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News & Press

The Galesi Group takes pride in making a positive economic impact in the Capital Region, including our recent developments in downtown Schenectady.

For more information on how the Galesi Group is making news, click the Links below...
 

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Company leases space at Glenville Business Park May 22, 2013
Another company has signed on to occupy the Glenville Business and Technology Park, and this one has plenty of ties to the local community. Read More
Digital marketing firm takes space in downtown Albany May 07, 2013
4Cite Marketing LLC has moved into new space in downtown Albany, NY to accommodate growth. Read More
Old Dominion Freight Plans $8.3 Million Center in Galesi's Glenville Tech Park April 24, 2013
Old Dominion Freight Line Inc. will build an $8.3 million distribution center in the Glenville Business and Technology Park in Schenectady County, NY. Read More
Trucking company to build $8.3M distribution center at Glenville Business and Technology Park April 24, 2013
Old Dominion Freight Line will build an $8.3 million distribution center at the Glenville Business and Technology Park, Schenectady County. Read More
Mallozzis' new Italian restaurant, Johnny's in Schenectady April 12, 2013
Read More
Johnny's, latest Mallozzi Group restaurant, plans March 29 opening March 21, 2013
Read More
Stepping up to a new home; Schenectady project represents major change in meeting needs of homeless February 17, 2013
$16.6 million in state grants and tax credits will help convert a long-shuttered factory on Broadway into 155 efficiency apartments. Read More
Home is where the help is; Residents find shelter, support at city YMCA February 17, 2013
The new building will house just 155 residents. Read More
Captech Logistics opening warehouse/distribution center in Rotterdam February 13, 2013
Captech Logistics, a third-party warehousing and distribution company, will lease space at Rotterdam Corporate Park in Rotterdam, NY, the largest business park in the Capital Region. Read More
Downtown buzz may be caffeine; New coffee spot joins distinct crowd February 07, 2013
SPoT Coffee opens today at Market Center on the corner of Railroad Place and Division Street. Its standout offerings include pizzas and breakfast sandwiches. Read More
European-style cafe to open at Market Center at Railroad Place and Division Street in Saratoga Springs February 07, 2013
Spot Coffee has opened one of its European-style cafes on the first floor of the Market Center at the corner of Railroad Place and Division Street, bringing a fresh take on everything from specialty coffee to signature sandwiches. Read More
SCCC unveils expanded space in Center City January 31, 2013
College officials recently opened a new lounge as part of an additional 11,000 square feet of space they are leasing at the downtown facility at 433 State St. The new space also includes classrooms, faculty offices and work space. Read More
Former State Bakery Set for Renovations January 17, 2013
A $2 million upgrade to the old state bakery and warehouse in the Rotterdam Corporate Park is expected to attract new tenants and new jobs to the area. Read More
YMCA bids farewell to State Street site January 15, 2013
The YMCA's 87-year-old residence will be moved to a former factory on Broadway that will be renovated and turned into apartments by the Galesi Group. Read More
Galesi Group, Bonacio, teaming on $25 million project in Schenectady January 14, 2013
The Galesi Group and Bonacio Construction are teaming up again, this time on a $25 million renovation of an historic building in Schenectady, NY, into 155 units of low-income housing. Read More
Schumer Tours Center City With Local Developers and Pushes Two-Pronged Plan to Spur Development of Dozens of Vacant and Underused Historic Buildings December 11, 2012
U.S. Senator Charles E. Schumer launched his two-pronged plan to boost the continued revitalization of dozens of Schenectady landmarks Read More
Schumer pushes Congress on renewal of ‘critical’ tax credit December 11, 2012
Without the federal New Markets Tax Credit, the Galesi Group would have had a tough time completing a $33 million overhaul to breathe new life into Center City. Read More
Starlite Music Theater to be replaced with $50 million-plus in offices, retail and housing November 16, 2012
Goodbye Starlite Music Theater in Latham, New York. Hello $50 million-plus worth of commercial office space, stores and apartments. Read More
Furniture charity gets a new home in Rotterdam November 16, 2012
Catholic Charities will have some much-needed space for its Furniture Program after moving into a new location in the Rotterdam Corporate Park. Read More
Demolition of former Starlite Music Theater starts today in Latham November 15, 2012
Demolition of the old Starlite Music Theater will start today in Latham, New York, the first step in a planned redevelopment of 58 acres at the geographic center of the Albany region. Read More
The sun sets on venerable Starlite Theater; Demolition scheduled for Thursday on building vacant since 1998 November 15, 2012
The Starlite Theater, vacant since Shaker High School's 1998 graduation, is being removed to make room for a new mixed-use development, with housing at the back of the property and office and retail space up front. Read More
Buicko sets Galesi up for next phase November 09, 2012
The Galesi Group is preparing for the next wave of growth and jobs at the Rotterdam Industrial Park by knocking down two warehouses totaling 500,000 square feet, the size of nearly nine football fields. Read More
Dave Buicko named Business Review’s Executive of the Year November 09, 2012
Dave Buicko’s vision, drive and powerful connections have transformed downtown Schenectady, nurtured growing businesses, and resulted in commercial real estate investments worth hundreds of millions of dollars in the greater Albany, New York, area. Read More
Achievers 2012 Executive of the Year, Deal Junkie Choreographs Galesi Group's Growth November 09, 2012
Buicko developed a reputation as a problem solver, someone who can juggle multiple projects simultaneously and who understands the needs of small and large tenants. clients and partners. Read More
Ellis Medicine facility offers urgent care in Clifton Park October 27, 2012
Ellis Medicine’s Medical Center of Clifton Park 103 Sitterly Road, Clifton Park was dedicated on Friday afternoon. Read More
Consulting firm sees Schenectady downtown as 'great location' October 09, 2012
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Bow Tie Will Run 11-screen Theater in Downtown Saratoga Springs. October 02, 2012
The 11-screen movie theater coming to Saratoga Springs, New York, will be run by Bow Tie Partners, the same company that runs a theater in downtown Schenectady and 18 others in the country. Read More
There’s renewed interest in living downtown September 18, 2012
The streetscape view from the second floor of the Metropolitan Lofts offers a modern day vista of downtown Schenectady that was hardly conceivable a decade ago. Read More
Green Island Properties Breaks Ground on New Project at Island Park September 06, 2012
Ground was broken today on a new 64,000-square-foot commercial facility in Green Island. Mayor Ellen McNulty-Ryan, Albany County Executive Dan McCoy, Village and Town officials and representatives from BBL and Galesi were on hand for the celebration. Read More
Galesi, BBL teaming up on a 64,000-square-foot “spec” warehouse in Green Island September 05, 2012
A 64,000-square-foot warehouse will be built in Green Island, New York. Read More
Mallozzis to open Italian restaurant in Schenectady August 24, 2012
The Mallozzi Group will open a casual Italian restaurant called "Johnny's" in Center City, across from Proctors theatre in downtown Schenectady, New York. Read More
Hotel plan still on track for old locomotive site; Developer says talks continue despite some positive movement August 17, 2012
A new hotel for downtown Schenectady is inching closer to reality, according to the developer of the former American Locomotive site on Erie Boulevard Read More
Inside Saratoga's Market Center (slideshow) August 14, 2012
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Residential The Metropolitan Lofts Complete August 09, 2012
The Galesi Group is proud to announce that construction is complete at The Metropolitan Lofts located at 409 State Street. Read More
Plans for 2 buildings on Green Island site July 12, 2012
The Galesi Group and BBL are planning to build two 64,000-square-foot industrial buildings in Green Island in a bid to attract more companies to the village's north end, home to a Sealy mattress factory and other businesses. Read More
SCCC Expanding in Center City June 19, 2012
The Board of Trustees on Monday approved entering into a new lease with the Galesi Group for an additional 11,000 square feet of space on top of the 20,000 square feet the college has already been leasing. Read More
ITR America Picks Rotterdam Corporate Park for Northeast Distribution Center May 29, 2012
ITR America has signed a lease for 43,000 square feet of space at Building 14 at the Rotterdam Corporate Park located in Schenectady County. Read More
Galesi Group Corporate Offices, 695 Rotterdam Industrial Park, Schenectady, NY 12306 | Phone: 518.356.4445
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