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Colonie seemed nice from the outside if you are looking for a cheap way to spend a couple nights I might recommend Colonie but again I didn't get to experience because of the age requirement. Don't book if you're under 21.
you must go to the capital and do the tour there as well as allow 3-5 hours to go to the NYS museum. So much to see and all free. there was a lot more to do and see in Albany but our feet didn't outlast as long as our interest in the sights!!!
Colonie is central to everything you could want to do while staying in that area. Movie theaters, shopping, museum, etc. Saratoga and Lake George are just a quick drive up the Northway. I miss living in that area but I get a taste when I visit my family.