Pyramid Malls See Sales Increase

The largest privately held shopping centre owner in the Northeast has started out 2023 happy with big bangs at its checkouts.

Syracuse-based Pyramid Management Group reported close to a 20 per cent increase in January sales compared to last year across its 15 regional and super-regional properties that include Destiny USA in its headquarters town, Crossgates in Albany, New York and Holyoke Mall in Massachusetts.

“This is a testament to our strength of leasing and commitment to adapt and evolve while continually reinvesting in our properties for long-term growth and success,” said CEO Stephen J. Congel. “We are thrilled with the strong start to the year.”

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