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Westgate Plaza is a large strip mall in the city of Albany,
New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...
, located on Central Avenue. Westgate is considered the first mall in the Albany area, and opened in 1957.


Tenants

Over the years, tenants have included: En lai restaurant Campus Pizza Record Town" "before 1982


Redevelopment

Plans were submitted to the city of Albany before February 23, 1993 for redevelopment of parts of the plaza. This would include demolishing the section that included the closed Grand Union and Woolworth's stores, as well as the still open Wheels and Paper Cutter stores, with plans to relocate the latter stores. A new section would be built on space occupied by the section to be demolished. By October 26, 1993, the redevelopment plans had been approved by the city of Albany.


Ownership/Property Management

As of February 23, 1993, the plaza was owned by Russell Road Associates of Boston. On that date, the plaza was only 40% full and the owners were bankrupt. Nigro Cos. was managing the shopping center in October, 1993. Price Chopper purchased from owner Russell Road Associates in 1993 at a cost of $3 million. This purchase allowed Russell Road Associates, bankrupt at the time, to jumpstart their reorganization. Price Chopper built an store on the land for approximately $4 million. The building was sold to Mesirow-Heller and Price Chopper leases the building. In early 1997, Ruskin Investors of
Northbrook, Illinois Northbrook is a suburb of Chicago, located at the northern edge of Cook County, Illinois, United States, on the border of Lake County, Illinois, Lake County. Per the 2020 United States Census, 2020 census, the population was 35,222. When incorpo ...
purchased the building from Mesirow-Heller for $9 million. Lease terms did not change as a result of the purchase. Boston Development Associates of
Westwood, Massachusetts Westwood is a town in Norfolk County, Massachusetts, United States. The population was 16,266 at the time of the 2020 United States Census. History Westwood was first settled in 1641 and was part of the town of Dedham, originally called 'West De ...
, became the manager of the plaza property in January, 1997.


Historic Sign

The sign for Westgate Plaza is unofficially considered a landmark for the uptown Central Avenue area. There have been concerns about damage or renovation of the sign as removing a piece of history for the area.


Miscellaneous Notes

By 1994, it was noted that Crossgates Mall, which had been open for ten years by that time, had had a negative effect on older city shopping plazas such as Westgate.


Sources

{{Coord, 42, 40, 56.5, N, 73, 47, 25.5, W, display=title Buildings and structures in Albany, New York Shopping malls in Albany County, New York Shopping malls established in 1957 1957 establishments in New York (state)