Pyramid Management Group (also known as The Pyramid Companies) is a development firm formed in 1968 in Upstate New York, by Robert J. Congel. It is the largest privately held shopping mall development firm in the Northeastern United States, with a large concentration on New York State. The company's flagship mall is Destiny USA in Syracuse, New York. 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, which the company promoted as a boon to the Syracuse, New York region and Upstate New York. More information...
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