COMMERCIAL REVOLUTION PASSES BY THE STREET FOR SALE, FOR RENT SIGNS PROLIFERATE ON STOREFRONTS.(Business)

Albany Times Union (Albany, NY) | September 20, 1987 | Copyright

Byline: Nancy Hass Business writer

In 1981, many commercial real-estate speculators predicted that Albany's Lark Street would be a gold mine by the end of the decade.

Armed with articles about yuppies and the baby boom from New York Magazine and USA Today, they talked of the return of pricey boutiques, a torrent of tourists and the renovation of the street's elegant brownstones. They compared the strip between Central and Madison avenues to Boston's Newbury Street and Portland, Maine's, trendy riverfront development.

Now, almost eight years later, ...

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