 North Albany was settled in the mid-17th century by the Patroon of Rensselaerswyck and his tenants and later became a hamlet in the town of Watervliet.North Albany is located roughly between the Town of Colonie, New York and Village of Menands, New York to the north, the Livingston Avenue railroad bridge to the south, the Hudson River to the east, and Van Rensselaer Boulevard to the west.Tucked between University Heights and the southern edge of Washington Park, the small neighborhood of Park South underwent urban renewal efforts in the early 21st century, with existing housing units being removed or renovated and new office, commercial, and apartment buildings being added.