The three-story office building at 855 Central is being gutted for renovations. Contractors will install new windows, fixtures, overhaul the facade, and make improvements to the parking lot and landscaping that surrounds the building, said Carrow Leasing and Sales Consultant, Rudy Lynch. "Overall, I think it's really going to add to the whole Central experience," Lynch said.
Carrow Real Estate took over management of the building, and two adjacent properties 845 Central and 875 Central in May 2007. The renovations to the 100,000 square-foot building are expected to be completed this summer. Mildred Elley will move into the building upon completion. The two-year private college will relocate from its current location in Latham.
Carrow is currently looking for a restaurant to fill the vacancy on the first floor after Ocean Palace's departure, Lynch said. The company would like to fill the space with a coffee bar or sandwich shop, something that would serve the students that will soon attend classes in the building.
Improvements will also be made to 845 Central and 875 Central, Lynch said. Currently these buildings are occupied by a mix of New York State offices and private offices. Carrow will try to keep existing tenants and fill any vacancies, Lynch said.
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