Michael DeMasi
SFBJ
Albany, NY, United States
Contact Michael
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Past articles by Michael:
Judge orders foreclosure sale of historic downtown Troy building
The Cannon Building is expected to attract serious bidders given the number of new investments in downtown Troy in recent years, including upscale apartments, bars, restaurants and other small businesses. → Read More
Silence deafening on downtown Albany development proposals
Two months have passed since proposals were submitted to redevelop a large chunk of downtown Albany, New York, and the state will not release any details about them. → Read More
This won't be your parents' flea market, Troy entrepreneur says
The flea market will be held at same place where the Troy Waterfront Farmers Market has been drawing thousands of people for years, becaming a launching pad for small businesses. → Read More
Rush Street Gaming releases new drawings for proposed $300 million casino in Schenectady, New York
Rush Street Gaming went back to the drawing board after hearing some criticism over the previous design. → Read More
Heritage Custom Builders breaks ground on 103-lot Clifton Park subdivision with sidewalks
The newest homes being built in Clifton Park, New York will have an uncommon feature for residential subdivisions in the suburbs. → Read More
Costco, national retail chain, says 'no' to site near Times Union newspaper headquarters in suburban Albany, NY
Plans for a large shopping center will move forward, though the developer must demonstrate it can handle the anticipated traffic volumes for whatever retailers end up locating there. → Read More
Uber, Lyft, the ride sharing services, do not pass "GO" this time around New York State Legislature
Uber and Lyft can both offer rides in New York City because they tweaked their business models to comply with Taxi and Limousine Commission regulations, but they can't do so outside the metro area without changes in state insurance law. → Read More
New York State keeping tight lid on downtown Albany redevelopment proposals
The Albany Convention Center Authority spent about $10 million buying the properties with the intention of building a convention center there, but the plans changed because of a lack of funding. The state then sought redevelopment proposals for the land near the Greyhound bus station. → Read More
Golub Corp. and Price Chopper supermarkets will not sell cigarettes at new Market 32 stores
CEO Jerry Golub says cigarettes do not fit in with the health-conscious identity the company wants to build at Market 32. → Read More
Huck Finn's Playland in Albany, New York pushes back grand opening by a day
The playland was built next to Huck Finn's Warehouse and More on Erie Boulevard in Albany's warehouse district → Read More
Price revealed in purchase of Rotterdam Square Mall in upstate New York
Via Properties, a Turkish commercial real estate developer that operates domestically as Via Port USA, is spending $10 million to install an aquarium, bowling alley, sports bar and arcade to increase foot traffic at the struggling shopping center. → Read More
In upstate New York this July Fourth: Keystone Novelties will sell fireworks from tents
Saratoga County is one of 24 counties that opted-in to a new state law allowing the sale of "sparking devices" for the July Fourth holiday. → Read More
State not saying much about downtown Albany development proposals
The state had a June 4 deadline to receive proposals for the land, a collection of parking lots and empty buildings near the Greyhound bus station that for the past decade was the proposed site of a convention center. → Read More
Albany, NY businessowners push for Uber as a taxi counterpunch
Unreliable cab service has frustrated the hospitality industry for years. Now hotels see an answer in the anti-taxi. → Read More
Times Union Center, the downtown Albany, NY sports arena, is drawing interest from companies pushing for the naming rights
The newspaper and an unidentified entity each have expressed interest in the naming rights after the current deal expires Dec. 31, 2017. → Read More
Real estate developer I. David Swawite is renewing his push to bring an aquarium to downtown Albany, New York
Omni Development Co. Inc. is the largest private property owner in the central business district. → Read More
All Over Albany co-founder Greg Dahlmann's biggest challenge: Being both journalist and businessman
Since co-founding AllOverAlbany.com, Greg Dahlmann has found a way to juggle being both journalist and entrepreneur → Read More
Uber Technologies and Lyft ride sharing services face uphill ride as New York lawmakers speed toward end of session
Upstate fans of ride-sharing services Uber and Lyft may have to continue relying on cabs to get around for at least another year. → Read More
Former Hoffman's Playland property in Colonie, NY to be acquired by Schuyler Cos. real estate development company
The deal is the latest step in the eventual transformation of valuable commercial real estate in Colonie, New York. → Read More
Alain Kaloyeros, president of SUNY Polytechnic Institute, talks about bringing tech jobs to Rensselaer, New York
Alain Kaloyeros, president of SUNY Polytechnic Institute, announced today an initiative to bring high-tech jobs to the Hudson riverfront in the city of Rensselaer, New York, on a site that was previously pitched for a casino. → Read More