Conveyance of county-owned parcels in Albany
Summary
The county will sell its 60 South Pearl Street building to developers for $1.7 million — above the $1.4 million appraisal — with Probation relocated within a year. Legislators questioned why only one bid came in amid a weak commercial market.
At a glance
- Total mentions
- 4
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 29, 2026.
Impact analysis
$1.7 million in sale proceeds to the county.
County taxpayers, who receive above-appraisal value for surplus property.
Mentions & discussions (4)
Albany County Legislator Carolyn McLaughlin weighs in on major redevelopment projects in Albany
Albany County Legislator Carolyn McLaughlin weighs in on major redevelopment projects in Albany Spectrum News
Audit and Finance Committee — October 29, 2026
Five separate conveyance actions were on the agenda for city parcels on First Street, Quail Street, Alexander Street, and Spruce and Elk Streets, plus a public auction listing. Getting tax-exempt county land back on private rolls can broaden the tax base and return properties to use.
Audit and Finance Committee — July 30, 2026
Eleven county-owned parcels, including a long-troubled Franklin Street cluster, go to the Land Bank for redevelopment, and 238 Second Street goes to a homelessness nonprofit for a nominal fee.
Audit and Finance Committee — January 29, 2026
The county will sell its 60 South Pearl Street building to developers for $1.7 million — above the $1.4 million appraisal — with Probation relocated within a year. Legislators questioned why only one bid came in amid a weak commercial market.
Related development
106 South Pearl Street Development
Could finally reactivate a troubled, long-vacant downtown site as a bus terminal and mixed-use project.
Conveyance of Various Parcels to Albany County Land Bank
The Land Bank gets legal protections the county lacks to redevelop long-vacant, environmentally complicated properties.
60 South Pearl Street disposition
County offloads a surplus downtown building at above-appraisal value; the buyer redevelops it privately.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Albany County
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.