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Michael DeMasi

Albany

Breaking news about real estate & other stuff. Dad of twins. @RedSox fan. @IthacaCollege grad

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Articles

  • Former Golden Krust site in Cohoes could get new bakery or indoor sports facility - Albany Business Review

    May 27, 2024 | bizjournals.com | Michael DeMasi

    Two groups are interested in redeveloping the former Golden Krust site in Cohoes. The Golden Krust bakery was destroyed by a fire that started in a faulty frying machine nearly 20 years ago, disrupting a third-generation Cohoes business and leaving behind a site that has yet to be redeveloped.

  • Colonie warehouse sold for $2.1 million - Albany Business Review

    May 20, 2024 | bizjournals.com | Michael DeMasi

    The buyers say they needed the space because their client base has nearly doubled since 2022. A supplier of food, beverages and merchandise to convenience stores and gas stations bought a larger warehouse in Colonie for its growing business. An LLC in Edison, New Jersey, affiliated with the business, Price Center, paid $2.1 million for the 23,150-square-foot building at 12 Access Road, according to a deed filed in the Albany County clerk's office. The seller was Selkirk Warehouses Inc. of Albany.

  • $37 million Schenectady development to include apartments, child care - Albany Business Review

    May 16, 2024 | bizjournals.com | Michael DeMasi

    The development will fill a vacant 2.5-acre site on a key gateway into the city. The Schenectady Community Action Program (SCAP) received approval from city planners Wednesday night to build a $37 million campus that will provide affordable apartments and child care to local residents.

  • Asian grocery store chain wants to build supermarket on Central Avenue - Albany Business Review

    May 15, 2024 | bizjournals.com | Michael DeMasi

    The development would also include other retail spaces. The owners of three Asian grocery stores in upstate New York want to build a fourth — this time on a former polluted industrial site in Colonie. Ren Garden Group Inc. is seeking site plan approval from the town planning board to build a 40,000-square-foot Asia Food Market plus a warehouse and other retail space at 1130 Central Ave.

  • Albany soccer stadium pitch hinges on more than money - Albany Business Review

    May 14, 2024 | bizjournals.com | Michael DeMasi

    Getting control of the downtown Albany land for a new soccer stadium is one of the biggest tasks facing backers of the project. Besides coming up with the financing, getting control of a large swath of land in downtown Albany to build an 8,000-seat soccer stadium is one of the biggest tasks faced by a small group of local investors pursuing the ambitious development.

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Michael DeMasi
Michael DeMasi @AlbBizMikeD
8 Feb 21

Here's the story about Golub Corp. and Tops Markets merging https://t.co/mDCxpQgnFi https://t.co/VDIcIeiiUY

Michael DeMasi
Michael DeMasi @AlbBizMikeD
8 Feb 21

Golub Corp. merging Price Chopper/Market 32 stores with TOPS. Headquarters will remain in Schenectady.

Michael DeMasi
Michael DeMasi @AlbBizMikeD
26 Aug 20

News from one of the region's biggest school districts: Shenendehowa Superintendent Oliver Robinson told the @AlbanyBizReview during today's Straight Talk webinar the first day of school will be Monday, Sept. 14 to give staff time to prepare for students