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Albany Business Review
He's a key player in the rush for Hudson's million-dollar homes
From a nearly $3 million equestrian estate in Chatham to a $545,000 cottage in Claverack, Anthony D’Argenzio is listing some of the most magazine-worthy homes in the Hudson Valley. D’Argenzio started visiting Hudson in the early 2010s for his work as a creative director for home and design brands...
He's a key player in the rush for Hudson's $1M+ homes
From a nearly $3 million equestrian estate in Chatham to a $545,000 cottage in Claverack, Anthony D’Argenzio is listing some of the most magazine-worthy homes in the Hudson Valley. <\p> D’Argenzio started visiting Hudson in the early 2010s for his work as a creative director for home and design brands in New York City. He bought a weekend home in Hudson in 2014 and moved full time in 2018. <\p>
They grew their real estate business into an HGTV show
In an early episode of the new HGTV show “Who’s Afraid of a Cheap Old House?” a couple from Brooklyn buys and restores the oldest church in Granville, a small town in Washington County, to be their primary residence for less than $200,000.<\p> The couple didn’t move to Washington County for their jobs, or for family, but for a chance at restoring a unique home at an affordable price with the help of Elizabeth and Ethan Finkelstein.<\p>
These are America's most-delayed flights
Airlines are expecting record-breaking traffic for the summer — and for the July Fourth holiday — but fliers on many routes would be wise to build in some extra time for their travel plans. <\p> That's according to an analysis by The Business Journals of the latest on-time data from airline analytics company Cirium Inc. The analysis looked at routes with at least 20 flights. <\p>
$14M purchase of private Saratoga County water system gets OK
The town of Malta's plan to purchase a private water system to be managed by a newly formed municipal district will move forward after gaining voter approval by a large margin this week.<\p> Property owners within the family-owned Saratoga Water Services Inc.’s coverage area in Malta approved a resolution establishing the district by a vote of 414 to 26, according to a town document.<\p>
Saratoga County town's property owners OK water system purchase
The town of Malta's plan to purchase a private water system to be managed by a newly formed municipal district will move forward after gaining voter approval by a large margin this week. Property owners within the family-owned Saratoga Water Services Inc.’s coverage area in Malta approved a resolution establishing...
Clifton Park office park getting new warehouses, tenant
21st Century Park in Clifton Park is getting a new commercial tenant, and two new warehouses that don't yet have a tenant.<\p> The property at 1315 Route 146 features an odd-looking, 1970s-era pre-cast concrete building set back far from the road, along with a 30,000-square-foot metal warehouse.<\p>
Clifton Park office park getting new warehouses, tenant
21st Century Park in Clifton Park is getting a new commercial tenant, and two new warehouses that don't yet have a tenant. The property at 1315 Route 146 features an odd-looking, 1970s-era pre-cast concrete building set back far from the road, along with a 30,000-square-foot metal warehouse. Martin Wawlra, who...
New restaurant on Wolf Road aims for fall opening
The former Warehouse Grill & BBQ restaurant on Wolf Road is set to become a Mexican restaurant. <\p> The property at 219 Wolf Road will be Don Tequila Mexican Cantina this fall, restaurant owner Jose Castaneda said. <\p>
New Wolf Road restaurant will be owner's 15th
The former Warehouse Grill & BBQ restaurant on Wolf Road is set to become a Mexican restaurant. The property at 219 Wolf Road will be Don Tequila Mexican Cantina this fall, restaurant owner Jose Castaneda said. He signed the lease about a month ago and renovations are underway. He is...
Albany airport awards contract for next big improvement
With a $100 million terminal expansion already well underway, a contract has been awarded for the next big improvement at Albany International Airport — one that could bring more airline options for travelers.<\p> AOW Construction LLC of Albany was the lowest of four bidders who competed for the contract to upgrade Concourse A, the oldest of the three boarding/waiting areas at the airport.<\p>
Albany airport awards contract to add two passenger gates
See Correction/Clarification at the end of this article. With a $100 million terminal expansion already well underway, a contract has been awarded for the next big improvement at Albany International Airport — one that could bring more airline options for travelers. AOW Construction LLC of Albany was the lowest...
$8.5M office building listing attracts interest from developers
The Cannonball Factory — an industrial building in Hudson that was converted into retail and professional offices and was previously leased to the e-commerce firm Etsy — is for sale.<\p> The 22,000-square-foot building at 359 Columbia St. was recently listed for $8.5 million and has generated interest from people looking at potentially turning it into a hotel or apartments.<\p>
Hudson office building, formerly a cannonball factory, for sale
The Cannonball Factory — an industrial building in Hudson that was converted into retail and professional offices and was previously leased to the e-commerce firm Etsy — is for sale. The 22,000-square-foot building at 359 Columbia St. was recently listed for $8.5 million and has generated interest from...
Among small businesses, there's a huge divide on finances
The smallest businesses are the ones most likely to be struggling, as larger small businesses report better conditions.<\p> The latest data from the Federal Reserve’s Small Business Credit Survey — released earlier this year but since followed up with a more detailed breakdown by size and demographics — shows how, even within the realm of small businesses, there is wide variation.<\p>
Among small businesses, there's a huge divide on finances
The smallest businesses are the ones most likely to be struggling, as larger small businesses report better conditions. The latest data from the Federal Reserve’s Small Business Credit Survey — released earlier this year but since followed up with a more detailed breakdown by size and demographics — shows how, even within the realm of small businesses, there is wide variation.
Developer buys Halfmoon land for new 91-lot subdivision
A 97-acre property in Halfmoon approved for a 91-lot development sold last month for a little over $5 million. <\p> The former farmland at 165 Farm-to-Market Road is the future site of the Mott Orchard Planned Development District. <\p>
Latham hotel sold for $9.7 million
The Hampton Inn & Suites at 45 British American Blvd. in Latham has been sold.<\p> An LLC affiliated with Matrix Hotels in Clifton Park sold the hotel to SHRI Hari Inc. of Johnstown for $9.72 million, according to a deed filed in the Albany County clerk's office.<\p>
Troy gets proposals for new, permanent city hall
The city of Troy received eight proposals for a new, permanent city hall by the June 28 deadline, Mayor Carmella Mantello announced.<\p> An in-house committee will review the submissions, conduct interviews and narrow down the choices.<\p>
Saint Rose campus: 3 questions now that Hochul's signed authority bill
Gov. Kathy Hochul on Friday signed state legislation to create the Albany County Pine Hills Land Authority, a potential buyer of the real estate for The College of Saint Rose in Albany, which ceased academic instruction last month. <\p> The governor's approval was first reported by Spectrum News. The legislation, which permits the authority to issue up to $80 million in bonds to finance the potential purchase and redevelopment of the campus, cleared the state Assembly and Senate in June. It was sponsored by Assembly members Pat Fahy and John McDonald, and Sen. Neil Breslin. <\p>
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