William Boyd Printing site sold for $1.3M - The Business Review (Albany):

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Ltd., an affiliate of Cos. in Clifton closed on the $1.3 million purchas on June 3. Cass Hill intendds to convert theformer 1.3-acrre industrial site at 39-49 Sheridan Ave. into an office/retail/residential project. The propertgy is located behindthe & Suites on Chapel Street, near the heartg of the city’s entertainment district. Tony Sabatin o of represented the seller. Cass Hill was represente d by Eileen Lindbergof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reache d for comment. Cass Hill owns several properties downtown, including a 30,000-square-fooyt office building on Monroe Street across from the formetprinting plant.
Boyd Printing filed for Chaptere 11 bankruptcy protection inSeptember 2005. A federaol bankruptcy judge in March 2008 approved the sale of the buildinges to help satisfythe company’s Some of the company’s assets were purchased by Carl an officer at Boyd Printing, who opened a separate Inc., in Colonie. Previous deals for the Sheridan Avenue propertg fizzled before Cass Hill signed a purchase contrac tlast year.