News

Impact Downtown Albany News: State of Downtown Albany Market Series to Kick Off on March 11

February 25, 2014 – 3:48 pm

Join Capitalize Albany Corporation and their team of expert consultants for a presentation of the current state of Downtown’s housing market. The meeting will be the first of three “market series” meetings that will focus on housing, retail and office space. For more information, please email Communications and Marketing Assistant, Amanda Vitullo, at [email protected] WHAT: […]

Sixty State Place to Hold Ribbon Cutting

February 24, 2014 – 2:39 pm

On Tuesday, March 4th, Sixty State Place will host their official ribbon cutting from 3pm to 6pm. Event is open to the public.

135+ Units Under Development in Downtown

February 3, 2014 – 7:41 pm

More developers are seeing promise in residential conversions in downtown Albany, NY. The projects being done will add more than 135 units to the inventory downtown, with construction underway or expected to start in the next six months. Check out the full story via the Albany Business Review here.

Department of Planning Successfully Hosts Waterfront Open House

January 29, 2014 – 1:46 pm

Albany, NY – On Tuesday, January 28th, the City of Albany Department of Development and Planning, Capitalize Albany Corporation, the Mayor’s Office of Energy and Sustainability and the New York State Department of State hosted an open house event for the Corning Preserve Waterfront Park. The event was a response to the Corning Preserve Waterfront […]

$67 Million in Projects Approved by IDA

January 21, 2014 – 8:10 pm

Today the City of Albany IDA approved over $67 million worth of projects that will have a direct impact on Downtown Albany. The projects include the Wellington Row and Dewitt Clinton project and projects on 40 Steuben and 67 Howard Street.

Winn Development Announces Financial Closing for Livingston School Redevelopment Project

January 17, 2014 – 3:20 pm

January 17, 2014 – WinnDevelopment, the development arm of WinnCompanies, an award-winning national real estate development and property management company, in partnership with Albany Housing Authority, announced today that it has closed on the financing for the adaptive re-use of the Livingston School in Albany, N.Y. This project marks Winn’s 18th large scale historic renovation in […]

Vice President Joe Biden Visiting Albany & Major Tour Announced to Visit Times Union Center in February

January 7, 2014 – 5:22 pm

Vice President Joe Biden will be visiting Albany on Tuesday, January 7th (link) and the Times Un ion Center announced another major tour slated to stop in Albany in February (link).

Two Downtown Residential Projects Approved By IDA Board

December 19, 2013 – 6:34 pm

On Tuesday, December 19th the City of Albany IDA board approved two significant mixed-use projects on Broadway in Downtown Albany. The projects are located on 412 Broadway and 488 Broadway (the former Arcade building) and upon completion will bring online 100 new residential units and over 100,000 square feet of mixed-use retail and residential space […]

City of Albany Projects Receive More Than $14.5 Million From REDC Round 3 Initiative

December 12, 2013 – 8:38 pm

The Regional Economic Development Council initiative awarded City of Albany projects with more than $14.5 million in funding yesterday. Overall, the Capital Region was named a top performer at the awards, receiving a total of $82.8 million in funding and finishing a close second to Long Island. Of the 100 projects awarded in the Capital […]

Capital Region Announced As Winner at REDC Round 3 Awards

December 11, 2013 – 7:53 pm

This morning, Governor Cuomo and the Regional Economic Development Council announced the round 3 award winners. The Capital Region was announced as a top performer, with an awarded amount of $82.8 million, finishing a close second to Long Island. As of Tuesday afternoon, City of Albany projects that have been announced as funded include CNSE, […]