Albany Trust Company Building, Albany

The Albany Trust Company Building is a distinguished historic commercial building designed by Marcus T. Reynolds in the Renaissance Revival style. Constructed in 1904, the building currently houses the main offices of the Research Foundation for the State University of New York. Its architectural significance and historical value were recognized when it was listed on the National Register of Historic Places in 1973 under the name First Trust Company Building. Additionally, it is a contributing property to the Downtown Albany Historic District.

The site at State Street and Broadway has been historically significant since the 1830s, originally featuring a rounded building. In 1902, the Albany Trust Company commissioned Marcus T. Reynolds, a prominent Albany architect, to design a new headquarters. Reynolds retained the distinctive rounded design, emphasizing it by placing the main entrance at the corner and crowning the building with a dome shape. This unique architectural feature highlights the building's prominence and provides a visually striking focal point.

Inside, the Albany Trust Company Building boasts a circular banking floor, which enhances the elegance and functionality of the space. The building's design not only serves its commercial purposes but also stands as a testament to early 20th-century architectural innovation. Extensions were later added along both State Street and Broadway, further expanding its footprint while maintaining its stylistic coherence.