Pyramid Management Group (also known as The Pyramid Companies) is a development firm formed in 1968 in
Upstate New York
Upstate New York is a geographic region consisting of the area of New York State that lies north and northwest of the New York City metropolitan area. Although the precise boundary is debated, Upstate New York excludes New York City and Long Is ...
, by
Robert J. Congel. It is the largest privately held
shopping mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refe ...
development firm in the
Northeastern United States
The Northeastern United States, also referred to as the Northeast, the East Coast, or the American Northeast, is a geographic region of the United States. It is located on the Atlantic coast of North America, with Canada to its north, the Southe ...
, with a large concentration on
New York State
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. stat ...
.
The company's flagship mall is
Destiny USA
Destiny USA (stylized as destiny usa and also known by its former name Carousel Center) is a six-story, automobile-oriented super-regional shopping, dining, and entertainment complex on the shore of Onondaga Lake in the city of Syracuse, New York ...
in
Syracuse, New York
Syracuse ( ) is a City (New York), city in and the county seat of Onondaga County, New York, Onondaga County, New York, United States. It is the fifth-most populous city in the state of New York following New York City, Buffalo, New York, Buffa ...
.
History
Early Years (1960s and 1970s)
The Pyramid Companies (Pyramid) was founded as a small construction company in 1968 in
Syracuse, New York
Syracuse ( ) is a City (New York), city in and the county seat of Onondaga County, New York, Onondaga County, New York, United States. It is the fifth-most populous city in the state of New York following New York City, Buffalo, New York, Buffa ...
by
Robert J. Congel in partnership with Michael J. Falcone and Joseph T. Scuderi. The company grew slowly at first, with their first break coming when they won a $13,000 contract to lay sewer pipe. Hoping to become involved in more lucrative ventures, Congel contacted
Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indian ...
, an
Indianapolis, Indiana
Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Mari ...
developer. The Simons gave Congel a two-day seminar on the principles of the
shopping center
A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof.
The first known collec ...
development, teaching him design, building, and financing.
In a couple years, Pyramid had begun developing shopping centers in
Upstate New York
Upstate New York is a geographic region consisting of the area of New York State that lies north and northwest of the New York City metropolitan area. Although the precise boundary is debated, Upstate New York excludes New York City and Long Is ...
. Their first three were Pyramid Mall Johnstown in
Johnstown, New York
Johnstown is a city in and the county seat of Fulton County in the U.S. state of New York. The city was named after its founder, Sir William Johnson, Superintendent of Indian Affairs in the Province of New York and a major general during the Seve ...
, Pyramid Mall Fulton in
Fulton, New York, and Pyramid Mall Oneonta in
Oneonta, New York
Oneonta ( ) is a city in southern Otsego County, New York, United States. It is one of the northernmost cities of the Appalachian Region. According to the 2020 U.S. Census, Oneonta had a population of 13,079. Its nickname is "City of the Hil ...
. All three malls opened in 1972. Each mall featured a
White-Modell's department store and
Loblaws
Loblaws Inc. is a Canadian supermarket chain with stores located in the provinces of Alberta, British Columbia, Manitoba, Ontario, Quebec and Saskatchewan. Headquartered in Brampton, Ontario, Loblaws is a subsidiary of Loblaw Companies Limited, C ...
supermarket as anchors. These malls were much smaller, community-type centers compared to the company's later projects.
Pyramid's next shopping centers, regarded as their "pioneer malls", were Pyramid Mall Ithaca (later
The Shops at Ithaca Mall
The Shops at Ithaca Mall, formerly known as the Pyramid Mall Ithaca, is a shopping center located in Lansing, New York, just north of the city of Ithaca. The mall is situated in the junction between NYS Route 13 and North Triphammer Road. With a ...
) in
Lansing, New York
Lansing () is a town in Tompkins County, New York, United States. The population was 11,691 at the 2020 census. The town is named after John Lansing. People from Lansing were early settlers of Lansing, Michigan, and named it after their hometo ...
, Pyramid Mall Plattsburgh (later Champlain Centre South) in
Plattsburgh, New York
Plattsburgh ( moh, Tsi ietsénhtha) is a city in, and the seat of, Clinton County, New York, United States, situated on the north-western shore of Lake Champlain. The population was 19,841 at the 2020 census. The population of the surrounding ...
, and Pyramid Mall Saratoga (later
Saratoga Mall) in
Saratoga Springs, New York
Saratoga Springs is a city in Saratoga County, New York, United States. The population was 28,491 at the 2020 census. The name reflects the presence of mineral springs in the area, which has made Saratoga a popular resort destination for over 2 ...
. All three malls opened in 1975 and marked the beginning of widespread changes in
shopping center
A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof.
The first known collec ...
construction and ownership. Of these three malls, the Plattsburgh and Saratoga properties were demolished for strip centers, but the Ithaca property is still in operation as of September 2020.
Following these initial successes, Pyramid began a rapid expansion. By 1976 they had completed 22 shopping centers, several office buildings and project for
Syracuse University
Syracuse University (informally 'Cuse or SU) is a Private university, private research university in Syracuse, New York. Established in 1870 with roots in the Methodist Episcopal Church, the university has been nonsectarian since 1920. Locate ...
. The founding partners split in 1978 to pursue their individual passions. Congel wanted to concentrate on shopping mall development, whereas Falcone and Scuderi were more interested in the office market.
1980s
Over the next decade, Congel and Pyramid built a dozen malls in New York and Massachusetts, during which time Congel and his team honed their development and management methods.
When planning new projects, they targeted markets where a new regional
shopping mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refe ...
might thrive, either through unmet demand or, when markets had become saturated, by targeting competing malls. They then identified parcels of inexpensive land in close proximity to interstates or major
arterial road
An arterial road or arterial thoroughfare is a high-capacity urban road that sits below freeways/motorways on the road hierarchy in terms of traffic flow and speed. The primary function of an arterial road is to deliver traffic from collector ro ...
s. This practice occasionally resulted in the selection of environmentally sensitive land or
brownfield
In urban planning, brownfield land is any previously developed land that is not currently in use. It may be potentially contaminated, but this is not required for the area to be considered brownfield. The term is also used to describe land prev ...
s, which were purchased by Pyramid using affiliated
subsidiaries
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...
. Once selected, Pyramid could usually complete its projects in half the time of other developers, needing only six to nine months from groundbreaking to completion. To achieve this, the firm often skirted the edge of acceptable business practices. For example, during construction of the
Berkshire Mall, Pyramid and a contractor paid more than $240,000 in fines for filling in a wetland, relocating a stream, and laying drinking water and sewage pipes in the same trench. According to a 1998 ''Business West'' article:
"Pyramid brings to the table a sophisticated knowledge of land-use and zoning laws and a mastery of local political processes to achieve its ends. A common tactic is to employ litigation as a means of forcing cities and towns, where tax assessment offices are often undermanned and poorly equipped, to lower tax obligations on Pyramid properties."
These methods triggered controversy and lawsuits, and Pyramid became known for their conflicts with small business owners, residents, and environmentalists. A notable example of the latter is Pyramid's plan for construction of
Crossgates Mall
Crossgates Mall is an enclosed, automobile-oriented, super-regional shopping mall located in the Albany, New York suburb of Guilderland. It is the largest indoor shopping center in the Capital District, and the third largest in the State of New ...
in a suburb just outside
Albany, New York
Albany ( ) is the capital of the U.S. state of New York, also the seat and largest city of Albany County. Albany is on the west bank of the Hudson River, about south of its confluence with the Mohawk River, and about north of New York City ...
. Under
subsidiaries
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...
, the company purchased parcels in the
Pine Bush, one of the largest of the world's 20 remaining inland
pine barrens
Pine barrens, pine plains, sand plains, or pineland areas occur throughout the U.S. from Florida to Maine (see Atlantic coastal pine barrens) as well as the Midwest, West, and Canada and parts of Eurasia. Perhaps the most well known pine-barre ...
. When revealed in 1978, residents and local environmentalists sued the company under the New York
State Environmental Quality Review Act, intending to halt construction. While the mall was completed and opened in 1984, the environmentalists won a number of legal battles, establishing
environmental
A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale f ...
case law
Case law, also used interchangeably with common law, is law that is based on precedents, that is the judicial decisions from previous cases, rather than law based on constitutions, statutes, or regulations. Case law uses the detailed facts of a l ...
. The battle resulted in the formation of environmental group
Save the Pine Bush
Save the Pine Bush is a not-for-profit community group which came into being on February 6, 1978. Its mission is to stop development of the Albany Pine Bush in the Capital District of the U.S. state
In the United States, a state is a constit ...
, which remains in active legal conflict over Pyramid-controlled properties in the Pine Bush nearly four decades later.
According to a 1988 ''
Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Glob ...
'' profile, the Pyramid Companies established
"a reputation not only as the biggest and fastest-growing builder of shopping malls around, but also as a corporate operator--aggressive, prolific and proud of it. One company executive referred to Pyramid's squadrons of young executives as 'the Green Berets
The United States Army Special Forces (SF), colloquially known as the "Green Berets" due to their distinctive service headgear, are a special operations force of the United States Army.
The Green Berets are geared towards nine doctrinal m ...
of mall-building.'"
In order to plan, finance, construct, and litigate on behalf of these complex projects, corporate
headhunters would recruit talented lawyers and M.B.A.s from prestigious colleges and universities, seeking those who would thrive in the company's intense, fast-paced environment and work any schedule necessary to complete a project. Many of the company's alumni would go on to establish their own development companies and legal firms around the country.
1990s
In 1998, Congel made an attempt to sell his shopping center empire to General Growth Properties for $4 Billion. His eldest son held up the deal, resulting in disgruntled Pyramid partners, who ultimately sued and then settled for an undisclosed sum. It is believed that sometime in 2002, the company received an offer for $6 Billion.
Strategy
Pyramid has generally practiced a stealth development strategy, targeting potentially under-valued land already zoned for commercial use, which they then purchase their own financing. After adequate parcels have been acquired, they announce their development project and begin the process of obtaining municipal approvals. A notable exception to this strategy is
Destiny USA
Destiny USA (stylized as destiny usa and also known by its former name Carousel Center) is a six-story, automobile-oriented super-regional shopping, dining, and entertainment complex on the shore of Onondaga Lake in the city of Syracuse, New York ...
, which the company promoted as a boon to the
Syracuse, New York
Syracuse ( ) is a City (New York), city in and the county seat of Onondaga County, New York, Onondaga County, New York, United States. It is the fifth-most populous city in the state of New York following New York City, Buffalo, New York, Buffa ...
region and
Upstate New York
Upstate New York is a geographic region consisting of the area of New York State that lies north and northwest of the New York City metropolitan area. Although the precise boundary is debated, Upstate New York excludes New York City and Long Is ...
.
Whereas Pyramid will often maintain ownership and management of their projects for many years following construction, they periodically sell off their properties. When they do so they often use the "financial tear parts" strategy, such as was done at
Pyramid Mall Saratoga in the
Saratoga Springs, New York
Saratoga Springs is a city in Saratoga County, New York, United States. The population was 28,491 at the 2020 census. The name reflects the presence of mineral springs in the area, which has made Saratoga a popular resort destination for over 2 ...
suburb of
Wilton during the late 1980s. The theory of the strategy is that optimum profit from a development can be achieved by deconstructing the ownership into financial "tear parts", the aggregate sale price of which would exceed the sale price for entire unit. In the case of Pyramid Mall Saratoga, Pyramid sold the land, structure, and management contracts each to separate investors.
Pyramid is a dominant player in the Northeastern region along with Simon Property Group, and Brookfield (formerly General Growth).
Operations
As of September 2020, Pyramid is the largest privately owned developer of shopping malls in the northeastern United States, owning 15 properties in total, with 12 in
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
and three in
. In 2021 it was reported that out of the 20 most visited shopping centers in America, four are owned by Pyramid,
Destiny USA
Destiny USA (stylized as destiny usa and also known by its former name Carousel Center) is a six-story, automobile-oriented super-regional shopping, dining, and entertainment complex on the shore of Onondaga Lake in the city of Syracuse, New York ...
in
Syracuse, New York
Syracuse ( ) is a City (New York), city in and the county seat of Onondaga County, New York, Onondaga County, New York, United States. It is the fifth-most populous city in the state of New York following New York City, Buffalo, New York, Buffa ...
,
Palisades Center
Palisades Center is a shopping mall in West Nyack, New York, which as of December 2022, is the twelfth-largest by gross leasable space. It was built in the industrial style. It has also been of the nation's most lucrative malls, producing $40 mil ...
in
West Nyack, New York
West Nyack is a hamlet and census-designated place in the town of Clarkstown, Rockland County, New York, United States. It is located north of Blauvelt, east of Nanuet, southwest of Valley Cottage, southeast of Bardonia, and west of Central Nyac ...
,
Walden Galleria
Walden Galleria is a regional shopping mall located in Cheektowaga, a suburb of Buffalo, New York located east of Interstate 90 and New York State Thruway Exit 52 off Walden Avenue. The Walden Galleria comprises more than of retail space, with 170 ...
in
Buffalo, New York
Buffalo is the second-largest city in the U.S. state of New York (behind only New York City) and the seat of Erie County. It is at the eastern end of Lake Erie, at the head of the Niagara River, and is across the Canadian border from South ...
, and
Crossgates Mall
Crossgates Mall is an enclosed, automobile-oriented, super-regional shopping mall located in the Albany, New York suburb of Guilderland. It is the largest indoor shopping center in the Capital District, and the third largest in the State of New ...
in
Albany, New York
Albany ( ) is the capital of the U.S. state of New York, also the seat and largest city of Albany County. Albany is on the west bank of the Hudson River, about south of its confluence with the Mohawk River, and about north of New York City ...
.
Black Friday 2014
In November 2014, the Pyramid-owned
Walden Galleria
Walden Galleria is a regional shopping mall located in Cheektowaga, a suburb of Buffalo, New York located east of Interstate 90 and New York State Thruway Exit 52 off Walden Avenue. The Walden Galleria comprises more than of retail space, with 170 ...
in
Buffalo, NY
Buffalo is the second-largest city in the U.S. state of New York (behind only New York City) and the seat of Erie County. It is at the eastern end of Lake Erie, at the head of the Niagara River, and is across the Canadian border from South ...
was involved in a national controversy regarding their
Black Friday policy. Mall management told their tenants that they must open at 6:00pm on Thanksgiving Day, or be fined $200 for every hour, up to a maximum of $1200.
This was because all mall stores were expecting to open at midnight. A local radio station reported that a mandatory notice was posted around the mall stating "we caution you to be open at 6 pm when the rest of the mall opens." When owners of smaller stores in the mall found out about the policy, they quickly spoke out against it. The manager of a small
T-shirt
A T-shirt (also spelled tee shirt), or tee, is a style of fabric shirt named after the T shape of its body and sleeves. Traditionally, it has short sleeves and a round neckline, known as a ''crew neck'', which lacks a collar. T-shirts are general ...
store located in the mall said it forced him to open the shop because "
e are
E, or e, is the fifth letter and the second vowel letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''e'' (pronounced ); plur ...
a small company" and the fine would "substantial to us." Local citizens outraged by this policy also spoke out against it, with a massive boycott against the mall organized at 12:00am on Black Friday, with over 4,000 people purportedly attending,
which encouraged shoppers to "steer clear" of the Walden Galleria. An
Indiegogo campaign entitled ''Coffee and Cheer on Thanksgiving Day'' was also started to deliver coffee to the mall employees "forced to work at supper time" during Thanksgiving.
Although Pyramid did continue to enforce this policy, it shifted some of the blame to anchor tenant
Macy's
Macy's (originally R. H. Macy & Co.) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated wi ...
, who was a major proponent of Thanksgiving sales nationwide, for pressuring the mall into adopting the policy.
The Family
The Congel family is the largest privately held shopping center developer in the Northeastern region. They have also appeared on the billionaires list.
List of properties
Current properties
Malls
=New York
=
*
Aviation Mall -
Glens Falls, New York
Glens Falls is a city in Warren County, New York, United States and is the central city of the Glens Falls Metropolitan Statistical Area. The population was 14,700 at the 2010 census. The name was given by Colonel Johannes Glen, the falls refe ...
(Opened 1975)
*
Champlain Centre
Champlain Centre North is a shopping mall in Plattsburgh, New York. Opened in 1987, the mall features JCPenney, Target, Dick's Sporting Goods, DSW, Hobby Lobby, Kohl's, Ollie's Bargain Outlet, Old Navy, Five Below, and a Regal Entertainment Grou ...
-
Plattsburgh, New York
Plattsburgh ( moh, Tsi ietsénhtha) is a city in, and the seat of, Clinton County, New York, United States, situated on the north-western shore of Lake Champlain. The population was 19,841 at the 2020 census. The population of the surrounding ...
(Opened 1987)
*
Crossgates Mall
Crossgates Mall is an enclosed, automobile-oriented, super-regional shopping mall located in the Albany, New York suburb of Guilderland. It is the largest indoor shopping center in the Capital District, and the third largest in the State of New ...
-
Albany, New York
Albany ( ) is the capital of the U.S. state of New York, also the seat and largest city of Albany County. Albany is on the west bank of the Hudson River, about south of its confluence with the Mohawk River, and about north of New York City ...
(Opened 1984)
*
Destiny USA
Destiny USA (stylized as destiny usa and also known by its former name Carousel Center) is a six-story, automobile-oriented super-regional shopping, dining, and entertainment complex on the shore of Onondaga Lake in the city of Syracuse, New York ...
(formerly Carousel Center) -
Syracuse, New York
Syracuse ( ) is a City (New York), city in and the county seat of Onondaga County, New York, Onondaga County, New York, United States. It is the fifth-most populous city in the state of New York following New York City, Buffalo, New York, Buffa ...
(Opened 1990)
*
Galleria at Crystal Run
The Galleria at Crystal Run is a shopping center located in the Town of Wallkill, New York. It is the second-largest mall in New York's Hudson Valley region.
History
The galleria, which opened in 1992, has an area of 1,100,000 square feet (99 ...
-
Middletown, New York (Opened 1992)
*
Palisades Center
Palisades Center is a shopping mall in West Nyack, New York, which as of December 2022, is the twelfth-largest by gross leasable space. It was built in the industrial style. It has also been of the nation's most lucrative malls, producing $40 mil ...
-
West Nyack, New York
West Nyack is a hamlet and census-designated place in the town of Clarkstown, Rockland County, New York, United States. It is located north of Blauvelt, east of Nanuet, southwest of Valley Cottage, southeast of Bardonia, and west of Central Nyac ...
(Opened 1998)
*
Poughkeepsie Galleria
The Poughkeepsie Galleria is a shopping center on U.S. 9 in the Town of Poughkeepsie, New York, located just north of Wappingers Falls, and is the largest shopping center in Dutchess County. The mall is anchored by the traditional chains Macy's ...
-
Poughkeepsie, New York
Poughkeepsie ( ), officially the City of Poughkeepsie, separate from the Town of Poughkeepsie around it) is a city in the U.S. state of New York. It is the county seat of Dutchess County, with a 2020 census population of 31,577. Poughkeepsi ...
(Opened 1987)
*
Salmon Run Mall
The Salmon Run Mall is a shopping center located in Watertown, New York. The mall features JCPenney, Dick's Sporting Goods, Best Buy, Burlington, Hobby Lobby, and Best Buy, in addition to a Regal Cinemas.
History
One of the original anchor sto ...
-
Watertown, New York
Watertown is a city in, and the county seat of, Jefferson County, New York, United States. It is approximately south of the Thousand Islands, along the Black River about east of where it flows into Lake Ontario. The city is bordered by the ...
(Opened 1986)
*
Sangertown Square -
New Hartford, New York
New Hartford is a Administrative divisions of New York#Town, town in Oneida County, New York, United States. As of the United States Census, 2010, 2010 census, the town population was 22,166. The name of New Hartford was provided by a settler fam ...
(Opened 1980)
*
Walden Galleria
Walden Galleria is a regional shopping mall located in Cheektowaga, a suburb of Buffalo, New York located east of Interstate 90 and New York State Thruway Exit 52 off Walden Avenue. The Walden Galleria comprises more than of retail space, with 170 ...
-
Buffalo, New York
Buffalo is the second-largest city in the U.S. state of New York (behind only New York City) and the seat of Erie County. It is at the eastern end of Lake Erie, at the head of the Niagara River, and is across the Canadian border from South ...
(Opened 1989)
=Massachusetts
=
*
Hampshire Mall
Hampshire Mall is a primarily one-story shopping mall with a small second floor in Hadley, Massachusetts, United States, with approximately 30 stores owned by The Pyramid Companies. Current anchor stores include Dick's Sporting Goods, JCPe ...
-
Hadley, Massachusetts
Hadley (, ) is a town in Hampshire County, Massachusetts, United States. The population was 5,325 at the 2020 census. It is part of the Springfield, Massachusetts Metropolitan Statistical Area. The area around the Hampshire and Mountain Farms Ma ...
(Opened 1978)
*
Holyoke Mall at Ingleside
The Holyoke Mall at Ingleside ( Holyoke Mall) is a shopping center located in Holyoke, Massachusetts, in the city's Ingleside neighborhood. It is owned by The Pyramid Companies. The mall features 135 stores, a large food court, and several rest ...
-
Holyoke, Massachusetts
Holyoke is a city in Hampden County, Massachusetts, United States, that lies between the western bank of the Connecticut River and the Mount Tom Range. As of the 2020 census, the city had a population of 38,238. Located north of Springfield ...
(Opened 1979)
*
Kingston Collection
Kingston Collection is a one-story enclosed upscale shopping center and mall located in the South Shore (Massachusetts), South Shore region of Massachusetts in the United States. As of January 2022, The mall features 37 stores and restaurants. A ...
(formerly Independence Mall) -
Kingston, Massachusetts
Kingston is a coastal town in Plymouth County, Massachusetts, United States. The population was 13,708 at the 2020 census.
History
Before European settlers arrived, Kingston was within the tribal homeland of the Wampanoag people. Several years ...
(Opened 1989)
Power Centers
=New York
=
*
Crossgates Commons
Crossgates Commons is a large shopping plaza in Albany, New York along Washington Avenue Extension. It is owned and managed by Pyramid Management Group, Inc., who also own and manage the nearby Crossgates Mall.
History
Crossgates Commons is ...
-
Albany, New York
Albany ( ) is the capital of the U.S. state of New York, also the seat and largest city of Albany County. Albany is on the west bank of the Hudson River, about south of its confluence with the Mohawk River, and about north of New York City ...
- Opened 1994 - adjacent to
Crossgates Mall
Crossgates Mall is an enclosed, automobile-oriented, super-regional shopping mall located in the Albany, New York suburb of Guilderland. It is the largest indoor shopping center in the Capital District, and the third largest in the State of New ...
.
Past properties
The following is a list of malls and power centers that were either closed by Pyramid, or sold to another company.
New York
*
Shops at West Seneca (old
Seneca Mall) -
West Seneca, New York
West Seneca is a town in Erie County, New York, United States. The population was 44,711 at the 2010 census. West Seneca is a centrally located interior town of the county, and a suburb of Buffalo. West Seneca, Orchard Park and Hamburg form the ...
- Opened 1998 - On the site of former
Seneca Mall.
*
The Shops at Ithaca Mall
The Shops at Ithaca Mall, formerly known as the Pyramid Mall Ithaca, is a shopping center located in Lansing, New York, just north of the city of Ithaca. The mall is situated in the junction between NYS Route 13 and North Triphammer Road. With a ...
(formerly Pyramid Mall Ithaca) -
Lansing, New York
Lansing () is a town in Tompkins County, New York, United States. The population was 11,691 at the 2020 census. The town is named after John Lansing. People from Lansing were early settlers of Lansing, Michigan, and named it after their hometo ...
(Opened 1976)
*Pyramid Mall Plattsburgh -
Plattsburgh, New York
Plattsburgh ( moh, Tsi ietsénhtha) is a city in, and the seat of, Clinton County, New York, United States, situated on the north-western shore of Lake Champlain. The population was 19,841 at the 2020 census. The population of the surrounding ...
(Opened 1975, later named Champlain Centre South. Closed 1999. Demolished 1999 and revamped into a big box center with
Lowe's
Lowe's Companies, Inc. (), often shortened to Lowe's, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada. A ...
,
Price Chopper Price Chopper may refer to:
United States
* Price Chopper (Northeastern United States), a supermarket chain based in Schenectady, New York, with stores in eastern United States
** Price Chopper Tour Championship, a golf tournament in the Albany, ...
, and retaining the original
Kmart
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States.
The company was inc ...
store. Sold to Champlain Center South Associates in 2001)
*
Pyramid Mall Saratoga -
Wilton, a suburb of
Saratoga Springs, New York
Saratoga Springs is a city in Saratoga County, New York, United States. The population was 28,491 at the 2020 census. The name reflects the presence of mineral springs in the area, which has made Saratoga a popular resort destination for over 2 ...
(Opened 1975, later named
Saratoga Mall after being sold. Closed in 1997 and demolished in 1999)
*
Finger Lakes Mall -
Auburn, New York
Auburn is a city in Cayuga County, New York, United States. Located at the north end of Owasco Lake, one of the Finger Lakes in Central New York, the city had a population of 26,866 at the 2020 census. It is the largest city of Cayuga County, the ...
(Opened 1980, Sold to Jager Management in 1999)
*
Hudson Valley Mall -
Kingston, New York
Kingston is a Administrative divisions of New York#City, city in and the county seat of Ulster County, New York, United States. It is north of New York City and south of Albany, New York, Albany. The city's metropolitan area is grouped with t ...
(Opened 1981, sold to
CBL & Associates Properties
CBL Properties (previously CBL & Associates, Inc., then CBL & Associates Properties, Inc.) is an American real estate investment trust that invests in shopping centers, primarily in the Southeastern and Midwestern United States. The company is or ...
. Mall is now owned by
Hull Property Group
Hull Property Group is a shopping mall management company based in Augusta, Georgia. It was founded in 1977. The company owns, manages, and re-develops shopping malls in relatively small communities, mainly in the south and mid-west United States. ...
)
*Riverside Mall -
Utica, New York
Utica () is a Administrative divisions of New York, city in the Mohawk Valley and the county seat of Oneida County, New York, United States. The List of cities in New York, tenth-most-populous city in New York State, its population was 65,283 ...
(Opened 1974, converted to a
strip mall
A strip mall, strip center or strip plaza is a type of shopping center common in North America where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front. ...
in 1998, sold to Nightingale Properties in 2011)
*Pyramid Mall Geneva -
Geneva, New York
Geneva is a City (New York), city in Ontario County, New York, Ontario and Seneca County, New York, Seneca counties in the U.S. state of New York (state), New York. It is at the northern end of Seneca Lake (New York), Seneca Lake; all land port ...
(Redeveloped by
Centro Properties Group)
*Pyramid Mall Johnstown -
Johnstown, New York
Johnstown is a city in and the county seat of Fulton County in the U.S. state of New York. The city was named after its founder, Sir William Johnson, Superintendent of Indian Affairs in the Province of New York and a major general during the Seve ...
(Opened 1972)
*Pyramid Mall Fulton -
Fulton, New York (Opened 1972 - sold and converted into a strip mall)
*Pyramid Mall Oneonta -
Oneonta, New York
Oneonta ( ) is a city in southern Otsego County, New York, United States. It is one of the northernmost cities of the Appalachian Region. According to the 2020 U.S. Census, Oneonta had a population of 13,079. Its nickname is "City of the Hil ...
(Opened 1972 - sold to Bettiol Enterprises in 1994, converted to an outpatient center for A.O. Fox Memorial Hospital in 1997)
Massachusetts
*
Berkshire Mall -
Lanesborough, Massachusetts
Lanesborough is a New England town, town in Berkshire County, Massachusetts, Berkshire County, Massachusetts, United States. It is part of the Pittsfield, Massachusetts, Pittsfield, Massachusetts Metropolitan Statistical Area. The population was ...
, a suburb of
Pittsfield, Massachusetts
Pittsfield is the largest city and the county seat of Berkshire County, Massachusetts, United States. It is the principal city of the Pittsfield, Massachusetts Metropolitan Statistical Area which encompasses all of Berkshire County. Pittsfield ...
(Opened 1988, Sold in 2014 to
CBL & Associates Properties
CBL Properties (previously CBL & Associates, Inc., then CBL & Associates Properties, Inc.) is an American real estate investment trust that invests in shopping centers, primarily in the Southeastern and Midwestern United States. The company is or ...
)
*
Emerald Square
Emerald Square is a shopping mall in North Attleboro, Massachusetts. The mall is anchored by JCPenney and Macy's, and features staples such as H&M, Forever 21, and Hollister.
History
Originally opened in 1989 as a joint venture of New England ...
-
North Attleborough, Massachusetts
North Attleborough, alternatively spelled North Attleboro, is a town in Bristol County, Massachusetts, United States. The population was 30,834 at the 2020 United States Census.
The villages of Attleboro Falls and North Attleborough Center are ...
(Opened 1989 in conjunction with New England Development, later sold interest in 1998. Later owned by
Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indian ...
, & now it is owned by
Jones Lang LaSalle Incorporated.)
*
Silver City Galleria
The Silver City Galleria was an enclosed, two-level, super-regional mall located off Route 24 and Route 140 in Taunton, Massachusetts, United States. It covered a leasable area of over , and served multiple cities and towns in the region. It wa ...
-
Taunton, Massachusetts
Taunton is a city in Bristol County, Massachusetts, Bristol County, Massachusetts, United States. It is the county seat, seat of Bristol County. Taunton is situated on the Taunton River which winds its way through the city on its way to Mount ...
(Opened 1992, sold to GGP)
Virginia
*
Manassas Mall -
Manassas, Virginia
Manassas (), formerly Manassas Junction, is an independent city in the Commonwealth of Virginia, United States. The population was 42,772 at the 2020 Census. It is the county seat of Prince William County, although the two are separate jurisdi ...
(Opened 1972)
References
Bibliography
*
External links
*
{{DEFAULTSORT:Pyramid Companies
Shopping center management firms
Real estate companies of the United States
Privately held companies based in New York (state)
Companies based in Syracuse, New York