughly 10 percent of the Capital Region’s greenhouse gas emissions are caused by landfill emissions, which in essence is mostly decomposing food and organic waste producing methane. With a different approach, sending that same waste to a composting facility, would instead allow it to enrich soil and benefit the environment. Who’s helping to divert food […]

Construction Update: Albany is on ‘The RISE’

June 20, 2025 – 1:42 pm

As we step into the summer and the second half of the year, nearly $50 million in new investment is progressing as Jankow Companies furthers its construction and launch of two major Albany endeavors that will add to its The Rise apartments brand. First, in downtown Albany, Jankow Companies is finishing construction and has begun […]

REQUEST For Proposals Unlocks Landmark Opportunity for Highly Anticipated Redevelopment of the 8-Acre Liberty Park Site in the Heart of Downtown Albany

May 28, 2025 – 3:16 pm

Capitalize Albany Advances Long-Awaited Revitalization of Downtown Albany’s Largest Development Opportunity   The City of Albany’s economic development organization, Capitalize Albany Corporation, beginning today is actively marketing a solicitation seeking proposals from qualified real estate developers to acquire and undertake the redevelopment of downtown Albany’s Liberty Park site through a request for proposals (RFP). For […]

Sign Up and Stay Updated on the NYS $200M+ Downtown Albany Initiative

May 28, 2025 – 12:48 pm

Through this year’s Executive Budget, Governor Hochul launched the Championing Albany’s Potential (CAP) Initiative, to invest $400 million to in part revitalize the state museum, and downtown core of Albany, in partnership with local stakeholders. As part of this effort ESD has selected MIG, a nationally recognized planning and economic development firm, to lead a […]

2025 Regional Economic Development Council Initiative CFA Process And Local Workshop

May 21, 2025 – 12:10 pm

Join Capitalize Albany Corporation and Empire State Development at the Albany Black Chamber of Commerce for an upcoming local CFA workshop. This is an in-person workshop with the opportunity to ask questions and learn more about the CFA application process and available resources.   WHEN: June 18 3:00 – 5:00 p.m.       Where: Albany Black […]

Equal Vision Records Celebrates Relocation & Expansion In The South End of Albany

April 24, 2025 – 12:37 pm

Independent Label Expands Operations, Drives Economic Momentum in the Capital City Equal Vision Records, the independent record label and parent company of MerchNow, EVR Promotions, and Burlington Record Pressing celebrated the grand opening of its new 64,000 sq. ft. 400 South Pearl Street headquarters. This milestone marks a major expansion for the company and a […]

Construction Update: 63 Unit Colvin Avenue Affordable Housing Development On Track For Completion This Year

April 16, 2025 – 3:23 pm

A $30.6 million investment is set to bring a 63-unit affordable housing development supporting households that have a range of mixed-incomes to 60 Colvin Avenue in Albany. The Regan Development project will generate additional revenue to local taxing jurisdictions and was estimated to create at least 12 permanent and 60 construction jobs.       […]

Albany Designer and Handbag Manufacturer Makes First appearance at NY Fashion Week

April 15, 2025 – 2:53 pm

It was a major milestone for Karen Kema Maxwell, better known as Kema of Kema’s Kreations. Several weeks ago, she was putting the finishing touches on her high-fashion purses, duffel bags and handbags set to debut at Runway 7’s NY Fashion Week (NYFW) production on February 9. “It was just an honor to be asked, […]

RFP For Bond Counsel And Legal Services | City of Albany IDA and CRC

April 3, 2025 – 12:18 pm

The City of Albany Industrial Development Agency and Capital Resource Corporation (Collectively, “the Agency”) is seeking proposals from individuals and firms with demonstrable experience in providing a full suite of legal services to industrial development agencies and/or public authorities to act on behalf of the Agency. The successful Respondent(s) may enter into a contract with […]

Seventh Round City of Albany Small Business Facade Improvement Program Application Window Now Open

April 1, 2025 – 11:33 am

Now Accepting Applications, Matching Grant Program Reopens For City Of Albany Small Business Owners To Reinvest And Grow   View Announcement Press Release Applications are now available as part of the City of Albany Small Business Façade Improvement Program’s Round seven funding window with matching grants being made available to support small business owners citywide. […]