News

Look Up on North Pearl and Pine Streets to Find the Next Apartments in the Growing Downtown Neighborhood

June 16, 2016 – 8:37 pm

View Announcement Press Release   Chris Maddalone and Seth Meltzer of Maddalone & Associates are prepared to renovate 99 Pine Street’s upper floors, bringing approximately 35 new market-rate residential units to the heart of downtown Albany. The renovation and partial conversion will take place on the property’s third, fourth and fifth floors transforming old office […]

Capitalize Albany Corporation to Host Informational Roundtable Session on CFA Process

June 9, 2016 – 7:47 pm

With the Regional Economic Development Council’s Round VI consolidated funding application (CFA) process officially under way Capitalize Albany Corporation will be hosting an informational roundtable session from 5:30 – 6:30 p.m. in Albany City Hall’s Rotunda on Thursday, June 16. The event provides an opportunity for business owners, community leaders and residents to come together and discuss how the CFA process […]

Public Art Project Takes Flight at City Gateway

June 6, 2016 – 1:32 pm

The Albany Parking Authority teamed up with Albany Center Gallery and Albany Barn, as well as a number of other downtown Albany organizations to create a monumental mural on the north wall of downtown Albany’s Quackenbush Parking Garage which was completed early June. Complemented by recent investments taking shape, the mural project was a collaborative effort to create a welcoming […]

First Mixed-Use Project in Emergent Warehouse District to Take Shape

May 19, 2016 – 7:19 pm

Now-abandoned 960 Broadway will feature 24 apartments, new commercial space and new restaurant in $6 million renovation View Announcement Press Release   Abar Construction, led by developer Bill Barber will redevelop 960 Broadway in Albany’s warehouse district, revitalizing a property formerly home to the Rodgers Liquor Co., which has been left vacant for two decades. […]

New York State Economic Development Council Recognizes Capitalize Albany for Excellence in Economic Development

May 16, 2016 – 12:00 am

View Announcement Press Release   The New York State Economic Development Council conducted its annual competition to recognize excellence in economic development marketing. Competing against its statewide counterparts, Capitalize Albany Corporation’s 2015 annual report was awarded Best in Class. Nominations are submitted on behalf of local and regional economic development organizations, which compete in several […]

How Is Your Internet Access? Take City Survey Assessing Broadband

May 13, 2016 – 4:59 pm

The City of Albany is asking business owners to participate in a public survey that will help identify ways to improve affordable access to high-speed internet in Albany. Please click the button below or click here to take the survey. Those participating must respond by June 1st. Albany residents are also encouraged to participate in a separate survey for residents.  This […]

Nipper To Watch Over Proposed $70 Million Mixed-Use Plan For Warehouse District

May 9, 2016 – 8:35 pm

The conversion of the Nipper building (991 Broadway) in Albany’s warehouse district to apartments would be phase one of a four-phase, $70 million development project to include more than 150 additional apartments in a set of newly constructed buildings with retail space and multiple levels of indoor parking. As part of the $15 million phase one, Nipper would sit atop 65-75 residential units, the […]

Corporation Now Accepting Applications For Downtown Albany Retail Grant Program

May 1, 2016 – 8:10 pm

Capitalize Albany is now accepting applications for its Downtown Albany Retail Grant Program. This program can assist businesses interested in establishing a new downtown Albany storefront location and can assist those already existing in core downtown areas with exterior improvements. The Corporation is still accepting applications for its Amplify Albany Grant Program that aims to attract more foot traffic […]

Internship Opportunities: Summer 2016

April 26, 2016 – 10:03 pm

Capitalize Albany Corporation is seeking highly motivated, professional, responsible and enthusiastic student candidates for two summer internship positions. Interested applicants can click to view the following internship descriptions below to learn more.   Research and Data Analysis Student Internship   Grant Research and Writing Student Internship

Contracts Signed Following Opening Date Announcement

April 25, 2016 – 8:40 pm

Albany Capital Center officials announced early this month that March 22 will be the opening date of the 82,000 square foot downtown convention center. Five formal commitments have been made, most of which contain multi-year contracts. More than 90 other events are currently in the pipeline at various stages of contract negotiations. Altogether, the five committed events […]