The Historic Albany Foundation has long identified this distinctive former police station as an endangered property. The dark brick and white-glazed terra cotta building is just several blocks north of the Palace Theatre and was designed by Walter Van Guysling who also designed the Hudson River Day Line Office and the R.H. Wing building on lower Broadway.
The photo above was taken last September.
Edited - The Times Union has a more detailed article on the collapse at the building.
TU - Historic police station collapses, fate uncertain