ALBANY — A $4.3 million project has transformed a vacant office building into 25 market-rate apartment units.
The Manfredi Property Group acquired the 28,000-square-foot former headquarters of the New York State Correctional Officers and Police Benevolent Association, which has been vacant since 2023. It is the developer’s seventh project in Albany.
The Academy Place Apartments, located at 102 Hackett Blvd., includes studio, one- and two-bedroom units. Leasing began at the beginning of the year, and the building already has over 70% occupancy. Only one-bedroom units are still available , ranging in cost from $1,795 to $1,995 monthly…