Mall owner Pyramid Management Group has spent the past few years fighting fires across its portfolio, but it may soon have one fewer property to deal with. Three mortgages totaling $243.7 million on ...

GUILDERLAND — The owners of Crossgates Mall’s mortgage loans have completed an appraisal for the region’s largest shopping destination in preparation for a sale of the debt. Pyramid Management Group ...

Syracuse, N.Y. -- Syracuse-based Pyramid Management Group has worked a deal with lenders to restructure and extend nearly $132 million in loans on the Poughkeepsie Galleria, whose value has fallen 71% ...

Someone still believes in Pyramid Management Group’s flagship mall outside of Albany. An unidentified lender purchased the Crossgates Mall’s $243 million mortgage debt at auction, the Times Union ...

Syracuse, N.Y. – When a homeowner defaults on their mortgage, it’s just a matter of time before the bank takes their home. But when a gigantic mall defaults on its mortgage, it’s sometimes a different ...

A full parking lot on Black Friday, Nov. 25, 2022, at Crossgates Mall in Guilderland, NY. Pyramid, the mall's owner, and the town of Guilderland have been litigating over tax valuation for years as ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The owner of Crossgates ...