News

488 Broadway Under Construction

April 19, 2014 – 6:43 pm

The Arcade at 488 Broadway project will renovate a previously vacant 75,000 SF retail and commercial office building. The final product will consist of: 68 residential rental units – 28 studios, 40 one-bedrooms 3-10 commercial storefronts – 12,000 SF This project directly implements the Albany 2030, Impact Downtown Albany and Downtown Albany Residential strategies. Its […]

Academy Lofts Grand Opening Slated for Thursday April 17th

April 14, 2014 – 3:50 pm

Join Albany Mayor Kathy Sheehan, Albany Common Council President Carolyn McLaughlin and New York State Assemblyman John McDonald on Thursday April 17th for the grand opening of the Academy Lofts. Even will take place from 5:30 to 7:30 at the Academy Lofts space on 56 Second Street in Albany. RSVP information is below.

Impact Downtown Albany Letter to the Editor Published in Albany Business Review

April 11, 2014 – 4:58 pm

A letter to the editor, written by our expert consultants at Goody Clancy, was published by the Albany Business Review in their 4/11-4/17 publication. To read the letter, please reference page 22 of the Albany Business Review, or view a .pdf of the letter here.

Impact Downtown Albany News: Second State of Downtown Albany Market Series Meeting Announced

April 11, 2014 – 4:31 pm

Capitalize Albany Corporation is pleased to announce they will be hosting the second State of Downtown Albany Market Series meeting on Thursday, April 24th at 20 Park Street from 5:30 to 7:00 pm. The 20 Park Street office space has particularly unique views of the Empire State Plaza and is currently on the market for […]

First State of Downtown Meeting Draws 100+ Attendees

March 12, 2014 – 3:20 pm

Capitalize Albany Corporation, alongside their team of expert consultants, presented the existing conditions analysis for Downtown Albany’s housing market on Tuesday, March 11th at Sixty State Place at 60 State Street at the first meeting of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Over 150 people […]

Sixty State Place Officially Cuts Ribbons

March 5, 2014 – 2:20 pm

ALBANY, N.Y. (March 4, 2014) — Sixty State Place, a new luxury event space located in the heart of Downtown Albany, opened its doors to the public after undergoing substantial renovations to the former bank. Originally built in 1902 and designed by York and Sawyer in a Beaux-Arts neoclassical architecture style, Sixty State Place completed […]

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 […]