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$80 Million Investment At 1415 Washington Avenue To Construct 240-Unit Student Housing Complex

September 23, 2021 – 3:19 pm

Project to generate $85 million economic impact during construction and bring additional $4.2 million to local taxing jurisdictions View Announcement Press Release Supporting Albany’s world-class higher education institutions and complementing recent investment along Washington Avenue this significant $80 million investment will demolish the 2.85-acre site’s vacant hotel and construct a new five-story student housing complex […]

Kenmore Ballroom Welcomed To Downtown

September 16, 2021 – 2:51 pm

Read the announcement press release here. An historic event venue, the Rain-Bo Room, is now reimagined. With owners Katie O’Malley Maloney and Nate Maloney, the Kenmore Ballroom was welcomed to downtown Albany today. Recognizing the opening and reimagining of this historic space following Redburn Development’s $36M investment in 76 N. Pearl St., the Kenmore Ballroom […]

Back To Business: Pizzeria Sapienza

August 9, 2021 – 3:30 pm

The lockdowns imposed at the height of the coronavirus pandemic had a silver lining for some eateries that already specialized in delivery – particularly pizza places, as New Yorkers indulged in comfort food cravings and sought a break from home cooking. But not all pizza places were positioned to benefit from this surge. Pizzeria Sapienza, […]

$56 Million Historic Clinton Avenue Apartments Renovation Completed In Arbor Hill Neighborhood

June 3, 2021 – 2:34 pm

70 Row Houses Now Offer 210 Energy-Efficient, Affordable and Supportive Homes for Families  Full Press Release Available Here Announced by Governor Andrew Cuomo, today marked the completion of Home Leasing’s $56 million rehabilitation of 70 distressed row houses along historic Clinton Avenue and Ten Broeck Street in Albany. The Clinton Avenue Historic Apartments now offers […]

Issuance Of Tax-Exempt Bonds Supports Retention Of More Than 200 Jobs And Maximizing Resources For KIPP: Albany Community Public Charter Schools

May 20, 2021 – 5:54 pm

Savings Of More Than $3.6 Million Will Support KIPP Albany’s Long-Term Financial Sustainability, Critical High-Quality Programming For Students Press release, available here.  With support from the City of Albany Capital Resource Corporation, financing made possible in part with the issuance of tax-exempt bonds will support KIPP: Albany Community Public Charter Schools (KIPP Albany) — allowing […]

Expansive Is ‘Bullish On The Future Df Downtown Albany’

May 11, 2021 – 10:15 am

#DowntownWorks for the newly rebranded Chicago-based Novel Coworking making its debut in New York at 69 State Street Novel Coworking isn’t Novel anymore. The Chicago-based company, which has 40 locations around the country and opened its first location in New York in downtown Albany this past February, has rebranded as “Expansive.” “It better fits our […]

United Way Is Bringing Coworking To Downtown Albany At The Blake Annex Supporting Nonprofit Community

May 8, 2021 – 2:45 pm

Downtown is welcoming a new coworking space designed specifically to meet the needs of the area’s burgeoning nonprofit community. The United Way of the Greater Capital Region’s Blake Annex is housed in 24,000 square feet on two floors in the former Steuben Club and Kenmore Hotel at 76 N. Pearl St. – landmark historic buildings […]

Back To Business: Capitol District Supply

March 30, 2021 – 1:57 pm

Selling plumbing, heating, kitchen and bath supplies and fixtures is a very hands-on process. Contractors need to come and pick up their orders, residential customers need to come into the showroom to consult with designers and select their preferred products – from cabinets and sinks to toilets, tubs and showers. At least, that’s how it […]

Back To Business: Pint Sized

November 10, 2020 – 1:41 pm

Pint Sized is a small business whose owner’s determination to succeed regardless of the challenges posed by the coronavirus epidemic very much belies its name. August Rosa, owner of the craft beer bar and bottle shop with two locations – 250 Lark St., Albany and 489 Broadway, Saratoga Springs –  estimates that he has had […]

$72,000 Downtown Revitalization Initiative Award to Capital Walls Mural Project Adds Two New Murals on Columbia Street

October 27, 2020 – 3:39 pm

Governor Cuomo’s Downtown Revitalization Initiative (DRI) is strengthening Albany’s Clinton Square neighborhood. Two new murals were unveiled in downtown Albany this morning — enhancing the gateway to the Capital City’s downtown. They’re located at Redburn Development Partners’ 39 and 45 Columbia Street properties where work is underway as part of its $80 million downtown investment. […]