Stayed for a day lobbying. It is 1 block to the Capitol grounds and connected by an inside bridge to the Albany Capitol Center. From there you can stay inside all the way to Capitol Plaza. The Times Union Center is 2 blocks away. While the public spaces were obviously old ( classic is probably a more appropriate term), it has been well maintained and has modern amenities. The staff was friendly and helpfull. My room was clean and comfortable. The parking garage was attatched-$15/ day.
Not in what I would call the center of a vibrant nightlife.
The Albany Hilton is 2 blocks away and in the same price range.
If you are going to do business at the Capiol it would be hard to beat