For more than 50 years, the New York State Bar Association has been headquartered in a row of historic townhouses located at One Elk Street in downtown Albany. But state bar leaders, and many within its organization, say it’s time for hard financial realities to trump sentimentality. Repairs and renovations for One Elk are expected to run $18 million over the next 10 years while revenues from membership dues are on the decline. According to current estimates, the state bar could run a $6 million deficit in its operating budget in 10 years if it does not change course, President-Elect...