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A moratorium on tax breaks for new hotels is in effect as the city aims to include progressive criteria in its requirements for getting tax breaks. ....
Albany IDA approves taking rest of parking lot district through eminent domain Issue now goes to state court FacebookTwitterEmail Albany s Parking Lot District is shown on Monday, Aug. 6, 2018, in Albany, N.Y. The city of Albany IDA s approved in January 2021 trying to take the last parcels in the district through eminent domain so it can try to redevelop the site. (Will Waldron/Times Union)Will Waldron/Albany Times UnionShow MoreShow Less 2of5Buy PhotoView showing property in the former convention center site, or more commonly known as the parking lot district, on Monday, March 2, 2020, in Albany, N.Y. (Will Waldron/Times Union)Will Waldron/Albany Times UnionShow MoreShow Less ....
Rochester developer proposing $24M Clinton Avenue project FacebookTwitterEmail 3 1of3Building at 165 Clinton Ave. on Thursday, Jan. 7, 2021 in Albany, N.Y. (Lori Van Buren/Times Union)Lori Van Buren/Albany Times UnionShow MoreShow Less 2of3Building at 165 Clinton Ave. on Thursday, Jan. 7, 2021 in Albany, N.Y. (Lori Van Buren/Times Union)Lori Van Buren/Albany Times UnionShow MoreShow Less 3of3 ALBANY – The Rochester-based developer that snapped up 70 townhouses along Clinton Avenue for renovation is looking for financial assistance for a $24 million second phase of the project. Home Leasing LLC is proposing to redevelop five properties and build a 50,000-square foot, three-story, mixed-use building that would include additional space for an existing incubator for minority and women-owned business. A public hearing for the project was scheduled by the Albany Industrial Development Agency on Wednesday Jan. 13. ....