Downtown Troy’s Next Chapter: Historic Apartment Living Meets New Waterfront Investment

Albany, New York / Storyteller / Nov 11, 2026 /

Revitalization is opening up a new chapter of apartment living in Troy. For Burns Management, this new chapter has involved updating old and historic locations, like The Dauchy Building and River Triangle Apartments, to bring modern amenities to the city’s distinctive buildings. The Hendrick Hudson is the most recently updated of these historic locations, receiving new life through residential conversion.

At 200 Broadway, the seven-story Hendrick Hudson is undergoing its latest transformation from commercial space to residential living. The newest phase converts the fifth, sixth and seventh floors into 27 additional market-rate apartments, expanding the residential use of a landmark that once operated as the Hendrick Hudson Hotel.

The project continues a transition that began with earlier office-to-residential conversions inside the approximately 80,000-square-foot mixed-use building. The first floor remains commercial, preserving the combination of business and residential activity that has long been a familiar part of downtown Troy.

Established in 1974 and headquartered in Albany, New York, Burns Management manages apartment communities throughout the Capital Region.
Established in 1974 and headquartered in Albany, New York, Burns Management manages apartment communities throughout the Capital Region.

Today, Hendrick Hudson offers studio, one-, two- and three-bedroom floor plans. Apartments pair the building’s history with features designed for everyday living, including full-size washers and dryers, stainless steel appliances, granite countertops and engineered hardwood floors. Gas and electric are included in rent, and the community also offers a 24/7 fitness center, key-fob access, available off-street parking permits and short-term lease options.

Preserving the character of older buildings while adapting them for how people live is a broader pattern visible throughout Burns Management’s downtown Troy portfolio. The Hendrick Hudson project emblematic of these goals.

Just a few blocks away at 275 River Street, The Dauchy Building carries that story back to 1842. Its apartments retain exposed brick, historic wood detailing and barreled ceilings while adding contemporary features such as granite countertops, stainless steel appliances, hardwood flooring, full-size in-unit washers and dryers and a 24-hour fitness center. Three commercial tenants also occupy the building’s ground floor, continuing its mixed-use role in downtown Troy.

Across the street at 270 River Street, River Triangle Apartments similarly combine historic character with modern apartment finishes. Studio, one- and two-bedroom residences include hardwood floors, granite countertops, stainless steel appliances and full-size washers and dryers, with third- and fourth-floor apartments overlooking River Street and the Hudson River.

The locations place residents directly within Troy’s downtown waterfront district rather than simply near it. River Triangle provides convenient access to Riverfront Park, Monument Square and the Troy Waterfront Farmers Market, while all three communities are within walking distance of downtown restaurants, shops and entertainment.

That setting is also entering another period of investment. In 2026, the City of Troy advanced new legislative steps toward redeveloping the long-vacant One Monument Square waterfront site. The planned redevelopment is intended to reconnect the property with Riverfront Park and surrounding public spaces, adding another piece to the continued evolution of downtown Troy’s Hudson River corridor.

The Troy Waterfront Farmers Market remains one of that district’s most visible anchors. The year-round Saturday market operates around Monument Square and River Street during warmer months before moving indoors to the Troy Atrium for winter, drawing residents and visitors into the heart of downtown throughout the year.

For renters, the combination of original architectural character, modern interiors and direct access to an established downtown neighborhood creates a special type of apartment living that newer construction cannot fully replicate.

Burns Management currently has apartment availability across its Troy portfolio. Prospective residents can view current floor plans, real-time availability & pricing, and tour options for Hendrick Hudson, The Dauchy Building and River Triangle Apartments at Burns Management’s Troy apartment listings.

About Burns Management

Established in 1974 and headquartered in Albany, New York, Burns Management manages apartment communities throughout the Capital Region. Its portfolio includes properties in Albany, Troy, Saratoga Springs, East Greenbush, Latham and surrounding communities, with housing options ranging from historic downtown apartments to contemporary multifamily communities.

Media Contact:

Dan Wood, Community Manager

Burns Management

dwood@burnsmgmt.com

518-326-1859

Burns Management

newsroom: news.38digitalmarket.com

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