Pyramid Management Group

About Pyramid Management Group

Pyramid Management Group is a real estate operator. Pyramid Management Group operates in Albany-Schenectady-Troy, New York, Buffalo, New York and New York City, New York. Its investment focus is on Standalone Retail.

Pyramid Management Group is a Syracuse, New York-based commercial real estate development, leasing, and management enterprise headquartered at 4 Telephone Road. Founded in 1968 by Robert Congel, the privately held firm operates with 58 years of continuous industry experience under Chief Executive Officer Stephen J. Congel and President Timothy J. Kelley. The firm serves as the largest privately owned developer of shopping centers in the Northeastern United States. Its vertically integrated platform spans master site planning, ground-up commercial construction, anchor tenant leasing, asset management, and hospitality and entertainment integration. The company's core focus centers on enclosed regional shopping malls, power centers, retail parks, dining destinations, and entertainment complexes. The enterprise manages a portfolio of 9 major commercial shopping properties across New York and Massachusetts, encompassing 15.8 million square feet of gross leasable area and generating approximately $4 billion in annual retail sales. Key assets within its portfolio include Destiny USA in Syracuse (New York's largest shopping center at 2.4 million square feet), Crossgates Mall and Crossgates Commons in Albany, Walden Galleria in Buffalo, Poughkeepsie Galleria, Galleria at Crystal Run, and Holyoke Mall in Massachusetts.

Principals at Pyramid Management Group