The Pyramid Companies, also known as Pyramid Management Group, were formed in 1970 in Syracuse, New York by Robert J. Congel. Its first three malls, or the company's "pioneer malls", were Pyramid Mall Ithaca (The Shops at Ithaca Mall), Pyramid Mall Plattsburgh, and Pyramid Mall Saratoga. All three malls opened in 1975 and marked the beginning of an advance in shopping center construction and ownership. Currently, it is the largest privately owned developer of shopping malls in the country. The company has since grown to own 20 properties throughout New York and Massachusetts. However, of the three original Pyramid Malls, two have been demolished for strip centers, and the Ithaca property has since been sold.
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Famous quotes containing the words pyramid and/or companies:
“So universal and widely related is any transcendent moral greatness, and so nearly identical with greatness everywhere and in every age,—as a pyramid contracts the nearer you approach its apex,—that, when I look over my commonplace-book of poetry, I find that the best of it is oftenest applicable, in part or wholly, to the case of Captain Brown.”
—Henry David Thoreau (1817–1862)
“The recent attempt to secure a charter from the State of North Dakota for a lottery company, the pending effort to obtain from the State of Louisiana a renewal of the charter of the Louisiana State Lottery, and the establishment of one or more lottery companies at Mexican towns near our border, have served the good purpose of calling public attention to an evil of vast proportions.”
—Benjamin Harrison (1833–1901)