Albany's Palace Theatre refocusing its vision for future

Plans for the renovation of Albany's venerable Palace Theatre are being retooled, lowering the price tag to $35 million from $65 million, the figure that was touted in 2016. According to a letter sent to potential donors and other stakeholders that was obtained by the Times Union, the cost is broken down into about $19 million for renovation of existing space, including new seats that would boost capacity to 3,100 and an elevator that would allow handicapped access to basement and mezzanine leve