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132-140 State Street
albany county
  
improved
  
threat: demolition and inappropriate development
  
Lower State Street is arguably Albany’s most historic and architecturally important streetscape, extending uphill from the Gothic style D & H Building to the magnificent State Capitol Building. As a result of recent demolitions and new office construction, the five properties at 132-140 State Street stand out as an intact and historic row in the downtown’s most significant commercial corridor. The five buildings, which include two former hotels, the Elks Lodge, and a rare surviving townhouse, are included in a local historic district and are listed on the State and National Registers of Historic Places. The buildings of 132-140 State Street, designed by leading local and national architects between 1832 and 1923, reflect Albany’s singular importance as a commercial and governmental center. However, beginning in the mid-1980s, the properties were acquired by Sebba-Rockaway, Ltd., a British developer, that is marketing them as a single property poised for clearance rather than as landmarks ready for reinvestment. With no response to an unsuccessful strategy meant to attract large-scale development, the future of the historic row on lower State Street is precarious.
  
 
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