$30 million downtown Albany hotel seeking tax breaks December 18, 2018 by myNOI Pioneer Cos. of Syracuse submitted an application to the Albany Industrial Development Agency outlining the request for a 132-room, eight-story Hyatt Place hotel that would be built at the corner of Montgomery and Spencer streets. Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Click to print (Opens in new window) Print Click to email a link to a friend (Opens in new window) Email