DOWNTOWN
ALBANY DIGEST
Spring/Summer 2016 • Issue 1
1 Welcome!
2 NEW WEBSITE LAUNCHED 3 Amenities Update 5–10 New & Newsworthy
11–12
Out & About
13 Living Downtown
14 Featured Properties
A PUBLICATION OF THE DOWNTOWN ALBANY BUSINESS IMPROVEMENT DISTRICT downtownalbany.org
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WELCOME!
Hon. Kathy M. Sheehan Mayor, City of Albany
This has been a tremendous year for downtown Albany. Three hundred residential units have recently been added here, with many more in the pipeline, good news for Downtown. These residents are supporting new Downtown businesses such as the Steuben Street Market, the restaurant ama cocina, and 59 North Pearl Street, a development that will include a pub, an event venue and housing. The goal of providing a livable, workable downtown Albany is well underway. New hotels, such as the worldclass Renaissance Albany Hotel, are making visiting Downtown even more appealing. With the arrival of spring, it’s a great time to take a stroll through City neighborhoods, including the Downtown, using one of the 100 “Walk Your City” smart signs that provide online maps and info for 50 points of interest, such as the Egg and Capital CarShare. A wonderful example of Albany’s collective community spirit are the spring cleanup days that have taken place recently throughout our City. They are an Albany rite of spring in neighborhoods throughout the City, including Albany’s newest one: the Downtown.
Hon. Kathy M. Sheehan Mayor, City of Albany
Dear Stakeholder,
Georgette Steffens Executive Director
This year is the Downtown Albany Business Improvement District’s 20th Anniversary. In that time, billions of dollars have been invested in Downtown — new buildings have been built, old ones have been renovated and brought back to life, and a new neighborhood has emerged. Since 1996, the BID has provided marketing, clean and safe services, economic development, advocacy, and special events for the Downtown businesses, property owners, employees, visitors and now residents. We invite you to celebrate with us at our Annual Meeting on June 1 at 5:30 PM at the Palace Theatre where we will highlight the successes we have experienced and hear from Lt. Governor Hochul on the importance of downtowns to New York State. Just in 2015 alone, Downtown has realized over $200 million in development. This level of investment has resulted in the following: • 5% decrease in the central business district’s commercial vacancy rate • 164 residential units in the BID and just outside the District, with another 110 currently under construction • 204 room luxury hotel • 20 new retail or retail-related establishments and 3 expansions • 600 + new jobs and hundreds of construction jobs • 82,000 square foot convention center under construction and opening March 2017 • 80,000 visitors annually starting March 2017 We hope you will join us in taking stock of where we were 20 years ago and where we are today. What an incredible Capital City we have! Sincerely,
Georgette Steffens Executive Director
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BID UPDATES
BID Launches New Website As part of the strategic initiatives laid out by the Board of Directors, the BID launched a new website in April. Designed by Upside Collective, the site assists users in easily navigating the growing list of amenities our District offers. Search engine optimized and fully-responsive, it offers users a cleaner appearance and adaptive interface, giving them a better experience before their feet hit our District’s streets. Upgrades to the site include: • Interactive Google map on each business page listing • Option to indicate closest parking option(s) • Easier site navigation • Improved overall usability • Adaptive to varying screen sizes An amenity to both Stakeholders and Visit our new website at downtownalbany.org users, the BID’s website — which sees 400,000 visitors each year and is the #1 driver of Downtown residential inquiries — is an important tool to share information with our vast network of Downtown residents, employees, and visitors through direct visits to the site and our social media channels.
Meet the BID’s New Assistant Director There’s a new face at the BID office! In January 2016 Schuyler Bull joined the team as Assistant Director. Bull manages the staff and overall day-to-day operations of the organization, while providing expertise on marketing, special events, and urban issues. He also works with the Executive Director and Board of Directors to create and implement strategic planning initiatives to develop and sustain a vibrant Downtown. “We are delighted that Schuyler has joined our team,” states Georgette Steffens, Executive Director of the Downtown Albany BID. “His knowledge and energy will add to the exciting momentum that exists in Downtown, with millions of dollars in development bringing real change to the fabric of our streets.”
Promotion Announced The BID announced in April the promotion of Rebecca Haizmann from Communications Coordinator to Marketing & Communications Manager. In her new position, Haizmann, who started at the BID in June 2014, will head all communications and marketing efforts while working to quantifiably grow engagement across all platforms. “Rebecca’s hard work and dedication shows through day after day and we are delighted to promote her to a management position,” said Steffens in the announcement. “As a result of her expertise we’ve seen an average follower increase of 104% on each BID social media platform, a higher-quality community e-newsletter that results in more engagement, and new event ideas and implementation which continue to bring people to our District and experience everything our Stakeholders have to offer.” downtownalbany.org
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BID DISTRICT AMENITIES
BID District Amenities With over $200 million of investment, hundreds of new residents, and thousands of visitors coming to the Capital center beginning in 2017, it is critical that our public space and infrastructure provide the welcome and amenities fitting of a Capital City. In 2016 the BID Board and staff is focused on ensuring the level of amenities matching the level of investment taking place throughout the District. Toward the end of 2014 the BID streamlined operations and relocated our offices in a move to be more efficient, allowing resources to be directed into brick and mortar projects. The following is a list of those investments which have already been made or are committed for the enhancement of the District: • Free Night and Weekend Parking starting at 5:00 PM both on street and in all ParkAlbany garages, excluding special events (please see the BID’s website for full details) • Doubling Flower Program includes the purchase of 50 new self watering planters to be placed throughout the District • Creation of a Dog Park in Wallenburg Park with construction to begin this summer • Partner in the Capital Region’s Upstate Revitalization Initiative Application which will set the path to compete for the Governor’s $10 million Downtown Revitalization Initiative for downtown Albany • Broadband Access in partnership with the City, the Albany Public Library, and others to understand the current infrastructure in Downtown and if it meets the needs of the technology companies and residents we are looking to attract • Tricentennial Park Redesign into a modern, easier to maintain, seven-daysa-week park that will attract both daytime employees and residents • Increase Special Events with the addition of Fork in the Road, Food Fight, and others that collectively bring in thousands of people to experience Downtown The BID continues to identify other high impact projects and will be releasing more information soon.
Rendering of dog park
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BID Receives $390,000 Grant The BID received a $390,000 grant as part of Governor Cuomo’s Regional Economic Development Council (REDC) initiative Round V competition. The New York State Homes and Community Renewal funds will continue to grow Downtown’s residential population through the conversion of up to four vacant or underutilized buildings into a projected 32 apartments in the area from Broadway to South Pearl Street, State Street to Hudson Avenue. Currently there are 110 residential units under construction in or just outside the BID boundary, with a few hundred in development. In Round V the City of Albany received $21.8 million. Overall, the Capital Region was awarded a total of $98.1 million in funding for 114 projects. Of these 114 projects, 24 directly benefit activities within the City of Albany and will catalyze strategic initiatives and job creation.
CLEAN & SAFE
Downtown Albany BID Clean Team | From left: Scott Reed, Bill Thompson and Donald Tanksley
Some of the new self-watering planters you’ll see around our District
Clean Team Neighborhood Beautification Day
As of March 1st, the Downtown Albany BID Clean Team began its spring and summer schedule, increasing their coverage to 128 man hours per week. Whether it’s trimming weeds, sweeping up litter and debris, reporting issues within the District or helping folks with questions or directions, the Clean Team is an integral part of our Downtown vibrancy and quality of life. The team consists of seasoned supervisor Scott Reed along with Donald Tanksley and Bill Thompson. With over 10 years of combined experience specifically working within the District, our team is familiar with every aspect of downtown Albany.
Spring Cleaning Downtown Albany’s South End was the focus of the April 23rd Neighborhood Beautification Day coordinated by The Downtown Albany BID with help from the City of Albany Department of General Services, Albany Police Department, Gallagher & Company, Grand Street Community Arts, Christ’s Church Albany, retailers from The Coliseum Mall, local businesses, and community partners.
Volunteers and members of the community were treated to a cookout
During the cleanup effort, volunteers targeted areas along Madison Avenue, South Pearl Street and nearby side streets; the result of the hard work was removal of approximately 120 gallons of trash. After the event, volunteers and members of the community were treated to a cookout with food from The Soul Kitchen, bounce house and music at the Coliseum Mall. downtownalbany.org
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NEW & NEWSWORTHY
Let’s Hear You Cheer
New to BEAHIVE
It’s been a big year for The Albany Devils. The region’s only American Hockey League team made it into the playoffs and announced they have signed a new three-year deal that will keep them based at the Times Union Center.
Downtown Albany co-working space BEAHIVE Albany recently welcomed the following members. Read more online at beahivebzzz.com.
Having played in Downtown for the past six years, the contract extension is partially due to the $16 million in renovations the Downtown entertainment venue will undergo said Hugh Weber, president of the Devil’s NHL affiliate, the New Jersey Devils. During a press conference announcing the deal, Weber said of the Times Union Center, “The investments that you are making in the building and the changes that will make the fan experience better and stronger than ever is obviously a very key component.” 51 S Pearl Street | thealbanydevils.com
New Ambassadors Have you noticed people in red jackets outside the Capital Repertory Theatre? Those wearing them are part of the Albany Ambassador Program, which began in 2015 thanks to a partnership between Interfaith Partnership for the Homeless, Keybank, Park Playhouse, and theREP. Ambassadors are homeless or formerly homeless individuals hired to greet patrons, provide directions, answer questions, and maintain a safe, clean, welcoming environment to theatergoers. Participants go through a formal application and interview process and develop critical skills while earning income and strengthening their resumes by giving them experience in hospitality. Most participants have little to no job experience which makes even filling out a job application difficult. Now, these individuals have skills and confidence and are getting jobs in the community. To date, there have been 11 Ambassadors who’ve worked 20 shows at theREP in Downtown, and 41 shows at Park Playhouse. For more information, visit interfaithpartnership.com.
Brad Allen Applied Pavement Technology ballen@appliedpavement.com Amanda Baker Frontiers for Young Minds Amanda.baker@frontiersin.org Chris Hacker Marketing Consultant chris.hacker42@gmail.com Matthew Vanderbeck PKHB CPAs mvanderbeck@pkhbcpa.com 418 Broadway | beahivebzzz.com
New Director Angela O’Neal became the new executive director of the African American Cultural Center of the Capital Region last year. Angela’s passion for Albany and strong sense of community have already been evident through the quality of the Center’s programming and initiatives in the areas of art, music and education. Recently featured in an ABC News10 piece, O’Neal expressed her excitement with starting a ballet and modern dance program for preschoolers as well as hosting monthly art exhibits at the Center featuring local artists. With help from volunteers within the community, Angela is currently in the process of planning the program for the 12th Annual Juneteenth Celebration in Washington Park. 135 S Pearl Street | aacccr.org
New members of the Albany Ambassador Program
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NEW & NEWSWORTHY
Downtown Gets Rad There’s a new eatery in Downtown, and if you haven’t tried it out yet you’re missing out on delicious dishes like Thai Tomato Coconut and Crab Stuffed Mushroom soups, Crab Cake BLTs, and much more. B-rad’s Bistro Express at 677 Broadway opened in fall 2015 and has been serving up breakfast and lunch out of the grab-and-go location where Joey G’s was formerly located. For owner and chef Brad Stevens, food is a passion, and the new Downtown location allowed him to expand his business to serve the growing population in our District. For daily special information, call the café or visit their Facebook page. 677 Broadway | 518.268.0922
Doughnuts. Delivered. If you are ever unable to Belly Up and get to Cider Belly Doughnuts, downtown Albany’s premier purveyor of fresh local doughnuts, then you’ll want to take advantage of their “Cider Belly Express” delivery service. The shop has been accommodating those customers who prefer Cider Belly’s doughnuts delivered directly to their home, office or other destination. With gourmet flavors like Bahama Mama, Cookies N Cream, German Chocolate and Caramel Delight, who can blame them? Delivery is only $2.00 within the Albany area and requires a one (1) dozen minimum. Cider Belly also encourages you to follow them on Facebook, Twitter and Instagram to find out if they will be making deliveries that day in your area. 25 N Pearl Street | 518.253.4640
C-Suite Fitness
Invest in You At C-Suite Fitness, you are the CEO of your fitness experience. Whether you’re looking to lose weight, gain muscle, work through an injury, or anything in between, the sessions are tailored specifically to each person. Founder Brendon Parks opened the new business to tap into Downtown’s growing and diverse population; with varying packages to suit clients’ individual needs, C-Suite offers everything from one-on-one workouts to mobile sessions which can be done in the comfort of your home, office, or even hotel room. Having been a personal trainer for several years, Brendon says, “I believe strongly in practicing what you preach. I discipline myself in fitness. What I love about fitness is it’s something that’s bigger than you or I. It’s this overarching concept that has the ability to make anyone a better person when applied weekly.” 412 Broadway | c-suitefitness.com
Laugh, Listen, and Love the Food The farm to fork café Dali Mamma, which last year re-opened in a larger Downtown location, has expanded their offerings beyond the menu. With triple the space of the former location, owner Katrin Haldeman has begun hosting events like Dali After Dark (live music each Thursday), Brazilian Breakfasts, and improv. What’s more? Katrin doesn’t just want you to attend an event — she wants you to host one! If you’re known for a special dessert, a side dish, or anything else, take the opportunity to share those recipes with the community. Interested cooks should email Katrin@dalimamma.com with your name, recipe, and other details. Café staff will help plan, promote, and teach the class. 41 State Street (entrance on Broadway) | dalimamma.com
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NEW & NEWSWORTHY
A Complete Renovation You could say they had a vision. In early 2016, the former 74 State Hotel was completely renovated and transformed into the Fairfield Inn & Suites Albany Downtown by building owners, Visions Hotels. Seeing an opportunity to capitalize on both the prime Downtown location and brand loyalty, the company purchased the property in January 2014.
Celebrating the grand opening of the Fairfield Inn & Suites Albany Downtown
To transition from a boutique hotel, changes included new bedding and décor, and the installation of new carpets. Complete with 75 rooms and suites that are equipped with ample workspaces, the conversion also included turning a second-floor bar and restaurant into a state of the art fitness center that overlooks State Street. 74 State Street | 518.434.7410 The newly renovated Fairfield Inn & Suites Albany Downtown
Tower and Roof Restorations Complete On November 8, members and friends of the congregation gathered to celebrate the completion of the impressive restoration of the First Church in Albany twin towers and roof. Tall scaffolding had surrounded the towers since the summer of 2014, hiding from view the progress being made to restore the clocks and original details of the 1797-98 church that was the first major commission for the renowned Albany architect, Phillip Hooker.
Embracing Digital Economy Do you follow any Albany businesses online or social media? If so, you might have noticed there are a lot of owners taking advantage of digital platforms to spread the word about their products and services. Thanks to that effort, Albany was named a Google eCity late last year at an event held at Cider Belly Doughnuts. During the award presentation at which business owners, Google representatives and elected officials were present, Capital City small and medium businesses were lauded as a strong online community. “Our goal here is to raise the profile of cities we believe are really embracing the digital economy in a smart way to drive the growth of their local businesses,” said William Floyd, the head of external affairs for Google New York. “A large number of small and medium businesses don’t have a web presence. Your business grows faster, and if your business grows faster, it’s good for local jobs.”
Now illuminated by energy-efficient LED lighting, the towers are topped with an upside-down brass acorn with a green cap and feature four clock faces that now operate on computer-controlled motors that adjust for the seasons. 110 N Pearl Street | 518.463.4449
Albany is named a Google eCity
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NEW & NEWSWORTHY
For Those Little Bundles of Joy
Memababies
abies are adorable of course, but B their clothes, toys, and accessories can be a little pricey. Not so at Memababies. The new retailer in The Coliseum Mall in Downtown offers new and great condition used items for infants and toddlers, including shoes, strollers, pack and plays, and more.
For first-time business owner Robin Eaton, the idea for the store came from her experience in motherhood. “I wanted to open a business that makes it affordable for parents and family members to purchase anything they need,” she said at their grand opening celebration earlier this year. “The main reason I was able to realize my dream of opening this business was the affordability of the Coliseum Mall.” 153 S Pearl Street | 518.300.7751
Building a Future in Downtown Full-service firm McLaren Engineering Group has opened their newest office location in downtown Albany. With projects spanning the globe, the company’s portfolio includes everything from parking garages to the Super Bowl XXXVIII Halftime Show Stage and more in areas from the Capital District to China. Why did McLaren open an Albany office? Strategic planning and placement, says the CEO.
New App
There’s an App for That Downtown businesses are always excited to greet new customers, and several in our District are embracing apps as a way to share new information, offer specials, and allow you to redeem rewards.
“As McLaren Engineering continues to expand, we want to be closer to our key Capital District public and private sector clients,” says Malcolm McLaren, president and CEO of the company that’s headquartered in West Nyack, NY. “The Capital District offers opportunities to serve clients in all of our eight diverse disciplines including transportation, structures, marine and entertainment.”
Apps are now available for Aji Steak Stone & Sushi, Coulson’s News & Deli, and Dawn’s Victory Sports Café in Apple and Google Play.
5 Clinton Square | mgmclaren.com
Brunch with a Twist Maybe you know Parish Public House for their Louisiana cuisine. Or their great live shows. But do you know them for brunch? Now you can. In March the restaurant launched the new menu, served every Saturday from 11:00 AM – 3:00 PM, to rave reviews. Stop in for the options you’ve come to expect — like omelets and biscuits and gravy — but with a great twist. Think Cajun Benedict, Andouille and Asparagus with eggs, Cajun Mary, and much more. For the full menu, visit their website or Facebook page. 388 Broadway | parishpublichouse.com
Cutting the ribbon at McLaren Engineering Group
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NEW & NEWSWORTHY
Expanding Reach and Impact One of the area’s premier entertainment venues, the Palace Theatre, has signed on to manage the Cohoes Music Hall in an effort to extend the success they’ve seen in Albany to the Spindle City. Following several years of financial success under the direction of Holly Brown, the Palace will take over operations and programming of the music hall in September. In an interview with the Times Union, Brown said she sees the music hall, with 385 seats, as ideal for acts too big for 100 person clubs but not large enough to fill other area event spaces. Specifically, her vision includes film screenings, children’s events and programs by the Palace’s partners at Park Playhouse and the Albany Symphony Orchestra.
On the Rise
Ivy League Fashion
NYC Fashion in Downtown
The Albany Chefs’ Wine and Dine for the Arts, the annual weekend-long event that works to preserve the not-for-profit arts community, raised $128,000 during its 2016 event. But that’s not all it raised.
There’s no need to travel to the big city to find the right style clothing that fits your lifestyle.
For those named Rising Star Chefs, the event elevates the recognition of the individuals and the restaurants at which they work. This year, Downtown restaurants were represented in 3 of the 6 finalists. Congratulations to Stephanie Gaddy of Soul Kitchen Albany (153 S Pearl Street), Ken McCorry of Angelo’s 677 Prime (677 Broadway) and Anna Weisheit of The Hollow Bar + Kitchen (79 N Pearl Street).
Find the hottest men’s and boy’s looks at Ivy League Fashion, located in the Albany Coliseum. Their shelves are lined with high fashion jeans, jackets, sweat suits, and hats unique to the Albany area. Preview their inventory on Facebook.
For more information on the festival, visit albanywinefest.com.
153 S Pearl Street facebook.com/ivyleaguefashion
Downtown’s Renaissance It’s not every day that the Lieutenant Governor attends a ribbon cutting in Downtown, but last Fall Kathy Hochul did just that. In October, Downtown welcomed the Renaissance Albany Hotel, signaling the end of a years-long $48.5 million renovation of the historic DeWitt Clinton Hotel. The 204-room hotel sits across from the Capitol and has embraced Albany in décor and the naming of various spaces including the John Hyland library, named for the DeWitt Clinton’s first general manager. The hard work and attention to detail has been noticed by locals, visitors, and The Preservation League of New York State. In April, the building received State recognition for the retention of its architectural heritage.
Lieutenant Governor Kathy Hochul speaks at the ribbon cutting ceremony
The refurbishing, which includes wood paneling and marble floors, was led by Columbia Development, which also renovated the properties in adjacent Wellington Row. The hotel restaurant, Wellington’s, features small plate, high end American fare paired with mixology inspired beverages, and a recentlyreleased brunch menu. 144 State Street | 518.992.2500
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NEW & NEWSWORTHY
SUNY Increases Their Downtown Presence
A Less Taxing Experience
In December of 2015, several departments within State University of New York hosted an open house event celebrating their move to 10 North Pearl Street in the heart of downtown Albany. SUNY Press, New York Small Business Development Center (SBDC), University Center for Academic and Workforce Development (UCAWD) and SUNY Office for Library and Information Services (OLIS) are now occupying three floors and over 30,000 square feet of office space at the corner of North Pearl and State Streets.
Located in the Albany Coliseum, Tax Express is one of downtown Albany’s newest financial services retailer offering tax preparation services for individuals and full service payroll for small to medium sized businesses.
Just blocks away from SUNY Central Administration, employees are excited to be centrally located and are looking forward to taking advantage of Downtown’s walkability and close proximity to restaurants, retailers and a variety of services.
For Something Unique Among the businesses that opened this year in retail incubator Coliseum Mall is Unique Thrift Boutique. Featuring everything from jewelry and furniture to home décor, firsttime business owners Jezma Smith and Edwina Wellington knew the Downtown location was the right spot from the moment they saw it. “We had plans to open the store already, and after seeing an ad for the Coliseum we came to check out the space,” said Smith. “We really liked it, and are excited to be a part of the community of retailers here.” 153 S Pearl Street
“Home of the $99 Tax Return!”
Call to make your personalized appointment, or visit their Facebook page where you can find tips and information on filing your taxes, helpful reminders, and learn how you can earn some cash by referring friends and family! 153 S Pearl Street | 518.288.8293 | facebook.com/taxexpressalbany
Nearly 600 Reasons to Love this Market With an eye on making healthy eating easier and more convenient, the Steuben Street Market opened in early 2016 to tap into the significant growth happening in Downtown. Stocking natural, organic, and non-GMO products in addition to produce, meat, dairy, and cheese, the market is open seven days a week and features approximately 600 items on shelves, daily lunch specials, and grab-and-go options. Manager Charissa Pratt and owners Chris Pratt and Alessio Depoli work to keep the supply as local as possible by partnering with small businesses and farms located in New York State, and even as close by as a few blocks away; among the neighboring Downtown businesses represented are Cider Belly Doughnuts and The Enchanted Florist. 58 N Pearl Street | 518.977.4030
The Name Stays The Times Union Center will stay the Times Union Center — for at least the next five years — after a deal was struck in early 2016 between the County and the Albany-based newspaper. The agreement for the 17,500-seat venue, which has had the name since 2007, will net Albany County about $1.75 million over the next five years, said general manager Bob Belber. In an interview with the Times Union, The Times Union Center Belber said the new deal is a better one for the county as it cuts by a third the annual mandatory advertising the arena and its acts must buy in the newspaper, and offers more favorable financial terms at least one year ahead of schedule. Opening in January 1990 as the Knickerbocker Area, the venue was then the Pepsi Arena before being renamed the Times Union Center. 51 S Pearl Street | timesunioncenter-albany.com
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OUT & ABOUT IN DOWNTOWN
Coliseum Grand Opening: The BID welcomed four new businesses — Ivy League Fashion, Memababies, Tax Express, and Unique Thrift Boutique — to retail incubator The Coliseum Mall in early 2016. Located at 153 S Pearl Street, you can learn more about each of them in the New & Newsworthy section of this Digest.
Holiday lights: The District was once again adorned in holiday lights and decorations in late 2015.
Spring: That time in April when we were sure that spring was finally starting to appear…
Trump rally: About 17,000 people packed the Times Union Center in April to see Republican presidential hopeful Donald Trump.
Facebook | AlbanyBID
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Twitter | AlbanyBID
… Then the next day it snowed.
Angela’s Bridal and Albany Center Gallery collaborated on a window display late last year at the upscale bridal shop on State Street.
Instagram | DowntownAlbany
OUT & ABOUT IN DOWNTOWN
Residential Open House 2015
Restaurant Week 2016 Nearly 10,000 people came Downtown in April for the return of Restaurant Week. With 17 restaurants participating, the annual event encourages people to try a new restaurant or discover a new dish at a current favorite. Serving up 3 courses for $20.16 from April 9-15, new to the annual event were Aji Steak Stone & Sushi and ama cocina. Promotion for the event included print ads, a digital billboard, posts and ads across BID social media channels, and on digital marquees throughout the District. Thanks to those efforts, and event promotion starting earlier than in previous years, visits to the Restaurant Week URL were up 67% over 2015 compared to the same time frame. aybe it’s true that numbers don’t make people drool, but the Restaurant M Week menus sure did. Diners came out to try everything from Steak Teriyaki to Porchetta Alla Romana and everything in between.
The Food Trucks are Back Fork in the Road, the popular event launched by the BID in 2015, returns to Tricentennial Park (Broadway & Columbia Street) on the second Friday of each month through October. Last summer’s events averaged attendance of 650, including young and old — and even some four-legged friends — many of whom live in Downtown or the Capital Region, with the occasional tourist mixed in. Featuring a variety of food vendors, live music, and several hundred of your closest friends, you’re invited to join us from 5:00-8:00 PM to relax in one of our beautiful urban parks. For updates on what food trucks and bands will be at each event, head to downtownalbany.org or like us on Facebook (AlbanyBID).
Residential Open House There’s no questioning it — residential in Downtown is on the rise. But it’s one thing to hear about the units that are coming online in our District and another entirely to experience them for yourself. This summer, the BID offers you another chance to go inside some of the newest apartments. Stay tuned to our website and on the BID’s social media accounts as we’ll be announcing the date and participating buildings. downtownalbany.org
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LIVING DOWNTOWN
Available Living Spaces This summer alone, over 100 residential units will come online in Downtown. More than just big news for our Capital City, it’s great for anyone who seeks to live in Albany’s fastest growing neighborhood. Below you’ll find current availability; for a complete listing of residential projects and news, visit downtownalbany.org. 83 Beaver Street | Beaver Lofts Available: 2 Units | 1134 SF | Bedrooms 2 Bathrooms 2 | Price: $1575–1700 Amenities: Washer and dryer, central AC/ heating, one unit fully furnished with all high end Lazzoni furniture and includes two queen size beds, dining room table, study table/chair, sofa that opens into a full bed, coffee table, TV with TV stand, all linens, towels, plate ware and utensils. Includes high-speed internet, cable, water, and trash. Tenant is responsible for gas (heat/cooking) and electric. Contact: Daniel Oh | 518.400.0327 412 Broadway | The Argus Apartments Available: 2 Units | 800–1070 SF Bedrooms 1 & 2 | Bathrooms 1 Price: $1235–1585 Amenities: On-site parking, in-unit washer and dryer, stainless steels appliances, granite counters, maple cabinets, central AC/heating. Contact: Stefanie@casshilldevelopment.com 488 Broadway | The Arcade Building Available: 7 units | Bedrooms 1-2 Bathrooms 1-2 | Price: $1425-2000 Amenities: Oversized windows allow for an abundance of natural light and fantastic views. Modern fixtures, marble bathrooms, hardwood maple floors, dark mahogany cabinets, quartz countertops, and stainless steel appliances. Contact: 518.512.3693 522-524 Broadway | Penta on Broadway Available: 3 Units | 700–1150 SF Bedrooms 1-2 | Bathrooms 1-2 Price: $1025–1595 Amenities: These luxury lofts on Broadway feature granite countertops, hardwood floors, updated appliances, a fitness room, coin-operated laundry, and shared deck space. Off-street parking is available. Pets welcome. Contact: 518.346.8600
733 Broadway | The Lofts at 733 Available: 9 Units | 1078-1325 SF Bedrooms 1-2 | Bathrooms 1 Price: $1425–1900
4 Sheridan Avenue | Gateway Lofts Available: 1 Unit | 750 SF Bedrooms: Studio | Bathrooms 1 Price: $980
Amenities: Nestled between the heart of Downtown and the vibrant Warehouse District, these new apartments offer offstreet parking, stainless steel appliances, exceptional closet space, multiple floor plans, washer/dryer, wi-fi and cable included. Pets welcome.
Amenities: Large SoHo style studio apartment in a newly renovated, five story elevator building located in the heart of the downtown theater district. Apartment has hardwood floors, 11’ high ceilings, exposed bricks, huge windows, walk-in closet, in unit washer/dryer, stainless steel appliances including a dishwasher, exposed ductwork and extra dedicated storage for each apartment located in the building. Apartment also includes central air, and is pet friendly. Rent includes DirectTV and wi-fi.
Contact: 518.431.1051 17 Chapel FOR SALE: 2 units | 1590–1650 SF Bedrooms 2 | Bathrooms 2 Price: $565,000-650,000 Stylish condos ready for immediate occupancy. These condos are finished with the highest quality materials including engineered hardwood floors, Bosch appliances, beautiful granite counters in kitchen and baths, solid wood cabinets and much more. The open layout is ideal for entertaining and your guests will marvel at the panoramic views of Albany’s capital buildings. Contact: Samuel Critton | 518.421.8462 137 Madison Avenue Available: 1 Unit | Bedrooms 2 Bathrooms 1 | Price: $925 Amenities: Hard wood floor throughout the entire unit with new appliances including washer and dryer, electric stove, dishwasher and large refrigerator. Full bathroom, and access to spacious deck in the rear of the building. Water and trash removal included. Contact: 914.222.1085 23 N Pearl Street Available: 2 Units | 950–1100 SF Bedrooms 1 | Bathrooms 1 Price: $1300-1400 Amenities: Recently renovated apartment with vaulted ceilings in the heart of the central business district close to everything. Features wood flooring, washer and dryer in unit, stainless steel appliances, and granite countertops. Contact: 518.461.8963
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Contact: 518.368.1585 140 State Street | The Berkshire Available: 3 Units | 1180 SF Bedrooms: 1 | Bathrooms 1 Price: $2750 Amenities: Private elevator to floor, 24hour keyless security access system, private parking garage with reserved parking, all new construction behind historic 1902 Berkshire Hotel façade, just steps away from local and NYS government, Times Union Center, Hudson River Park, The Egg, and future Albany Capital Center. Contact: Brandon Stabler 518.862.9133 x4520 60 State Street | Park Place at 60 State Available: 2 Units | 609–770 SF Bedrooms: Studio & 1 | Bathrooms 1 Price: $1300–1650 Amenities: Luxurious finishes and high ceilings, hardwood floors, frameless shower doors, stainless steel appliances, California Closets, floor to ceiling tile in all bathrooms, and parking options available. Contact: Danielle | 518.730.7308 x2
FEATURED PROPERTIES
Available Business Spaces Looking to relocate your business to the heart of it all? Look no farther than downtown Albany. Whatever your specifications are, we have the space that can work for you. From historical buildings with modern amenities to high-rise buildings or shared-space options, you can find it in Downtown. Here is just a sampling of available space. For a more detailed list, visit downtownalbany.org. 488 Broadway 10,000 SF of sub-dividable retail space in the newly renovated Arcade Building. Take advantage of consumer foot traffic generated by the surrounding businesses and growing residential population. Restored to its original Art Deco detail, the Arcade runs through the middle of the ground floor, creating an indoor public space where consumers can congregate and retailers can realize additional exposure. Fairbank Properties | 518.512.3693 52 James Street 3,141 SF of office space on the entire fourth floor for lease. Amenities include a glass conference room, large kitchen, private restrooms. Fully wired. Overlooking Tricentennial Park and across from the SciTi Center at Kiernan Plaza. Parking located in the nearby Riverfront Garage. Tracy Metzger TL Metzger & Associates, LLC 518-426-5211 x103 | tracy@tlmetgzer.com 11 North Pearl Street 7,132 SF retail space in former Home Savings Bank Building with wide open floor plan that can accommodate any desired layout. Formally the Home Savings Bank location, there are high ceilings and ornate, original finishes throughout the great room, featuring gold-leaf embossed and hand-painted ceilings, shining marble walls, flooring and pillars, and a decorative fireplace. Melissa Martino Heights Real Estate | 646-572-6486 mmartino@heightsre.com
30 South Pearl Street | Omni Plaza Class A office suites available from 2,500 – 17,100 (full floor) SF. Contiguous floors can be assembled. Unmatched convenience and centrally located steps from the Capital Center convention center, State Capitol, Albany City Hall, Times Union Center, prominent financial and legal firms, world-class dining and entertainment venues. Enjoy impressive views of the Albany skyline, easy access to major highways, and abundant parking within one block. Mark Aronowitz, CPM OMNI Development Companies 518.432.4500 maronowitz@omnidevelopment.com 40-48 South Pearl Street 4,000 SF turn-key restaurant or retail opportunity with great foot traffic and visibility. Located directly across from the Times Union Center & new Convention Center. Previously Pagliacci’s Ristorante. Sam Thompson Maddalone & Associates, Inc. 518-346-8600 x230 | sam@maddalone.net 46 State Street 6,200 SF, five-story building has the potential to house retail on first and second floors on State Street, Downtown’s main corridor. Take advantage of this prime location located within the City’s Central Business District, adjacent to many offices, popular eateries and newly completed high-end apartments and event space. Steve Moutopoulos 518.210.7735
84 North Pearl Street 13,119 SF located along one of Downtown’s main corridors. This six-story building provides two floors of high-visibility retail space. This C3-zoned property is located in the Central Business District and is only steps from heavily trafficked attractions such as Capital Repertory Theatre, Palace Theatre, as well as other businesses such as Albany’s oldest retail establishment, B. Lodge & Company.
80 State Street Various sizes of Class A office space available from 475 SF to 9,949 SF. Beautifully maintained office building with excellent tenants and close to State Capitol and Times Union Center arena. Parking available in owner’s adjacent garage at a competitive rate. On site amenities include shared lounge, fitness center, bank, and security desk. Landlord can deliver turn-key.
Alex Nichols Eco Realty | 518.461.8963 ecorealty@nycap.rr.com
Laurie Tylenda CBRE | Albany | 518-452-2700 x139 laurie.tylenda@cbre-albany.com
136 State Street 1,600 SF of newly constructed office space housed behind an historic façade. New fit-up to tenants specifications. Formerly the Wellington Hotel, the site offers excellent visibility and close proximity to the State Capitol, local and State government buildings and professional services. Convenient access to and from highways is complemented by the adjacent parking in the Howard Street garage. Brandon Stabler Columbia Development Companies 518.862.9133 x4520 bstabler@columbiadev.com
New Grant Programs Two new grant programs to boost business support in Albany were recently announced by Capitalize Albany Corporation. The Amplify Albany Grant Program will support the City of Albany’s various commercial districts. Funding will be awarded to nonprofits, businesses and other organizations that will create and execute short and medium term innovative, unique and buzzworthy promotional projects, events and programming. The Downtown Albany Retail Grant Program is designed to incentivize businesses interested in establishing a new downtown Albany storefront, to support Albany businesses and those already existing in core downtown areas. Grant funding may assist with new location renovation and fit-up costs or with exterior improvements to properties. To apply for these grants or learn more information, visit capitalizealbany.com/grants. downtownalbany.org
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MISSION STATEMENT To restore, promote and maintain the character and viability of downtown Albany and improve the quality of life and overall image for those who live in, work in and visit the Capital City.
BOARD OF DIRECTORS Executive Committee Brad Rosenstein, Chairperson Jack’s Oyster House Richard Rosen, Vice Chairperson Columbia Development Companies Michael Gulotty, Treasurer Vista Host, Inc. James Hart, Secretary Merrill Lynch Wealth Management Board Members Mark Aronowitz, Omni Development Company, Inc. Louis Bannister, The Enchanted Florist Holly Brown, Palace Theatre
BID Board members from left: Back row Albany Police Chief Brendan Cox, Treasurer Michael Gulotty, Mark Aronowitz, Stephen M. Cleary, Secretary James Hart, Mark Yonally, Hon. Darius Shahinfar, and John Evers. Front row: Jeffrey Gordon, Daniel Fariello, Karen LaBerge, Chairperson Brad Rosenstein, Hon. Carolyn McLaughlin, Holly Brown, and Louis Bannister.
Stephen M. Cleary, Hinman Straub P.C. Brendan Cox, Albany Police Chief George Penn, Office of the Albany County Executive Daniel Fariello, Capital Bank Jeffrey Gordon, The Gordon Companies Karen Laberge, Albany Management James Linnan, Linnan & Fallon, LLP Hon. Daniel P. McCoy, Albany County Executive Hon. Carolyn McLaughlin, Common Council Felton McLaughlin, NAI Platform Dominick Purnomo, Yono’s/dp’s Hon. Darius Shahinfar, Treasurer, City of Albany Hon. Kathy M. Sheehan, Mayor, City of Albany Mark Yonally, B. Lodge & Company
STAFF Georgette Steffens, Executive Director Schuyler Bull, Assistant Director Rebecca Haizmann, Marketing and Communications Manager Don Wilson, Operations Manager
SPRING/SUMMER 2016 | ISSUE 1
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