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Sarah Reginelli

As President of Capitalize Albany Corporation and CEO of the City of Albany Industrial Development Agency and Capital Resource Corporation, Sarah leads the City of Albany’s economic development efforts through transformational real estate development, targeted business and project assistance, and strategic planning. Sarah has worked in community redevelopment for more than a decade, previously serving as Principal Planner for the City of Albany specializing in neighborhood revitalization, plan implementation and community engagement. She holds a master’s degree from the University of Miami and bachelor’s degrees from Syracuse University. Read more.

Thomas Conoscenti
Vice President

With more than 15 years of experience working in real estate development, economic development and urban planning Tom serves as Vice President at Capitalize Albany Corporation. Tom supports the City of Albany’s strategic economic development programing working with local, regional and State agencies, organizations and institutional partners while leading the economic development staff at Capitalize Albany to catalyze transformative real estate development in the City of Albany. Prior to joining Capitalize Albany, Tom held senior leadership positions at Empire State Development. Tom lives in the City of Albany and holds a master’s degree in city planning from University of California, Berkeley and an undergraduate degree from Vassar College. Read more.




Michael Bohne, APR
Communications & Marketing Manager  


Mike is a proud City resident living in downtown Albany and enjoys a walkable commute to the office in the morning. As Communications & Marketing Assistant Mike facilitates the Corporation’s public relations management function — provides expertise in message development, media relations, manages the Corporation’s publications, website, social media, and other news sources. Our communications enhance our programs, amplifying our abilities to create, retain, and attract business in the City of Albany. Prior to joining the team at Capitalize Albany Mike worked as a public relations consultant. Read more.

Andy Corcione
Senior Economic Developer  

Andy Corcione, Economic DeveloperAndy serves as a Senior Economic Developer at Capitalize Albany Corporation. His practice area focuses on supporting citywide commercial real estate development, working with City of Albany Industrial Development Agency applicants, and working to assist businesses investing in Albany’s target growth sectors. Prior to this role, Andy managed the Corporation’s three in-house grant programs that focus on financing development in the City’s downtown and neighborhood commercial corridors and supporting small business growth. Read more.

Nora Culhane Friedel
Economic Development Specialist

Nora provides management support of Corporation grant programs and business attraction and retention programming — assisting the Corporation in creating and maintaining an inviting, business-friendly environment in the Capital City. Nora brings experience in affordable housing development, most recently working as a Community Development Coordinator focusing on neighborhood revitalization work and an array of Mid-Hudson Valley community building projects. She’s an AmeriCorps alum, having served two years in Poughkeepsie, NY. Read more.

Erin Grace
Executive Assistant 

Erin is instrumental in the management of day-to-day operations and provides support services for the Corporation’s economic development team.

She brings an aptitude of experience to her role as Executive Assistant with expertise in supporting not-for-profits and public authorities. Previously Erin has served as the Director of Operations to the Association for Financial Guaranty Insurance, the New York State Distillers Guild, the Capital Craft Beverage Trail and the Hudson River Black River Regulating District. Read more.

Renee McFarlin
Senior Economic Developer

Renee serves as senior economic developer, managing grant administration, assisting business attraction, local business support and programming in the City of Albany.

Prior to joining the team at Capitalize Albany Renee served as Clinton County’s Economic Development Director, and Executive Director of the Clinton County Industrial Development Agency. She also spent three years working for a member of the House of Representatives, where she worked extensively with the regional constituency on identifying, applying to, and administering grant programs for infrastructure and economic development projects in the Congressional District. Read more.

Ashley Mohl
Director of Economic Development

Ashley MohlA life-long Capital Region resident, Ashley truly has a love for the City of Albany and the region. Ashley brings that passion with her every day while working as the Director of Economic Development for Capitalize Albany. She is responsible for business development, grant administration, strategic programs and leads Capitalize Albany’s business attraction and retention efforts, as well as developing new programs and initiatives in support of business and the City’s many commercial districts. She also serves as the local liaison for the City of Albany in the Regional Economic Development Council (REDC) Consolidated Funding Application (CFA) process. Read more.

Mark Opalka

Mark OpalkaMark joined the team at Capitalize Albany in December 2012. As Controller Mark is responsible for the budget management, forecasting, and financial reporting and compliance for the Corporation. Prior to joining the team at Capitalize Albany Mark worked at Curtis Lumber Company for 17 years. Serving as Accounting Manager, Mark managed a $150 million retail operation specializing in building materials with 21 locations throughout New York and Vermont. Read more.



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