Downtown Albany Digest | Winter-Spring 2018

DOWNTOWN

ALBANY DIGEST

Winter/Spring 2018 Olde English Pub & Pantry co-owner Greta Graydon and her dog Buddy.

See page 3 for more from the Downtown Albany BID’s Hounds of Halloween event!

1 Welcome!

2 Clean, Safe & Vibrant

3 Year of the Dog

5 Around Town

8 Honors & Awards

10 New Retail

11 New & Newsworthy

12 Summer Movies

13 Residential Space Available

14 Retail Space Available

A PUBLICATION BY THE DOWNTOWN ALBANY BUSINESS IMPROVEMENT DISTRICT

WELCOME!

small businesses are opening in Albany’s Central Business District. Large corporations and office tenants are also moving back Downtown to better accommodate their employees who want to be able to live, work, and play in a metropolitan area. From new eateries, colorful public art projects, a new dog park, and resident-focused community events, downtown Albany is the place to be.

Downtown Albany continues to thrive with new residential and commercial offerings. As the number of people living Downtown increases, more and more

Summer is the perfect time to take advantage of all the city has to offer. Alive at Five, the City’s signature free concert series at Jennings Landing, kicked off its 29th season at the beginning of June with a lineup sure to please all types of music lovers. The Downtown is Pawsome Nipper sculptures will be auctioned during a special event in September, so be sure to visit them while they’re still lining our streets. Bites Camera Action, a free summer movie series now in its second year, kicks off in July and will feature popular films broadcast on the Times Union Center’s new LED flat screens. Free block parties are held before each Albany Empire Arena

Downtown realized several achievements in 2017. Our office vacancy rate dropped 4%, asking lease rates increased by $1.17 per square foot, and residential occupancy remained strong at 97%. Nearly 100 new apartments came online in 2017 with another 40 opening early this year. An additional 650 residential units are currently under construction or in the pipeline within or just outside the District.

Investing in public infrastructure to enrich the development that is taking place in Downtown is critical. The BID devoted over $150,000 from our 2017 budget towards direct brick and mortar projects. Initiatives like the creation of the Olde English Downtown Dog Park, the purchase of 45 new trash receptacles, new banners, and the purchase of 50 additional self-watering planters are adding to the vibrancy and appeal of Downtown. With an additional three quarters of a million dollars in grants, the BID is creating safe, attractive connective

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Football game featuring live music and vendors, and a new series of dog-centric events is being developed to help introduce residents to their neighbors through their furry companions.

We’re also introducing the latest Downtown transportation feature that will start later this summer: a free CDTA trolley service running Thursday, Friday and Saturday evenings, which enables you to safely patronize the many Downtown bars, restaurants, and entertainment venues. We also recently launched the second season of CDPHP Cycle!, the region’s first bike sharing program, which surpassed ridership goals within its first month of operation. Stay tuned to more news on development in downtown Albany in the months ahead.

Hon. Kathy M. Sheehan Mayor, City of Albany

corridors, enhancing our streetscape, and assisting in the conversion of four vacant or underutilized buildings into 17 apartments.

It is an exciting time in our Capital City and the BID is proud to be a partner in shaping its future.

Sincerely,

Georgette Steffens Executive Director

CLEAN, SAFE, AND VIBRANT

2017/2018 Investments In 2015 the BID Board implemented a strategic plan that included restructuring and moving the BID Office to lower administrative costs to allow for greater reinvestment in the District. The result: over $150,000 expended on public infrastructure in Downtown.

Initiatives include: • Creation of the Olde English Downtown Dog Park, which opened in November • Purchase of 40 new trash receptacles that replaced all the 10+ year old existing bins throughout the District • New vibrant Welcome to Downtown banners • Purchase and installation of 50 additional self-watering planters, doubling our ground level flower program • Purchase of 25 sets of bistro tables and chairs for Tricentennial Park Grants The BID received two grants totaling $645,000. Those monies are funding the following: • The residential conversions of four vacant or underutilized buildings, creating 17 new apartments and leveraging over $5.3 million of investment • Enhancing connective corridors in the Convention Center District (the area between the newly renovated Times Union Center and the recently opened Capital Center), through lighting, streetscape, public art, and more

A little snow can’t stop local Golden Retriever Miles from enjoying the Olde English Downtown Dog Park Photo: Instagram/@mycamels Mural: Chip Fasciana and Mark Gregory

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YEAR OF THE DOG

Happy Hall-o-Woof!

Terrifying terriers and spooky schnauzers roamed the streets of downtown Albany for the inaugural Hounds of Halloween event on Saturday, October 21. More than 85 pups and their people joined in Downtown’s first ever doggo trick-or-treating and canine costume contest. Over 20 local businesses handed out tasty treats for dogs and humans alike, with The Olde English Pub & Pantry’s pet-friendly patio serving as home base. It was the first of many planned “pup-up” events centered around the new Olde English Downtown Dog Park, so stay tuned for updates on our website and social media pages! The best part about all this frightening fun? The event raised hundreds of dollars for the programs of the Mohawk Hudson Humane Society – a doggone good cause!

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YEAR OF THE DOG

Downtown’s Newest Amenity has Gone to the Dogs!

Completed in November 2017, the Downtown Albany BID’s newest amenity, the Olde English Downtown Dog Park, boasts 15,000 square feet of tail wagging greenspace for dogs to run, jump and play. The upscale perimeter fence with double gated entrance, ornate park benches and dog waste stations make this a distinct and eye-catching addition to Downtown. Open from dawn to dusk seven days a week, there are plenty of trees for shade, two large boulder features and a monumental dog mural painted by local artists.

With Downtown’s residential population continuing to grow, the dog park is a great place for pet owners to meet and socialize while their dogs get some exercise. While dogs and their owners love playing in them, dog parks can also create a safer, more active, pet-friendly community. Dog parks make our community safer by offering a secure area for dogs to play, socialize, enjoy the fresh air and relax! Enjoying the park bench while watching your dog play can enhance the overall experience for those who live, work and play in downtown Albany.

One of the littlest Downtown is Pawsome fans with her favorite statue, who she nicknamed “Flower” Photo: Erin Hennessy

A view of the new Olde English Downtown Dog Park from N. Pearl Street

Spring Weather is Pawsome The Downtown is Pawsome Nipper sculptures have been moved back outside!

If you didn’t know, our 2017 placemaking exhibit, Downtown is Pawsome, features a collection of three-foot-tall sculptures based on Albany’s famous canine resident and local landmark, Nipper the Dog. These colorful statues were designed and customized by regional artists and placed on display at various Downtown locations.

The pups were relocated to their indoor “foster homes” for the winter, but the warm weather has brought them back outside!

Feel free to stop by our office to pick up a printed version of the walking map. To join the conversation on social media and get a chance to be featured on our pages, make sure to include #downtownispawsome in your posts! downtownalbany.org

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AROUND TOWN

A view of the Times Union Center’s new atrium during its official opening ceremony after concluding renovations

An A-List Makeover for the Times Union Center The Times Union Center’s long-awaited renovations are complete and open to the public! The fourteen-month restoration was focused on the now enclosed atrium — both modernizing the exterior of the arena and keeping it safe from the elements.

The comforts of the climate-controlled and redecorated space come after $19.8 million worth of impressive enhancements.

Other notable upgrades include enclosed glass elevators, brand new escalators, LED screens outside the South Pearl Street building, and the eye-catching three-story waterfall centerpiece that amazes locals and visitors alike. If you have not yet visited the Times Union Center, make sure to keep your calendars open for upcoming events.

Executive Director Georgette Steffens, Jack’s Oyster House owner Brad Rosenstein, and Cafe Capriccio chef/owner Jim Rua sit down to talk Restaurant Week with Spectrum News’ Tamani Wooley

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AROUND TOWN

A section of the mural in the Green-Hudson Parking Garage by artist Sylvie Kantorovitz

Brightening Downtown One Mural at a Time Three new murals have popped up in Downtown since our last Digest. They are part of the Capital Walls project, which is a collaboration between the Albany Center Gallery executive director and curator Tony Iadicicco, and the Albany Barn. The project is being funded by the Albany Parking Authority as part of the organization’s effort to make their garages feel more welcoming. Sidenote: They also make pretty sweet backdrops for your Facebook and Instagram photos. You can find these murals inside the GreenHudson Garage and on the wall that runs along Water Street by the Riverfront Parking Garage. Other works that are part of this project include Michael Conlin’s Bluebird mural on the Quackenbush Parking Garage and Hellbent’s enormous and colorful addition on the other side. The Capital Walls team is already planning more murals for 2018 and 2019, so keep your eyes peeled!

Artist Cara Hanley’s mural in the Green-Hudson garage

Mural on the wall that stretches along Water Street by abstract painter Rachel Baxter

The beginning of artist Sylvie Kantorovitz’ mural in the Green-Hudson Garage

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AROUND TOWN

Ready, Set... Erin GO Bragh!

Downtown went green on Saturday, March 17! The Albany St. Patrick’s Day Parade returned for its 68th year, with the famous celebration of Albany’s deep Irish heritage evolving into a full day of fun for all ages. Kicking off the festivities with dancing, music, and vendors at the Family Fest, the day ramped up with the first annual Irish Sweat-er 5K. Organized by the Irish-American Heritage Museum, this brand-new “fun run” sent hundreds of hearty participants racing along the parade route, just before the main event stepped off from Central Avenue & Quail Street. Laughter and cheers followed the marchers across Albany’s historic neighborhoods, bringing a glimmer of the Emerald Isle to the Capital City.

Rachel Toolan, 1st Place

The event graphic for the first Fort Orange Holiday Market, which was held in the Arcade Building at 488 Broadway from November through December

Teamwork Makes the Dream Work Collaborative projects between stakeholders led to creative breakthroughs and successful events during the holiday season. Handmade at the Hollow, an The Downtown Farmers Market is back outside! Find it out front of the SUNY Administration Building annual #ShopSmall makers’ market on Thursdays from 11AM - 2PM spearheaded by the Enchanted Florist and hosted by the Hollow Bar + Kitchen, saw hundreds of attendees spending their Small Business Saturday browsing locally-produced items from independent businesses.

For four evenings in December, the Fort Orange General Store Holiday Market brought together a wide variety of artisans selling their wares in the Arcade Building, allowing patrons to check out creative gifts from local vendors before getting a cut at Bombshell Hair & Beauty Studio, perusing Albany Center Gallery’s latest exhibit, or stopping into Stacks Espresso Bar for a tasty beverage.

Community spirit is alive and well among our neighborhood businesses!

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HONORS & AWARDS

Angelo Maddox Receives Inaugural Downtown Luminary Award The Downtown Albany Business Improvement District (BID) presented its inaugural Downtown Luminary award to Angelo Maddox, owner of Fresh & Fly Clothing, at the BID’s “Let’s Talk Downtown” networking event at Jack’s Oyster House on April 11, 2018.

The event, co-presented by the BID and Capitalize Albany Corporation, offered an update on Downtown development and initiatives to the neighborhood’s business and residential stakeholders.

The Downtown Luminary award recognizes an individual or organization that acts as a “leading light” in the development of Downtown’s small business, arts, and/or residential communities. A Downtown Luminary is a gamechanger, a leader who helps shift the perception of what the District is and what its future can hold.

A Brooklyn native, Angelo Maddox moved to the Capital Region in 2000 to attend Hudson Valley Community College and the State University at Albany, honing his Angelo Maddox, winner of the inaugural business concept through student events, vending opportunities, and even selling Downtown Luminary Award and owner of clothing out his car while still in college. In September of 2006, just a year after Fresh & Fly Clothing Inc. (13 S. Pearl Street) graduating from SUNY, he founded Fresh & Fly Clothing as one of the first storefronts in The Coliseum, a retail incubator on S. Pearl Street. Through steady growth, Fresh & Fly became a key tenant at The Coliseum, eventually expanding into an entire floor of the building before moving into its current standalone location at 13 S. Pearl Street in 2012. Over the past 12 years, Maddox has developed Fresh & Fly into a store that keeps its finger to the pulse of the latest urban fashion trends while staying true to the classics. Offering excellent customer service and some of the hottest apparel and footwear brands, Fresh & Fly has become a trusted neighborhood retail destination. Maddox’s community spirit extends to his work as a mentor; his success at The Coliseum made him a natural role model for other South End small business owners, and he partnered with the City of Albany’s Office of Youth and Workforce Services to establish the Succeeding With Attainable Goals (SWAG) Program, teaching young people entrepreneurial skills and the importance of teamwork, leadership, and community engagement. Maddox was recently included in the Albany Business Review’s “40 Under 40” Class of 2018, an annual list and awards ceremony recognizing young Capital Region professionals who are shaping the community’s future.

“One of the key factors that has allowed me to obtain this level of success is just listening to my customers – understanding their needs, understanding what they want, and listening twice as much as I talk,” said Downtown Albany BID operations manager Maddox. “Coming up from hard Don Wilson, executive director Georgette beginnings and being in the place that Steffens, and Fresh & Fly Clothing owner I’m in now, I’m showing young kids that Angelo Maddox on S. Pearl Street come into my shop that if I can do this, they can do this. They can run their own businesses and do whatever they set their minds to if they stay focused and go after their goals,” continued Maddox. “It’s proof positive that it can be done – not by saying it, but by actually seeing it and being it. It’s illuminating. Winning this award and being able to reflect on these accomplishments is a great position to be in, and I don’t take it lightly.”

Let’s Talk Downtown event invitation

Presenting the Downtown Luminary Award was BID board member and owner of B. Lodge & Company Mark Yonally. Recently celebrating its 150th year in business, Lodge’s is a Downtown institution that “kept the lights on” during periods of rebirth and revitalization in the Central Business District. “Angelo is a success story for Downtown,” said Yonally. “Not only is he a small business owner who truly listens to his customers, he’s also become a mentor for others to look up to as an example of what the entrepreneurial spirit can accomplish over time. We’re seeing the resurgence of downtowns across the country, which is in large part driven by independent, fully-invested retailers like Fresh & Fly Clothing, who can feed on one another’s success and work together while meeting the needs of the residential population.” downtownalbany.org

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HONORS & AWARDS

Gavin J. Donohue Receives the 2018 James M. DiNapoli Award The Downtown Albany Business Improvement District (BID) presented the 6th Annual James M. DiNapoli Award to Gavin J. Donohue, President & CEO of Independent Power Producers of New York, Inc. and former Chairman of the Albany Convention Center Authority (ACCA), at the BID’s Annual Meeting on Wednesday, May 16, 2018 at Sixty State Place.

Created in 2013 in honor of founding member and inaugural Chairman of the Downtown BID, the James M. DiNapoli Award is presented annually to an individual, organization, or business that exemplifies Mr. DiNapoli’s spirit of partnership and community-building in shaping the direction of downtown Albany.

From left: Assemblymember Patricia Fahy, Assemblymember John T. McDonald III, Gavin J. Donohue, Senator Neil D. Breslin, and former City of Albany Mayor Gerald Jennings

Appointed to the ACCA board in 2005 by Governor George Pataki, Mr. Donohue was appointed Chairman in 2008 by Governor Eliot Spitzer and continued in the volunteer leadership position through multiple gubernatorial administrations and a wholesale reinvention of the Convention Center plan. As Chairman, Mr. Donohue’s passion and perseverance were instrumental in changing the face of Downtown with the establishment of the Albany Capital Center.

Building the Albany Capital Center methodically through years of planning and approval processes, Mr. Donohue was the epitome of a hands-on Chairman.

Through his steadfast determination over nearly a decade, the Albany Capital Center opened in March of 2017. Situated in the heart of Downtown, the Capital Center is an 82,000-square-foot state-of-the-art facility offering a key connection between the Empire State Plaza and the Times Union Center. Together, these three spaces create the Capital Complex, the largest meeting space in Upstate New York.

The construction of the Center, completed on schedule in 24 months, employed 140 workers per day on average from 11 trades and provided 120 permanent jobs. It has been a transformational project for downtown Albany and the City as a whole, spurring private development around the site and opening the Capital Region to new convention and meeting business. The Capital Center exceeded its first-year projections by hosting 139 events in 2017, attracting major conferences and events to downtown Albany and generating 4,285 hotel room nights. In its first full year of operations, $7.7 million in direct spending in Albany County was attributed to Capital Center events, generating $404,414 in new County sales tax revenue. As of May 15, 264 event days are currently booked at the venue for 2018, including conferences, conventions, sporting events, and concerts. These events are expected to draw 80,502 visitors to downtown Albany and generate 9,867 hotel room nights this year.

Through Mr. Donohue’s persistence and leadership, he earned the trust of four governors and the citizens of the Capital Region during his tenure.

Most importantly, he saw a game-changing project through to its completion. As the Albany Capital Center welcomes visitors and residents to hundreds of events each year, it stands as a testament to Mr. Donohue and his vision for Downtown. Previous James M. DiNapoli Award recipients include Tracy Metzger (2013), I. David Swawite (2014), Joseph Nicolla (2015), Nancy Zimpher (2016), and Anders Tomson (2017).

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The Donohue family

NEW RETAIL

Seven New Retail Destinations Open their Doors to Downtown To support the neighborhood’s growing residential population, entrepreneurs are finding it more and more attractive to open or move their business here. In the last 5 years alone, 59 new retailers opened up shop in downtown Albany.

Bombshell Hair & Beauty Studio 488 Broadway (enter from James Street)

Ria’s Bistro & Bakery | 113 State Street

The Taverna | 38 S. Pearl Street

BeAti Acupuncture Wellness Clinic 123 State Street

Crazy 4 Green Diecast Replicas | 59-61 N. Pearl Street, Steuben Alley Storefront #2

Berkshire Bank | 30 S. Pearl Street

Urbane Brows and Beauty | 59-61 N. Pearl Street, Steuben Alley Storefront #3

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NEW & NEWSWORTHY

The New Capital Center Apartments of 99 Pine Street To commemorate the opening of the Residences at Capital Center at 99 Pine Street, Hudson Partners Development, along with Capitalize Albany Corporation and the Downtown Albany BID, held an official ribbon cutting ceremony on Tuesday, March 6. Immediately following the ribbon cutting, the general public was invited to attend a tour of multiple units throughout the property.

Completed in 2018, the $7 million conversion of the upper floors of this 100,000 square foot building in the heart of downtown Albany is known as the Residences at Capital Center. The 36 upscale residential units boast hardwood floors, granite countertops, Roman showers, washer/dryers, and highly sought-after amenities such as a fitness center, rooftop deck and dog park, theatre room, on-site self storage, and more!

The unit mix is studios and 1-bedrooms, all with 1 bathroom. The square foot range is from 600-1100 square feet, with the average apartment square feet around 850 for the building. Pricing ranges from $850-$1400, depending on unit size and location within the building. Parking is available. The apartments are on the top 3 floors (great views!) with a five-story glass elevator running up the glass atrium.

A view from the roof top dog park at Capital Center Apartments | 99 Pine Street

The bar portion of Loch & Quay was built in 1937 by George Spalt & Sons cabinet makers, a company that was once located in the building that is now home to Graney’s Stout on northern Broadway.

The restaurant’s wainscoting, table tops, tin ceiling, and other design elements were also reclaimed or restored from the historical space’s previous businesses.

A New Restaurant & Three Fully-Renovated Apartments for 414 Broadway The $1.4 million completed redevelopment of 414 Broadway in downtown Albany has yielded a full renovation of the building. The once underutilized second, third and fourth floors are now three apartments, with the ground floor home to a full-service bar and restaurant named Loch & Quay (pronounced “Lock & Key”).

A state-of-the-art kitchen inside one of the three newly renovated apartments at 414 Broadway

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A component of Governor Cuomo’s Regional Economic Development Council Initiative, the project was made possible in part by a grant from New York State Homes and Community Renewal’s (HCR) New York Main Street program, with support from National Grid’s Main Street Revitalization Program and the Downtown Albany Retail Grant Program — a program made possible by the City of Albany Capital Resource Corporation and Capitalize Albany Corporation. The building at 414 Broadway is one of four properties receiving support for building rehabilitation through HCR’s New York Main Street grant program, which is being administered by the Downtown Albany Business Improvement District (BID) and will ultimately result in the creation of 17 new apartments. The $390,000 HCR New York Main Street grant is leveraging approximately $2.5 million in new investment. Other Downtown properties undergoing a positive transformation thanks to HCR’s New York Main Street program include 402 and 420 Broadway as well as 46 State Street.

SUMMER MOVIES IN THE CITY

Bites Camera Action Returns July 9 in Front of the Times Union Center The Downtown Albany Business Improvement District (BID) and the Times Union Center are proud to present the second season of Bites Camera Action, a free outdoor summer movie series kicking off July 9 and running for six consecutive Monday evenings through August 13!

With support from sponsors Berkshire Bank, Fidelis Care, and SEFCU, this year’s Bites Camera Action events will transform a section of South Pearl Street into an open-air movie theater.

A collection of popular films, including both classic favorites and new releases that were chosen by members of the community after circulating an online survey, will be played on the Times Union Center’s new, 15-by-70-foot LED display screens, which were unveiled as part of a $19.6 million façade renovation project in January.

Prior to each film’s screening, attendees are encouraged to bring their friends, family, and coworkers to enjoy music, games, and plenty of food and drink options from downtown Albany eateries.

South Pearl Street will close to vehicular traffic from Beaver Street to Hudson Avenue at 6:30 PM on Mondays from July 9 to August 13. A short film from local media group Youth FX will play at 7:00 PM each week, with the feature presentations kicking off at 7:30 PM. The six featured films were chosen by nearly 600 community members who voted in an online survey.

The schedule is as follows: July 9:

Invincible

July 16:

The Goonies

July 23:

Jumanji: Welcome to the Jungle

July 30:

Hidden Figures

BID volunteers Al, John, a T-Rex who suddenly appeared during last year’s Bites Camera Action, and Stephen

Three Cheers for our Volunteers!

Many of the BID’s free events are made possible by a generous, enthusiastic group of volunteers. Led by Volunteer Coordinator Al Delossantos, these familiar faces greeted attendees with a smile at Bites Camera Action, the Residential Open House, and the Fort Orange Holiday Market. These folks truly care about their community, and you’ll often find them donating their time to other organizations like the Palace Theatre, Discover Albany, or the City of Albany’s Cultural Affairs Office. So let’s hear it for Al, Stephen, Bridget, John, Greg, Yvette, Chris, David, Thai, Madeline, Chet, and all of the wonderful people who helped keep Downtown fun and friendly in 2017!

August 6: Rogue One: A Star Wars Story August 13: Guardians of the Galaxy

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RESIDENTIAL SPACE AVAILABLE

This spring alone, nearly 100 residential units have come online in Downtown, with hundreds more in the works. 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.

23 N Pearl Street Available: 1 unit | 950-1,100 SF Bedrooms: 1 | Bathrooms: 1 Price $1,295 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. Spiral staircase to loft.

Contact: 518.441.0748 or 518.210.7735 35 Maiden Lane Available: 1 unit | 700-800 SF Bedrooms: 1 | Bathrooms: 1 Price $1,295 Amenities: Newly constructed units located above a new restaurant 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: 518.441.0748 or 518.210.7735 414 Broadway Available: 1 unit | 1,200 - 1,500 SF Bedrooms: 1-2 | Bathrooms: 1 Price $1,250 Amenities: All apartments have a video/ intercom security system, full sized washer and dryer, hardwood floors, independent central heating and AC units, brand new appliances, quartz counters, and new windows, which include professionally installed window treatments. Guaranteed covered garage parking in the Green-Hudson Parking Garage will be available to the tenants at an additional monthly cost.

Contact: Lauren Kennedy 518.573.8366 | LAKennedy7@gmail.com

The Argus Apartments 412 Broadway Available: 3 units available for immediate lease 650 - 1125 SF Bedrooms: 1-2 | Bathrooms: 1 Price $1,085 - $1,785

Steuben Place Apartments 40 Steuben Street Available: Studio, 1 & 2 Bedrooms 600-1,180 SF Bedrooms: 2 | Bathrooms: 2 Call for pricing

Amenities: Rent includes 1 assigned parking space in gated lot on site, in-unit washer/ dryer, stainless steel appliances, granite countertops, maple cabinets, energy efficient central heating and air conditioning, water, sewer, and trash removal. The building also includes a beautiful lobby, exposed brick, and 6,500 SF of retail space.

Amenities: Luxury apartments in beautifully restored historic building. High ceilings, exposed ductwork, large windows, hardwood floors. All the modern conveniences including in-unit washer & dryers, gas range, stainless steel appliances, granite counters, LED lights, programmable thermostat, ceramic tile bathrooms and California Closets. Rent includes a parking space, basic cable, internet and storage room.

Contact: Chantal Walker 518-371-2410 x24 | info@casshilldevelopment.com Capital Center Apartments 99 Pine Street Available: 4 units | 600 - 1,100 SF Bedrooms: 1 | Bathrooms: 1 Price: Starting at $1,475 Amenities: Hardwood floors, granite counter tops, Roman showers, washer/dryers, fitness center, rooftop deck & dog park, theatre room, and more! Parking and on-site selfstorage are also available and the apartments are all on the top 3 floors (great views), with a five-story glass elevator running up the atrium. Heat/hot water, electric, cable internet, and trash are included in the rent.

Michelle LaBarge Maddalone and Associates 518.346.8600 | michelle@maddalone.net Penta on Broadway 522-524 Broadway Available: 1 unit | 1,150 SF Bedrooms: 2 | Bathrooms: 2 (Penthouse) Price: $1,595 Amenities: These luxury lofts on Broadway feature granite countertops, hardwood floors, updated appliances, a fitness room, coinoperated laundry, and shared deck space.

Off-street parking is available. Pets welcome.

Contact: Sam 518.331.6169 | Sam@maddalone.net

Contact: Lisa Aronowitz 518.650.4500 info@steubenplaceapartments.com www steubenplaceapartments.com Park Place 60 State Street Available: 2 units | 659-696 SF Bedrooms: 1 | Bathrooms: 1 Price: $1,450 Amenities: Renovated in 2013, Park Place at 60 State offers modern luxury living in the downtown Albany area. Hardwood floors, stainless steel appliances, tile showers, modern finishes, washer/dryer, California Closets, and 10-foot ceilings.

Contact: Monica Hurry 518.462.7411 x615 Mhurry@gordondevelopment.net www.parkplace60state.com Luxury on Pearl 33 N Pearl Street Available: 1 unit | | 925 SF Bedrooms: 2 Bathrooms: 1 Price: $1,395 Amenities: 12-foot high-paneled ceilings, central air, oak floors in the living room and kitchen, berber carpet in both bedrooms, GE Stainless Steel appliances, waterfall shower heads, stone countertops, huge windows, bright rooms, in-unit washer & dryer, in-unit gas and HVAC, intercom entry, and on-site/live-in building superintendent. Cats and other small pets are permitted for a non-refundable deposit.

Contact: Andrea Urgo 518.469.1349 | luxuryonpearl@gmail.com

Background: A residential unit inside Park Place at 60 State Street

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COMMERCIAL SPACE AVAILABLE

Looking to relocate your business to the heart of it all? Look no further 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 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.

11 North Pearl Street Office Space for Lease | 3 available suites starting at 150 SF Amenities: 7,132 SF retail space in former Home Savings Bank Building with wide open floor plan that can accommodate any desired layout. There are high ceilings and ornate, original finishes throughout the great room, featuring gold-leaf embossed and handpainted ceilings, shining marble walls, flooring, and pillars, and a decorative fireplace.

Contact: Melissa Martino | 917.402.9766 79 North Pearl Street Office Space for Lease | 33,000+/- SF with multiple spaces on 5 stories Price: $11.00 PSF Amenities: Lofted ceilings, loft spaces, and natural wood timbers. Exposed brick and other raw features. Restaurant on ground floor.

Contact: Leah Witko 518.649.7505 | leahwitko@gmail.com

trafficked attractions such as Capital Repertory Theatre and Palace Theatre, as well as other businesses such as Albany’s oldest retail establishment, B. Lodge & Company.

Contact: Moutopoulos Brothers, Inc. 518.210.7735 moutopoulosbrothersinc@hotmail.com 63 State Street Commercial Building Available for Sale 5,596 SF Price: $699,000 Amenities: Unique opportunity to purchase a free-standing building on State St. Ideal for office or retail use. Three stories feature open floor plan, brass elevator and period details throughout the building with great visibility to the street. Close to Downtown restaurants, retail, hotels and Times Union Center, and conveniently located to access I-787, I-87, I-90, train station and bus terminal.

Contact: Leah Witko 518.649.7505 | leahwitko@gmail.com 69 State Street Office Space for Lease | Total of 60,000+/- SF of available space | Multiple suites starting at 2,500 SF +/Price: $9.75-$11.25 PSF Amenities: Downtown Albany landmark building right at the intersection of South Pearl St. Bank of America as anchor tenant. 24/7 security, full maintenance and management.

Café on lobby level. Close to Downtown restaurants, retail, hotels and Times Union Center, and conveniently located to access I-787, I-87, I-90, train station and bus terminal.

Contact: Leah Witko 518.649.7505 | leahwitko@gmail.com 80 State Street Class A Office Space for Lease | Multiple suites available, ranging from 457 to 15,143 SF +/Price: starting at $22/SF + electric | Upper floors $23/SF + electric

79 North Pearl Street 84 North Pearl Street Office Space for Lease | 13,119 SF Price: $6,500 Amenities: 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

Amenities: Beautifully maintained class A office building located in the center of the Albany CBD’s financial district, just steps to Capitol. On-site amenities include shared lounge, fitness center, bank and 24/7 security desk. Parking available in owner’s adjacent garage at a highly competitive rate, which includes free arena parking.

Contact: Laurie Tylenda, CCIM SIOR 518.452.2700 x139 Laurie.Tylenda@cbre-albany.com

100 State Street Office Space for Lease | 3 available suites starting at 1,800 SF Amenities: Executive office suites and spaces just a couple blocks from the Empire State Plaza, the Times Union Center, and the rest of Albany’s Central Business District. This handsome ten story mixed-use building located right in the middle of everything will earn your company the success and respect it deserves. Incredible access to transportation, culture, technology, government, and educated professionals.

Contact: Melissa Martino | 917.402.9766 66 South Pearl Street Office Space for Lease | Multiple suites available, ranging from 5,000 to 20,325 SF (full floor) Amenities: Impressive two-story lobby with security desk. On-site parking garage.

Fantastic views from all sides and exterior signage available for large tenants. Located across from Times Union Center within walking distance to State Capitol, Legislative Office Building, Courts, Hudson River and prominent legal & financial firms. Easy access to major highways.

Contact: Mark Aronowitz Omni Development Company, Inc. 518.432.4500 maronowitz@omnidevelopment.com www.66southpearl.com MIXED USE SPACE AVAILABLE: 12 Sheridan Ave 3-Story Building 4,572 SF

Available

for

Sale

Price: $460,000 Amenities: Currently single office tenant, with multiple tenancy opportunity on each floor.

Kitchen, bathrooms and separate meters and HVAC on each floor. Parking located across the street in paid lot.

Contact: TL Metzger and Associates, LLC 518.426.5211 x103 | Tracy@TLMetzger.com 119-121 Madison Avenue Mixed Use Building Available for Sale 9,167 SF Price: $599,000.00 Amenities: Iconic Albany restaurant for sale (price includes business and real estate); 50+ parking spaces available on 3 lots (FFE); 180 seats in main dining room and aprox; 70 seats in banquet room; 4 residential units in building, with potential revenue of +/- $30k.

Contact: Leah Witko 518.649.7505 | leahwitko@gmail.com

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21 Lodge Street | 1st Floor | Albany, NY 12207 T: 518.465.2143 | F: 518.465.0139 downtownalbany.org Twitter | AlbanyBID

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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 Richard A. Rosen, President Columbia Development Companies Mark Aronowitz, Vice President Omni Development Company, inc.

Daniel Fariello, Treasurer - Capital Bank Pamela Nichols, Secretary - O’Connell & Aronowitz Board Members Louis Bannister, the Enchanted Florist Meghan Barkley, Aeon Nexus Stephen M. Cleary, Hinman Straub, P.C. (Ret.) David Galin, Downtown Resident Lena Hart, Precision Fitness Hon. Daniel P. McCoy, Albany County Executive Seth Meltzer, Hudson Partners Development Tracy Metzger, TL Metzger & Associates Frank O’Connor, Gleason, Dunn, Walsh & O’Shea George Penn, Albany County Director of Operations Chris Pratt, Pearl Street Pub | Public House 42 David Sarraf, Fairbank Properties Robert Sears, Albany Chief of Police Hon. Darius Shahinfar, City of Albany Treasurer Hon. Kathy M. Sheehan, City of Albany Mayor Tyler Wrightson, Leet Systems | Stacks Espresso Bar | Co-Lab Mark Yonally, B. Lodge & Co.

STAFF Georgette Steffens, Executive Director Jason Bonafide, Special Events Manager Jenny Coye, Communications Specialist Veronica Medina-Matzner, Executive Assistant Don Wilson, Operations Manager

BID Board members from left. Lena Hart, Meghan Barkley, Chris Pratt, Frank O’Connor, Tracy Metzger, Seth Meltzer, David Sarraf, Hon. Darius Shahinfar, Stephen M. Cleary, Mark Yonally, Vice President Mark Aronowitz, David Galin, President Richard Rosen, Tyler Wrightson, George Penn.

Thank you to our generous 2017 sponsors! $10-15,000: Remarkable Liquids $5,000-$9,999: O’Connell & Aronowitz Attorneys at Law The Olde English Pub & Pantry Upside Collective $2,500 - $4,999: 80 State Street Dawn Homes Management The Hollow Bar + Kitchen Mohawk Hudson Humane Society Pearl Street Pub The Windsor Companies $1,000-$2,499: Albany Medical Center blue82 Capital Bank Capitalize Albany City of Albany Capital Resource Corporation CDTA Columbia Development Companies Discover Albany Gleason, Dunn, Walsh & O’Shea Gordon Companies Jägermeister Lucky Strike

The Merry Monk Palace Theatre ParkAlbany Sequence Development Sneeringer Monahan Provost Redgrave Title Agency, Inc. $500-$999: Brown | Weinraub The Capital Bistro Couch White, LLP Hon. Darius Shahinfar In-kind: Albany Center Gallery ama cocina Broadway Plaza Liquor Capital Region Chamber Christ’s Church DeCrescente Distributing Company Enchanted Florist of Albany The Fifth Tier Baking Studio The Hollow Bar + Kitchen Nippertown.com Love Albany Mazzone Hospitality Palace Theatre WEQX Yono’s | dp An American Brasserie