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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

  • Hotel near Albany Medical Center sold - Albany Business Review

    May 28, 2024 | bizjournals.com | Michael DeMasi

    The buyer has several hotels in New York. A 106-room extended-stay hotel near hospitals and colleges in Albany has sold. Towneplace Suites Albany Downtown/Medical Center was purchased by an LLC affiliated with Visions Hotels of Corning, according to filings in the Albany County clerk's office. The properties at 22 Holland Ave. and 39 Besch Ave. sold for $4.15 million plus a $6 million consolidated mortgage that was assumed by the buyer. The seller was Sayville Browning Properties Inc.

  • 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.

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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