News

Guidelines Available Now For New Small Business Building Improvement Grant Program, Launches In January

December 14, 2022 – 1:15 pm

Up To $750,000 In Reimbursable Building Improvement Grants To Support Ongoing Post-Covid Recovery Efforts Will Be Available; Applications Open Starting Early January Program guidelines for Capitalize Albany’s new Small Business Building Improvement Grant (BIG) Program are available to review in advance of opening the program to applicants in early January. Click Here To View Program […]

#DowntownWorks For O’Connell & Aronowitz

December 8, 2022 – 3:06 pm

O’Connell & Aronowitz, one of the Capital Region’s oldest law firms, has deep ties to the City of Albany and a long commitment to its downtown. It opened its doors in 1925 with two founding attorneys from opposite ends of the political spectrum: Edward J. O’Connell, chairman of the Albany Democratic Committee and brother of […]

RSVP | Building For Tomorrow 2022

November 4, 2022 – 5:01 pm

An annual event, Building For Tomorrow will be hosted this year in downtown Albany at Empire Live, which recently celebrated its one-year anniversary in the City of Albany. It’s one of several new establishments coming to downtown as part of Redburn Development’s $100 million+ investment. Enjoy networking, refreshments, and a look at the new investment […]

#AlbanyIsAllBiz | Bard & Baker Celebrating One-Year Anniversary In Albany This Month

October 27, 2022 – 2:22 pm

In times of old, a bard was a traveling entertainer who composed and recited epic poems, often while accompanying themselves on a harp or lyre, entertaining audiences with tales of heroism and derring-do. That tradition resonated with Charlotte Guyton, who has built a career in the hospitality industry, and is the owner and general manager […]

Refinancing of Tax-Exempt Bonds Through City Of Albany Capital Resource Corporation To Support Albany College of Pharmacy And Health Sciences

October 20, 2022 – 9:51 am

View Announcement Press Release The refinancing of the Albany College of Pharmacy and Health Sciences’ (ACPHS) previously issued 2007A and 2008A tax-exempt bonds will in part support the institution in taking ownership of student housing facilities which were projects supported by the initial bonds issued. This will create administrative efficiencies and support savings, allowing ACPHS […]

$3.25 Million New Construction Multifamily Residential Project Completed at 191 North Pearl Street

October 19, 2022 – 4:07 pm

Investment Transforms Vacant Lot, Boosts Revenue to Local Taxing Jurisdictions, Strengthens Neighborhood Connectivity, and Creates 18 New Apartments View Announcement Press Release Here Local officials and community members today joined developers Ron Stein and Pete Tryon and their development team comprised of BSNB, Franco Construction and C2 Design, in cutting the ribbon on the latest […]

Clinton Market Collective Construction Bid Opportunity: Information For Contractors And Trade Experts

September 20, 2022 – 1:43 pm

Update 9/29/22: Interested bidders, please click here to review Addendum #1 and note the below due date has been updated. 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 […]

Survey & Public Workshop: Help Bring $10 Million To South Pearl Street

August 30, 2022 – 9:59 am

The City of Albany is preparing to put forward an application for South Pearl to compete in the sixth round of the New York State Downtown Revitalization Initiative (DRI). The City of Albany would like your participation in creating the strongest application possible. Please attend a community workshop on September 6th from 6:00 – 7:30 p.m. at the […]

Downtown Entertainment Destination Empire Live Celebrates One-Year Anniversary

August 26, 2022 – 1:56 pm

A celebration for event venues Empire Live and Empire Underground one year in the making was held at the 93 N. Pearl Street entertainment destination. Indie band The Cold War Kids opened Empire Live on August 26, 2021, with 700 attendees. Since opening approximately 60,000 people have come downtown to Empire Live and Empire Underground […]

#AlbanyIsAllBiz | European Tailoring And Alterations Has A New Owner, Finding New Ways To Boost Business

August 11, 2022 – 3:47 pm

Like a lot of people, Mo Rabiu hit a professional wall during the pandemic. Working from home in her finance job left the eight-year Albany resident feeling tired and uninspired. She needed a change. But unlike others who retied early or quit in favor of a more attractive position, Rabiu went in a different direction […]