Albany, New York, ranks No. 18 among the country’s 67 largest metropolitan areas for offering the best quality of life, according to a new study, as reported in the Business Review.
Albany had the highest ranking among New York’s metropolitan areas.
17 Chapel News
May 25, 2010
May 24, 2010
Property tax break could spur Albany development – The Business Review (Albany)
The tax-abatement program at 17 Chapel picked up some press, with a new report by The Business Review. As part of the 485(a) abatement, increases in property taxes are put on hold for eight years. This results in a savings of tens of thousands of dollars for buyers of the new luxury condos in downtown Albany. The tax abatement has been available in Albany for seven years with no takers.
The huge tax savings are just one of many ways that the condos at 17 Chapel stand out from the pack. The quality and convenience of a residence at 17 Chapel is unparalleled in Albany County.
- Read the full article: “Property tax break could spur Albany development“
May 14, 2010
17 Chapel – As Seen on TV
Some TV press coverage of the ribbon-cutting ceremony where Mayor Jennings announced the tax incentives for 17 Chapel.
As seen on YNN (Time Warner News 9) – click here to view.
As seen on WNYT (NBC News 13):
As seen on WTEN (ABC News 10):
May 9, 2010
Empty Nesters Enjoy Perks of Urban Living
Ready to downsize but now armed with a bit more time and money, empty nesters are enjoying the perks of urban living, according to a recent Forbes article. Some, for the first time since their 20s, are taking advantage of the cultural opportunities, shops and restaurants that downtown has to offer. Also, living minutes away from both work and play means a shorter commute and even more time for leisure.
Those making the move say that the attraction of a downtown luxury condo is the live music, boutique shopping and cafes in their backyard and a convenient base for weekend travel. A stroll away from top restaurants and nightlife, and a direct three-hour drive to Boston or New York and four hours to Montreal, it’s easy to see why a downtown residence like those at 17 Chapel fits the bill for active couples who still appreciate “easy living”.
