The Palace Theatre is an entertainment venue, in downtown Albany, New York, located on the corner of Clinton Avenue (US 9) and North Pearl Street (NY 32). The 2,844 seat theater is owned by the City of Albany and run by the Palace Performing Arts Center, Inc - a 501(c)(3) non-profit organization. The Palace Theatre hosts more than 150 events annually, from public performances such as concerts, plays, educational programs, live comedy and a classic movie series to private events such as weddings, dance competitions, corporate events and graduations.