Harmony Group

Real Estate Investment Firm in Albany, New York

Based in Albany, New York, Harmony Group is a commercial real estate investment and development firm renowned for transforming distressed properties into high-quality, valuable assets. The firm specializes in identifying undervalued buildings and executing complex redevelopment projects nationwide. With a focus on excellence, the team at Harmony Group has earned a reputation for delivering projects that meet high standards of service and quality and positively impact the surrounding communities.

Harmony Group’s dedication to preserving historic buildings is central to its development philosophy. The firm recognizes the importance of architectural integrity and strives to maintain the unique character of each property it acquires. Rather than demolishing or erasing the past, Harmony Group works to honor it, ensuring that the buildings retain their historical significance while adapting to modern needs. This approach creates functional and meaningful spaces, enriching the lives of those who live and work in them while preserving the cultural heritage of the communities they serve.

One of Harmony Group’s standout projects is the restoration of Harmony Mills in Cohoes, New York. This $25 million renovation project converted the world’s largest cotton mill, originally built in 1872, into 231 luxury residential units. The project preserved the building’s historic design while introducing modern amenities like a fitness center, high ceilings, and stunning views of the Mohawk River. Harmony Group's work at Harmony Mills demonstrates its ability to blend history with modernity, creating vibrant living spaces that enhance the community’s character and improve the local economy.

Another successful project led by Harmony Group Capital, LLC, is the redevelopment of the Albany Lofts at One Broadway, located in Menands, New York. This transformation involved converting the former Albany Felt Company headquarters into upscale residential lofts, carefully preserving the building's original industrial features, such as large windows and vaulted ceilings. Harmony Group revitalized the surrounding area by repurposing the building for modern living, turning a former industrial site into a thriving, sought-after residential community.