New Article in the Business Review Tells the Tale of Downtown Development Success!
You may have heard that sales at 17 Chapel have remained steady as downtown Albany continues to experience a rebirth and residents from the suburbs increasingly return to our cities. In today’s Business Review Article, reporter Mike DeMasi illustrates the role our building has played in this urban revitalization, “17 Chapel broke the mold for residential development downtown, testing whether people would pay top dollar to live within steps of bars, restaurants, Capital Rep, Palace Theatre and other destinations.”
At Rosenblum Development, we are proud of the roll we’ve played in helping breathe new life in a downtown working to attract new investment, and as we begin 2014, we are nearing the completion of this pioneering project. The finish line is in sight, we have deals in the works and only four units available. Now, with over $200 million set for new projects, the first luxury residential building in downtown Albany has paved the way for other developments to follow.
Click here to read the Business Review Story on 17 Chapel sales in its entirety.