News

Clinton Market Collective Construction Bid Opportunity, Information for Contractors, Trade Experts

January 3, 2022 – 9:57 am

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 bids for the Clinton Market Collective will be due at 2:00 P.M. on Friday January 21, 2022. Bids received after […]

$65 Million Investment To Transform Iconic Albany Warehouse, Development of Distinctive Mixed-Use Project

December 16, 2021 – 2:13 pm

Redburn Development Will Renovate The Historic Huck Finn’s, Creating 260 Market-Rate Apartments With Indoor & Outdoor Amenities, 48,000 Square Feet Of Commercial Space Announcement’s press release, here Redburn Development Partners is moving forward with a project that will further strengthen the City’s growing warehouse district, transforming a downtown landmark – The Warehouse at Huck Finn […]

Projects In City of Albany Receive $9.3 Million from Regional Economic Development Council (REDC) Initiative Round XI

December 15, 2021 – 11:57 am

The New York State Regional Economic Development Council (REDC) initiative awarded projects announced Tuesday will support new investment and activity in the City of Albany, projects in Albany were awarded $9.3 million ($9,317,100). Overall, the Capital Region was awarded a total of $48.4 million in funding for 79 projects. Of these 79 projects, 12 directly […]

Capitalize Albany Unveils Final Designs for Clinton Market

December 11, 2021 – 10:43 am

Immersive Views Provide Sneak Peek at Reimagined ‘Federal Park’ for 2022 Construction to Strengthen Neighborhood Connectivity and Create A More Retail, Pop-Up, and Event-Friendly Space Announcement’s press release available, here. As part of its display at 11 Clinton Ave. Capitalize Albany Corporation unveiled final designs for its Clinton Market Collective project based on feedback from […]

Introducing #1GreatThingALB

December 10, 2021 – 11:46 am

It goes without saying that we here at Capitalize Albany (@CapAlbanyCorp) are big fans of this city and all it has to offer. The future of Albany is bright and full of opportunity. So many amazing things are happening here, but not all of them get the attention they need and deserve. Each of us experiences […]

#BuildingAlb2021: Five Questions With Home Leasing CEO Bret Garwood

December 9, 2021 – 9:12 am

Q: What attracted Home Leasing to Albany?  A: We have a history of doing a lot of work in Rochester and as a company we wanted to expand, and Albany was really interesting. One of the things we like to focus on is real community-based projects that won’t just create affordable housing but accomplish more […]

Park South Neighborhood Welcomes Morris Place Apartments

November 22, 2021 – 2:13 pm

$5.3 Million Project Completion Marks Distinct Milestone For Neighborhood’s Ongoing Transformation, Revitalization View announcement’s press release here.  The Park South Neighborhood crossed another critical milestone welcoming Morris Place Apartments, a new 28-unit, five-story multifamily apartment building at 105 Morris St. — a key component of the area’s successful Urban Renewal Plan implementation: https://t.co/eAioDtio6b pic.twitter.com/Zs18DQxDM2 — […]

The Rise | Pine Hills Apartments, Welcomed To Albany Fully Leased

October 29, 2021 – 3:49 pm

The Rise | Pine Hills Apartments, welcomed to #Albany‘s Pine Hills — with building demand its 110 apts. are fully leased — a $16M investment, generating millions in additional revenue for taxing jurisdictions and bringing new neighborhood amenities… https://t.co/diyiw4Xbat pic.twitter.com/JEgsHvEwup — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) October 29, 2021 Reinvesting $16.2 million into the former site of […]

Back To Business: The Kenmore Ballroom

October 28, 2021 – 3:48 pm

Though she grew up in Massachusetts and California, Katie O’Malley Maloney has long-standing ties to Albany. In 1998 – then just Katie O’Malley – she was crowned the City’s 50th anniversary Tulip Queen, an experience she says taught her how to be a better leader and left her with a sense of responsibility to make […]

Refinancing Of Civic Facility Revenue Bonds Through City Of Albany Capital Resource Corporation To Support Brighter Choice Elementary Charter Schools

October 21, 2021 – 2:57 pm

View announcement’s press release With interest rates currently more favorable, the refinancing of the Brighter Choice Elementary Charter School’s previously issued tax-exempt civic facility revenue bonds will save the college $168,000 annually and allow the school to further reinvest and support the retention of its 54 existing employees. Located at 250 Central Ave., since 2005 […]