https://www.timesunion.com/business/article/Apartments-restaurant-completed-in-Albany-13017554.php
Apartments, restaurant completed in historic Albany building
Project cost $1.4 million
Updated 4:33 pm, Friday, June 22, 2018
Developer Frank O'Connor speaks to the gathering at the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip Dickstein/Times Union)
Developer Frank O'Connor speaks to the gathering at the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip Dickstein/Times Union)
Photo: SKIP DICKSTEIN, Albany Times Union
The ribbon was cut by Albany Mayor Kathy Sheehan, second from left, and developer Frank O'Connor, center at the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip Dickstein/Times Union) less
The ribbon was cut by Albany Mayor Kathy Sheehan, second from left, and developer Frank O'Connor, center at the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip ... more
Photo: SKIP DICKSTEIN, Albany Times Union
Interior view of the new restaurant on the occasion of the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip Dickstein/Times Union)
Interior view of the new restaurant on the occasion of the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip Dickstein/Times Union)
Photo: SKIP DICKSTEIN, Albany Times Union
The ribbon was cut by Albany Mayor Kathy Sheehan, second from left, and developer Frank O'Connor, center at the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip Dickstein/Times Union) less
The ribbon was cut by Albany Mayor Kathy Sheehan, second from left, and developer Frank O'Connor, center at the grand opening of the Loch & Quay at 414 Broadway Friday June 22, 2018 in Albany, N.Y. (Skip ... more
Photo: SKIP DICKSTEIN, Albany Times Union
Click through the slideshow for former Capital Region landmarks that are now apartments.
The former Troy Record building is among the notable Capital Region building to be slated for residences.
Click through the slideshow for former Capital Region landmarks that are now apartments.
The former Troy Record building is among the notable Capital Region building to be slated for residences.
Entrance to Redburn Development's new School One Lofts project in Troy, NY.
Entrance to Redburn Development's new School One Lofts project in Troy, NY.
Photo: John Carl D'Annibale
Ornamentation above the entrance to Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Ornamentation above the entrance to Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Photo: John Carl D'Annibale
Entrance to Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Entrance to Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Photo: John Carl D'Annibale
Kitchen in a one bedroom apartment at Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Kitchen in a one bedroom apartment at Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Photo: John Carl D'Annibale
A 3rd floor studio apartment at Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
A 3rd floor studio apartment at Redburn Development's new School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Photo: John Carl D'Annibale
Owner developers Tom Rossi and John Blackburn, right, in a new studio apartment at their School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Owner developers Tom Rossi and John Blackburn, right, in a new studio apartment at their School One Lofts project Thursday Jan. 26, 2017, in Troy, NY. (John Carl D'Annibale / Times Union)
Photo: John Carl D'Annibale
Construction is underway on School One for the School One Lofts project on Thursday, July 21, 2016 in Troy, N.Y. The roughly 35,000 square foot school, built over 100 years ago, will be converted to 28 market-rate apartments. less
Construction is underway on School One for the School One Lofts project on Thursday, July 21, 2016 in Troy, N.Y. The roughly 35,000 square foot school, built over 100 years ago, will be converted to 28 ... more
Photo: Lori Van Buren
Construction is underway on School One for the School One Lofts project on Thursday, July 21, 2016 in Troy, N.Y.
Construction is underway on School One for the School One Lofts project on Thursday, July 21, 2016 in Troy, N.Y.
Photo: Lori Van Buren
Inside School One on Thursday, July 21, 2016 in Troy, N.Y.
Inside School One on Thursday, July 21, 2016 in Troy, N.Y.
Photo: Lori Van Buren
Construction is underway on School One for the School One Lofts project on Thursday, July 21, 2016 in Troy, N.Y.
Construction is underway on School One for the School One Lofts project on Thursday, July 21, 2016 in Troy, N.Y.
Photo: Lori Van Buren
Nelick's Furniture
in Troy, which closed in 1997, has been converted to loft apartments and renamed River Street Lofts. In photo, a view of the building on Monday, April 14, 2014 in Troy, N.Y.
Nelick's Furniture
Photo: Lori Van Buren
in Troy, which closed in 1997, has been converted to loft apartments and renamed River Street Lofts. In photo, a view of the building on Monday, April 14, 2014 in Troy, N.Y.
Living space and kitchen in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Living space and kitchen in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Photo: Lori Van Buren
Entrance hallway in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Entrance hallway in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Photo: Lori Van Buren
A bedroom in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
A bedroom in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Photo: Lori Van Buren
Living space and kitchen in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Living space and kitchen in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Photo: Lori Van Buren
View out a window in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
View out a window in one of the apartments in the River Street Lofts on Monday, April 14, 2014 in Troy, N.Y.
Photo: Lori Van Buren
Exterior of Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y. The early 20th-century former Sand Lake school has been converted to 35 loft-style apartments.
Exterior of Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y. The early 20th-century former Sand Lake school has been converted to 35 loft-style apartments.
Photo: Lori Van Buren
Student lockers were kept in one of the hallways at Homeroom Lofts.
Student lockers were kept in one of the hallways at Homeroom Lofts.
Photo: Lori Van Buren
Kitchen in an apartment at Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y.
Kitchen in an apartment at Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y.
Photo: Lori Van Buren
Bedroom in an apartment at Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y.
Bedroom in an apartment at Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y.
Photo: Lori Van Buren
Bathroom in an apartment at Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y.
Bathroom in an apartment at Homeroom Lofts on Wednesday, May 25, 2016 in Averill Park, N.Y.
Photo: Lori Van Buren
374 Broadway
in Albany, which was constructed after the Great Fire of 1848 and has housed numerous commercial enterprises since then, is now the location of Liberty Lofts.
374 Broadway
Photo: Lori Van Buren
in Albany, which was constructed after the Great Fire of 1848 and has housed numerous commercial enterprises since then, is now the location of Liberty Lofts.
Hallway in one of the units in Liberty Lofts at 374 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Hallway in one of the units in Liberty Lofts at 374 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Photo: Lori Van Buren
A living area in one of the units in Liberty Lofts at 364 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
A living area in one of the units in Liberty Lofts at 364 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Photo: Lori Van Buren
A resident talks to guest in the kitchen of his apartment during an open house ribbon cutting event Thursday, Aug. 15, 2013, at Liberty Lofts in Albany, N.Y. (Lori Van Buren / Times Union)
A resident talks to guest in the kitchen of his apartment during an open house ribbon cutting event Thursday, Aug. 15, 2013, at Liberty Lofts in Albany, N.Y. (Lori Van Buren / Times Union)
Photo: Lori Van Buren
Bedroom in one of the units in Liberty Lofts at 374 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Bedroom in one of the units in Liberty Lofts at 374 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Photo: Lori Van Buren
Walk-through closet in one of the units in Liberty Lofts at 374 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Walk-through closet in one of the units in Liberty Lofts at 374 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y.
Photo: Lori Van Buren
A resident of Liberty Lofts in the kitchen of her apartment on Thursday, Aug. 15, 2013, at Liberty Lofts on Broadway in Albany, N.Y.
A resident of Liberty Lofts in the kitchen of her apartment on Thursday, Aug. 15, 2013, at Liberty Lofts on Broadway in Albany, N.Y.
Photo: Lori Van Buren
Exterior of 733 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y. This building, which dates back to 1950, was a plumbing supply warehouse and showroom. It has been converted into apartments and retail space.
Exterior of 733 Broadway on Thursday, Aug. 15, 2013 in Albany, N.Y. This building, which dates back to 1950, was a plumbing supply warehouse and showroom. It has been converted into apartments and retail space.
Photo: Lori Van Buren
The Lofts
apartments under construction at 733 Broadway on Thursday Nov. 5, 2015 in Albany, N.Y.
The Lofts
Photo: Michael P. Farrell
apartments under construction at 733 Broadway on Thursday Nov. 5, 2015 in Albany, N.Y.
The Lofts at 733 Broadway
in Albany, NY.
The Lofts at 733 Broadway
Photo: Norstar Development
in Albany, NY.
The Lofts at 733 Broadway
in Albany, NY.
The Lofts at 733 Broadway
Photo: Norstar Development
in Albany, NY.
The Lofts at 733 Broadway
in Albany, NY.
The Lofts at 733 Broadway
Photo: Norstar Development
in Albany, NY.
The long-vacant, blighted St. Joseph's Academy in Arbor Hill was converted to 22 low-cost live/work residences for artists, Academy Lofts, and 13,500+ square foot multi-tenant creative arts incubator, know as Albany Barn. less
The long-vacant, blighted St. Joseph's Academy in Arbor Hill was converted to 22 low-cost live/work residences for artists, Academy Lofts, and 13,500+ square foot multi-tenant creative arts incubator, know as ... more
Photo: Lori Van Buren
Exterior of the Academy Lofts/Albany Barn building on Monday, May 9, 2016 in Albany, N.Y.
Exterior of the Academy Lofts/Albany Barn building on Monday, May 9, 2016 in Albany, N.Y.
Photo: Lori Van Buren
View from an apartment bedroom window of Albany Barn/Academy Lofts, formerly St. Joseph's Academy, located in Arbor Hill on Monday, Dec. 16, 2013 in Albany, N.Y.
View from an apartment bedroom window of Albany Barn/Academy Lofts, formerly St. Joseph's Academy, located in Arbor Hill on Monday, Dec. 16, 2013 in Albany, N.Y.
Photo: Lori Van Buren
Kitchen in an apartment of Albany Barn/Academy Lofts on Monday, Dec. 16, 2013.
Kitchen in an apartment of Albany Barn/Academy Lofts on Monday, Dec. 16, 2013.
Photo: Lori Van Buren
View from an apartment window at Albany Barn/Academy Lofts, on Monday, Dec. 16, 2013 in Albany, N.Y.
View from an apartment window at Albany Barn/Academy Lofts, on Monday, Dec. 16, 2013 in Albany, N.Y.
Photo: Lori Van Buren
View of a bedroom in one of the 22 apartments in the new Albany Barn/Academy Lofts on Monday, Dec. 16, 2013 in Albany, N.Y. This bedroom is accessed only by climbing a ladder.
View of a bedroom in one of the 22 apartments in the new Albany Barn/Academy Lofts on Monday, Dec. 16, 2013 in Albany, N.Y. This bedroom is accessed only by climbing a ladder.
Photo: Lori Van Buren
Warehouse 71
, built to warehouse textiles and goods for the knitting trade in post-Civil War Cohoes, was converted to loft-style apartments in 2015.
Warehouse 71
Photo: PS
, built to warehouse textiles and goods for the knitting trade in post-Civil War Cohoes, was converted to loft-style apartments in 2015.
The crowd listens during a ribbon cutting ceremony for Warehouse 71 on Thursday, Aug 20, 2015, in Cohoes, N.Y.
The crowd listens during a ribbon cutting ceremony for Warehouse 71 on Thursday, Aug 20, 2015, in Cohoes, N.Y.
Photo: PS
A view inside one of the Warehouse 71 apartment units on Thursday, Aug 20, 2015, in Cohoes, N.Y.
A view inside one of the Warehouse 71 apartment units on Thursday, Aug 20, 2015, in Cohoes, N.Y.
Photo: PS
A view inside one of the Warehouse 71 apartment units on Thursday, Aug 20, 2015, in Cohoes, N.Y.
A view inside one of the Warehouse 71 apartment units on Thursday, Aug 20, 2015, in Cohoes, N.Y.
Photo: PS
On Friday, July 20, 2012, the city of Watervliet showed off the Lofts at School 1 by Congress Street Properties. The apartments are at 520 Second Ave. in the former School No. 1, which closed in the 1970s.
On Friday, July 20, 2012, the city of Watervliet showed off the Lofts at School 1 by Congress Street Properties. The apartments are at 520 Second Ave. in the former School No. 1, which closed in the 1970s.
A bedroom in The Lofts at School 1 on 520 Second Ave. in Watervliet.
A bedroom in The Lofts at School 1 on 520 Second Ave. in Watervliet.
Living room and kitchen in a unit at The Lofts at School 1 in Watervliet NY on Friday July 20, 2012.
Living room and kitchen in a unit at The Lofts at School 1 in Watervliet NY on Friday July 20, 2012.
Photo: Michael P. Farrell
The living area in an apartment in The Lofts at School 1 in Watervliet.
The living area in an apartment in The Lofts at School 1 in Watervliet.
Tilley Lofts
, the recently completed apartment complex at the former Tilley Ladder Co. Wednesday Dec. 2, 2015 in Watervliet, NY.
Tilley Lofts
Photo: John Carl D'Annibale
, the recently completed apartment complex at the former Tilley Ladder Co. Wednesday Dec. 2, 2015 in Watervliet, NY.
Archive photo of Tilley Ladder Co. in Watervliet.
Archive photo of Tilley Ladder Co. in Watervliet.
A two bedroom apartment at Tilley Lofts, the recently completed apartment complex at the former Tilley Ladder Co. Wednesday Dec. 2, 2015 in Watervliet, NY.
A two bedroom apartment at Tilley Lofts, the recently completed apartment complex at the former Tilley Ladder Co. Wednesday Dec. 2, 2015 in Watervliet, NY.
Photo: John Carl D'Annibale
The master bedroom in a two bedroom, two bath apartment at Tilley Lofts, the recently completed apartment complex at the former Tilley Ladder Co. Wednesday Dec. 2, 2015 in Watervliet, NY.
The master bedroom in a two bedroom, two bath apartment at Tilley Lofts, the recently completed apartment complex at the former Tilley Ladder Co. Wednesday Dec. 2, 2015 in Watervliet, NY.
Photo: John Carl D'Annibale
Harmony Mills
, built in the 1800s, was in its day the largest cotton mill in the U.S.
Harmony Mills
Photo: LORI VAN BUREN, Times Union
, built in the 1800s, was in its day the largest cotton mill in the U.S.
Harmony Mills
buildings on Dec. 19, 2012.
Harmony Mills
buildings on Dec. 19, 2012.
The kitchen in one of the units at The Lofts at Harmony Mills seen here on Monday, Dec. 16, 2013 in Cohoes, NY. The kitchens come with stainless steel appliances, granite countertops and original hardwood floors. less
The kitchen in one of the units at The Lofts at Harmony Mills seen here on Monday, Dec. 16, 2013 in Cohoes, NY. The kitchens come with stainless steel appliances, granite countertops and original hardwood ... more
Photo: PAUL BUCKOWSKI
Kitchen of a one-bedroom and studio apartment at The Lofts at Harmony Mills West Thursday Jan. 16, 2014, in Cohoes, N.Y.
Kitchen of a one-bedroom and studio apartment at The Lofts at Harmony Mills West Thursday Jan. 16, 2014, in Cohoes, N.Y.
Photo: John Carl D'Annibale
The business center, which includes a small library, is available for residents' business meetings on Wednesday, Nov. 12, 2014, at the Lofts at Harmony Mills in Cohoes, N.Y.
The business center, which includes a small library, is available for residents' business meetings on Wednesday, Nov. 12, 2014, at the Lofts at Harmony Mills in Cohoes, N.Y.
Photo: Cindy Schultz
A view out the window of the Cohoes Falls seen from the master bedroom of a fourth floor unit at The Lofts at Harmony Mills on Monday, Dec. 16, 2013 in Cohoes, NY.
A view out the window of the Cohoes Falls seen from the master bedroom of a fourth floor unit at The Lofts at Harmony Mills on Monday, Dec. 16, 2013 in Cohoes, NY.
Photo: PAUL BUCKOWSKI
The pool and spa area at The Lofts at Harmony Mills on Monday, Dec. 16, 2013 in Cohoes, NY.
The pool and spa area at The Lofts at Harmony Mills on Monday, Dec. 16, 2013 in Cohoes, NY.
Photo: PAUL BUCKOWSKI
Powers Park Lofts
on Third Ave. in Lansingburgh was converted from an old 1800s textile factory and opened in 2006.
Powers Park Lofts
Photo: John Carl D'Annibale, DG
on Third Ave. in Lansingburgh was converted from an old 1800s textile factory and opened in 2006.
Seating in an apartment of Powers Park Lofts complex.
Seating in an apartment of Powers Park Lofts complex.
Photo: Life @ Home
Inside apartment in Powers Park Lofts.
Inside apartment in Powers Park Lofts.
Photo: Life@Home
Inside apartment in Powers Park Lofts.
Inside apartment in Powers Park Lofts.
Photo: Life@Home
Inside apartment in Powers Park Lofts.
Inside apartment in Powers Park Lofts.
Photo: Life@Home
The former Stanley's department store building in Troy, closed in 1989, was purchased in 2005 and renovated to become retail space and luxury apartments. It became the new home of the Conservatory and Pfeil Hardware in 2007. less
The former Stanley's department store building in Troy, closed in 1989, was purchased in 2005 and renovated to become retail space and luxury apartments. It became the new home of the Conservatory and Pfeil ... more
Photo: LMF, DG
The Conservatory/Pfeil Hardware
building located at 65 3rd St., on Aug. 17, 2016, in Troy, N.Y.
The Conservatory/Pfeil Hardware
Photo: PAUL BUCKOWSKI, Albany Times Union
building located at 65 3rd St., on Aug. 17, 2016, in Troy, N.Y.
Hallway to the kitchen and living area in an apartment on Wednesday, Jan. 26, 2011, at The Conservatory in Troy, N.Y.
Hallway to the kitchen and living area in an apartment on Wednesday, Jan. 26, 2011, at The Conservatory in Troy, N.Y.
Photo: Cindy Schultz
Working kitchen in an apartment on Wednesday, Jan. 26, 2011, at The Conservatory in Troy, N.Y.
Working kitchen in an apartment on Wednesday, Jan. 26, 2011, at The Conservatory in Troy, N.Y.
Photo: Cindy Schultz
The formal dining area in an apartment on Wednesday, Jan. 26, 2011, at The Conservatory in Troy, N.Y.
The formal dining area in an apartment on Wednesday, Jan. 26, 2011, at The Conservatory in Troy, N.Y.
Photo: Cindy Schultz
An entrance at the oldest section of the former Draper School Friday June 10, 2016 in Rotterdam, NY. The old school, built in 1913 and closed in 1986, now renovated into apartments.
An entrance at the oldest section of the former Draper School Friday June 10, 2016 in Rotterdam, NY. The old school, built in 1913 and closed in 1986, now renovated into apartments.
Photo: John Carl D'Annibale
An entrance at the oldest section of the former Draper School Friday June 10, 2016 in Rotterdam, NY.
An entrance at the oldest section of the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Photo: John Carl D'Annibale
Interior view of the model apartment of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Interior view of the model apartment of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Photo: SKIP DICKSTEIN
Interior view of the model apartment of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Interior view of the model apartment of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Photo: SKIP DICKSTEIN
Interior view of the sales office of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Interior view of the sales office of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Photo: SKIP DICKSTEIN
Interior view of the model apartment of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Interior view of the model apartment of the Draper project on Monday June 12, 2017 in Schenectady, N.Y. (Skip Dickstein/Times Union)
Photo: SKIP DICKSTEIN
Developer Jesse Holland holds an old yearbook at the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Developer Jesse Holland holds an old yearbook at the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Photo: John Carl D'Annibale
A historic marker on an addition of the former Draper School Friday June 10, 2016 in Rotterdam, NY.
A historic marker on an addition of the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Photo: John Carl D'Annibale
Broken door to a classroom inside the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Broken door to a classroom inside the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Photo: John Carl D'Annibale
A classroom in the former Draper School Friday June 10, 2016 in Rotterdam, NY.
A classroom in the former Draper School Friday June 10, 2016 in Rotterdam, NY.
Photo: John Carl D'Annibale
The former Albany International building, founded in 1895 as Albany Felt Co., has been converted to Albany Lofts at One Broadway. View photos on their web site.
The former Albany International building, founded in 1895 as Albany Felt Co., has been converted to Albany Lofts at One Broadway. View photos on their web site.
Photo: PAUL BUCKOWSKI
A view of the former Albany International building on Monday, April 20, 2015, in Menands, N.Y.
A view of the former Albany International building on Monday, April 20, 2015, in Menands, N.Y.
Photo: PAUL BUCKOWSKI
A view inside one of the floors in the former Albany International building on Monday, April 20, 2015, in Menands, N.Y.
A view inside one of the floors in the former Albany International building on Monday, April 20, 2015, in Menands, N.Y.
Photo: PAUL BUCKOWSKI
The former Troy Record building, built in 1906, is currently being converted to bring apartments to downtown Troy.
The former Troy Record building, built in 1906, is currently being converted to bring apartments to downtown Troy.
Photo: Lori Van Buren
Work continues on converting the former Troy Record building to apartments on Friday, Aug. 26, 2016 in Troy, N.Y.
Work continues on converting the former Troy Record building to apartments on Friday, Aug. 26, 2016 in Troy, N.Y.
Photo: Lori Van Buren
Work continues on converting the former Troy Record building to apartments on Friday, Aug. 26, 2016 in Troy, N.Y.
Work continues on converting the former Troy Record building to apartments on Friday, Aug. 26, 2016 in Troy, N.Y.
Photo: Lori Van Buren
The International Shirt & Collar Building
at 2 River Street in Troy, which houses an Old Brick furniture store, will be converted in 80 apartment units, according to plans filed with the city in March 2017.
The International Shirt & Collar Building
Photo: Will Waldron
at 2 River Street in Troy, which houses an Old Brick furniture store, will be converted in 80 apartment units, according to plans filed with the city in March 2017.
Exterior of the International Shirt & Collar Building at 2 River Street, which houses an Old Brick furniture store, on Wednesday, March 29, 2017, in Troy, N.Y. The structure was built in 1876 for processing cereal grains into malt for brewing. It was later part of the city's cuff and collar making industry, which dominated the city at the turn of the 20th century. (Will Waldron/Times Union) less
Exterior of the International Shirt & Collar Building at 2 River Street, which houses an Old Brick furniture store, on Wednesday, March 29, 2017, in Troy, N.Y. The structure was built in 1876 for processing ... more
Photo: Will Waldron
Exterior of the International Shirt & Collar Building at 2 River Street, which houses an Old Brick furniture store, on Wednesday, March 29, 2017, in Troy, N.Y. The structure was built in 1876 for processing cereal grains into malt for brewing. It was later part of the city's cuff and collar making industry, which dominated the city at the turn of the 20th century. (Will Waldron/Times Union) less
Exterior of the International Shirt & Collar Building at 2 River Street, which houses an Old Brick furniture store, on Wednesday, March 29, 2017, in Troy, N.Y. The structure was built in 1876 for processing ... more
Photo: Will Waldron
This 19th-century building at 669 River Street will be turned in to a brewpub and apartments in the future.
This 19th-century building at 669 River Street will be turned in to a brewpub and apartments in the future.
Photo: SKIP DICKSTEIN
Albany
A four-story building in downtown Albany is now home to three apartments and a bar and restaurant, a redevelopment project that cost $1.4 million and took about two years.
The developers, building co-owners Tom Kennedy and Frank O'Connor, and restaurant manager Frank O'Connor IV, gathered with grant partners Friday in front of 414 Broadway to celebrate the building's completion.
It also marked the grand opening of Loch & Quay, a restaurant and bar that serves hamburgers, salads, sandwiches and other fare as well as craft beer, wine, cocktails and coffee. The space is the former home of Franklin's Tower, and before that, the Plaza Grill. O'Connor IV is the son of O'Connor and is the former manager of The Olde English Pub in Albany.
"Our goal was to return this to an active bar and restaurant," said O'Connor, who added that the entire process took roughly two years and the apartments were renting quickly. "We're really excited to be part of the community."
The building dates back to 1819. The bar inside the restaurant was built by George Spalt & Sons cabinet makers in 1937, a business that also built the bars at Pauly's Hotel and Lombardo's Restaurant, according to the Downtown Albany Business Improvement District's website. Wainscoting at the restaurant was made with wood from booths that used to be inside, and the developers kept the table tops from the booths. They also retained the original tin ceiling and lights.
It is "a place that has a lot of nostalgia for people," said Albany Mayor Kathy Sheehan. It adds to the walkability of the city's downtown area and injects vibrancy into the neighborhood, she added.
"It's a great addition to our wonderful downtown," she said.
Georgette Steffens, executive director of the Downtown Albany BID, said that the project and others like it help draw more businesses downtown and spur economic development.
"It's changing blocks," she said.
The project was funded in part by a grant from New York State Homes and Community Renewal's New York Main Street program with additional aid from National Grid's Main Street Revitalization Program and the Downtown Albany Retail Grant Program, a joint venture of the Albany Capital Resource Corporation and Capitalize Albany Corporation. It was also part of Gov. Andrew Cuomo's Regional Economic Development Council Initiative.
The building at 414 Broadway is among four properties getting $390,000 in funding through the Main Street initiative — the others are 402 and 420 Broadway and 46 State St. — which will create 17 apartments combined.
The rehabilitation of the building was a "huge challenge" for the developers because of architectural and engineering difficulties, said Sarah Reginelli, president of Capitalize Albany and CEO of the Albany Capital Resource Corporation. The kitchen was previously on the second floor and had to be built on the first floor, HVAC units on the top floor had to be moved and the developers wanted to preserve the historic integrity of the structure, she said.
With the building's opening, there are now more than 800 apartments in downtown Albany that have been completed or are in the pipeline, Reginelli said. Demand for downtown units continues to grow, she added.
miszler@timesunion.com • 518-454-5018 • @madisoniszler
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