David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Albany
Centro Sells Albany, N.Y.,-Area Retail Center for $23Mln
Business ReviewCentro Properties Trust has sold the Hannaford Plaza shopping center in the Albany, N.Y., suburb of Wilton, N.Y. The Australian property trust, which has been selling off its portfolio of shopping centers to pay off maturing mortgage debt, sold ...
Mixed-Use Project Planned Near Albany, N.Y.
Business ReviewU.W. Marx is developing a $300 million mixed-use facility in Rensselaer, N.Y. The 1.28 million-square-foot project near Albany, N.Y., includes office, retail, hotel and residential space. However, an executive with the Troy, N.Y., company expressed concern that the credit ...
Mixed-Use Development Site in Albany, N.Y., on Sales Block
Business Review Queri Development is offering for sale an Albany, N.Y., site that has been approved for mixed-use development. The Syracuse, N.Y., company is asking $6.5 million for the 1.8-acre site, at 691 Broadway near Interstate 287. CB Richard Ellis ...
Office Vacancy Rate Climbs in Albany, N.Y., Area
Business ReviewThe Albany, N.Y., region's office vacancy rate rose to 11.2 percent in the second quarter, an 80 basis point increase from six months earlier. But rents remained relatively unchanged, according to CB Richard Ellis. The market has 28.9 million ...
$50Mln Research Campus Planned for Albany-Area
Business Review Boni Enterprises has proposed a $50 million biomedical research campus in the Albany, N.Y., suburb of Halfmoon, N.Y. The Clifton Park, N.Y., developer has applied for a zoning change at the 81-acre development tract on Route 146, about ...
Federal Government Markets for Sale Development Site in Albany
Business Review A 7.5-acre development tract in Albany, N.Y., is being marketed for sale by the federal government. The parcel, along Route 5 and near exit 26 on Interstate 90, was formerly part of the Scotia Navy Depot. It includes ...
Three Developers to Bid on Albany Office Campus Redevelopment
Business Review The state of New York has chosen three developers to submit proposals for the redevelopment of the W. Averell Harriman State Office Campus in Albany, N.Y. Partnerships led by Columbia Development Corp. of Albany, Galesi Group of Rotterdam, ...
Troy, N.Y. Extends Bidding Deadline for City Hall Building
Business Review The city of Troy, N.Y., has extended the deadline for bids on its city hall building to April 30. The city opted to put the River Street property up for open bidding last year after it rejected a ...
Developers Postpone $40Mln Project in Saratoga Springs, N.Y.
The Business Review Developers of a $40 million mixed-use project in Saratoga Springs, N.Y., have postponed work until finding additional financing. Beechwood Associates Saratoga LLC, a Clifton Park, N.Y., group, is developing the suburban Albany, N.Y., project, known as the ...
Industrial Vacancy Rate Falls in Albany, N.Y., Area
Business Review The industrial property vacancy rate in the Albany, N.Y., region has dropped 190 basis points to 8.7 percent in the fourth quarter of last year. CB Richard Ellis/Albany attributes the decline to minimal new construction and higher absorption ...
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