Latest step on ex-bank site: Option signed

The saga of 300 West First Avenue in Albany continues. That’s where years ago the First National Bank and later Wells Fargo had its downtown branch.

Now there’s a parking lot, and people interested in downtown wonder how long it will stay that way.

In 2018, Wells Fargo closed the branch. A year later, the city’s urban renewal agency, the Albany Revitalization Agency or ARA, bought the property for $1.5 million and tried to get developers interested in doing something with it…

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