The Palace is the largest theatre in the city of Albany. Its distinct signage and architectural makeup contributed to its significance to entertainment in Albany. It opened in October 1931 on Clinton Avenue, during the United States greatest economic downturn, the Great Depression. Based on the ups and downs of its stability, The Palace can be considered a place that grew and suffered with life’s transitions. Although able to withstand economic hardships during the Depression, the following years and changes within the community effected attendance. Albany increased as a suburban area and the rise of television contributed to substantial losses for the theatre. By 1969, Palace Theatre closed to be used as a civic auditorium.
Its historical significance placed Palace Theatre on the National Register of Historic Places in 1979.
By the early 2000s, several renovations were made to restore this historical landmark. The Palace continues to be a home of entertainment of a large scale. Not only does it cater to a wide variety of audiences, but also has premiered popular movies and has been a stage for popular entertainers such as Jerry Seinfeld, the Rolling Stones, and Bruce Springsteen.
Upcoming events at Palace Theatre include performances, movie series, Sesame Street Live, and more.