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Dan Pardee, parts warehouse manager for Historic Albany Foundation, removes door hinges during a salvage operation at a home at 148 Morris St. on Tuesday, Sept. 16, 2014, in Albany, N.Y. (Paul Buckowski / Times Union)

Times Union: Salvaging the best of the past

One by one, 55 buildings in the Park South neighborhood are being knocked down and the debris carted away to make room for an expanding Albany Medical Center. Before they go, volunteers are going from house to house to salvage architectural details for future use in preserved and new homes. “Not every old building is worth saving,” […]

Troy Record: Capital Bank to begin Wellington Row’s return to commerce, banking hub

Officials who gathered for a press conference at 132 State Street believe that the area surrounding the historic Wellington Row could once again become a hub of commerce and banking. Capital Bank, which is a division of the Chemung Canal Trust Company, operates five Capital Region bank branches. Read more here.

Workers affix a Capital Bank sign on Wellington Row before a press conference Wednesday at 132 State St., Albany. (Skip Dickstein/Times Unon)

Times Union: Lender first tenant for site

Capital Bank, hoping to be part of the resurgence of downtown Albany, announced Wednesday it will move its headquarters to Wellington Row on State Street. The bank, a subsidiary of Chemung Canal Trust Co., is providing the financing to Wellington Row developer Columbia Development Cos. Read more here.

Columbia Development Cos. President Joe Nicolla at today's announcement Capital Bank will move its regional headquarters to historic Wellington Row in downtown Albany, New York
Michael DeMasi | Albany Business Review

Business Review: Albany developer, city preservationist celebrate at Wellington Row

Commercial real estate developer Joe Nicolla and historic preservationist Susan Holland congratulated each other today atCapital Bank’s announcement that itsregional headquarters will move to downtown Albany, New York. Both know how much of a struggle it was to come to an agreement over what to do with Wellington Row, a stretch of five buildings that had become an eyesore just […]

Developer Nicolla is bullish about growth in New York’s Capital Region – Albany Business Review

Joseph Nicolla says businesses in the Albany, NY region are best at flying under the radar, but “they’re as busy as they have ever been.” Nicolla, president and founder of Columbia Development Cos., is a key real estate developer of major construction projects in the area. The way he sees it, the region is gaining momentum. Sales and […]

Columbia Development president Joseph Nicolla speaks during the announcement to move the Rensselaer County Regional Chamber of Commerce into the long-closed Proctor's Theater Thursday, Feb. 27, 2014, during a news conference in Troy, N.Y.

September premiere set for renters – Times Union

Troy – The Rensselaer County Regional Chamber of Commerce will be the first tenant at Proctor’s Theater, moving in during September, chamber officials said Thursday. The chamber will lease the second floor of the five-story office section of the theater. It also will lease space on the first floor for a conference room that can accommodate as many as […]

Columbia Development Companies' renovations to the historic Proctor's Theater Building on Fourth Street are already underway on Thursday, Feb. 27, 2014.

Rensselaer County Regional Chamber of Commerce relocating to Proctor’s Theater Building – The Troy Record

TROY >> The next chapter of the Collar City’s revitalization story began unfolding Thursday morning when officials named the first confirmed tenant of the soon-to-be renovated historic Proctor’s Theater. The Rensselaer County Regional Chamber of Commerce will be relocating its offices into the front section of the building, filling the first 5,000 square feet of […]