News releases from Albany Business Review
With eye toward return of large events, Albany Capital Center to install new air filter
May 21, 2021
"The facility is committed to minimizing the risk of coronavirus transmissions and strives to bring confidence back to visitors for larger in-person meetings, events, conventions and trade shows," the...
An opportunity teed up for country clubs
May 20, 2021
The number of golf rounds spiked during last year's pandemic summer — and for many country clubs, membership interest climbed to levels not seen in years. Now they're working to capitalize on that...
New York is dropping its mask and social distancing rules in many situations for people who are fully vaccinated, setting up a new question for businesses: How to figure out who should still wear a...
Gov. Andrew Cuomo said individual private venues and businesses have the authority to add additional guidelines to the state and CDC guidelines.
New York is reviewing its mask mandate after the Centers for Disease Control on Thursday said vaccinated Americans can gather in most places without masks.
Fewer people are moving to the Capital Region — and more people are leaving — according to the most recent Census Bureau estimates.
New York is changing the rules for large parts of its economy next week after more than a year of many businesses being shut down, at least partially, due to the coronavirus pandemic.
The century-old business provides costumes for theatrical productions across the country and is a destination at Halloween.
Nearly 3,500 public and private colleges and universities nationwide are getting $36 billion as part of the $1.9 trillion American Rescue Plan relief package signed in March.
The New York State Authorities Budget Office has asked a judge to dismiss a lawsuit challenging state oversight and financial reporting requirements for the privately run Saratoga Economic Development...
New York State has opened applications for its annual $750 million Regional Economic Development Council competition, and this year some businesses may be able to get state money for their projects...
Register Now: Shirley Ann Jackson and Havidán Rodríguez to discuss the future of higher ed
May 10, 2021
Join the Albany Business Review for a moderated discussion with the presidents of the Rensselaer Polytechnic Institute and UAlbany about leading their institutions during significant economic changes...
UAlbany reduces budget by $25M, has $8M to go
May 09, 2021
UAlbany initially had thought it would need to reduce the budget by $38 million, but that target was reduced to $33 million following federal stimulus funding and a state budget that was more favorable...
Boutique hotel opening in century-old Albany mansion
May 07, 2021
The Argus Hotel is opening this weekend inside a renovated, century-old mansion near Washington Park in Albany.
IBM says the chip technology it's developed in Albany will drive semiconductor innovation for the next decade.
Outdoor stadiums, concert venues and race tracks will be allowed 100% capacity for vaccinated guests
May 05, 2021
It's good news for outdoor venues like the Saratoga Performing Arts Center and the Saratoga Race Course after a tough 2020.
This year we asked the 40 Under 40 honorees what they believe their industries could do better tomorrow to contribute to gender and racial equity. Here's what some of them said.
Legislature expected to extend the eviction moratorium again
April 29, 2021
New York state legislators are planning to extend the residential and commercial eviction moratoriums currently set to expire May 1.
The governor announced upcoming changes to restrictions that have been in place for restaurant hours, catering operations and weddings.
This Albany city councilman is also a landlord. Why he supports a 'good cause' eviction law
April 26, 2021
Common Council member Alfredo Balarin said landlords who take care of their properties, have clearly worded leases, and work with their tenants to be good neighbors have nothing to be concerned about.
The bill has been applauded by labor leaders, who say that it protects all workers on the job, but business leaders say the legislation goes too far and is too stringent, especially when many small...
The new market will offer fresh fruits and vegetables, meats, dairy, gluten-free and vegetarian products, kitchen supplies and hygiene essentials.
Three people have donated a total of $3.25 million to The Albany College of Pharmacy and Health Sciences, which nearly puts an end to the institution’s $11 million capital campaign.
The week in bankruptcies: D&K Quality Auto
April 16, 2021
This week in Albany business bankruptcies include D & K Quality Auto. For the year, Albany has recorded 4 business bankruptcy filings.
$16 million renovation, new name for The Desmond in Colonie
April 15, 2021
The Desmond in Colonie finished a nearly $16 million renovation that includes a new name, upgrades and modern features to replace a design meant to evoke the Colonial era.
The new rules have major implications for the Saratoga Race Course, which wasn't allowed to have fans last year.
The three-month contracts are with Syracuse-based Pyramid Management Group LLC, which owns both Crossgates and Aviation Mall.
Tim Noonan, a partner at Hodgson Russ who specializes in tax residency issues: "I've been doing this for 20 years and the exodus of high-earning, high-income tax payers from New York state and New York...