P
yramid Management Group, owner of Syracuse's Destiny USA, has lost its third mall in a year to foreclosure. A Warren County judge approved a bank's foreclosure on the company's Aviation Mall in Queensbury, north of Albany, in July 2025. The mall was ordered to be auctioned off within 90 days or as soon as reasonably practicable after Pyramid failed to pay off a $26 million mortgage by its maturity date. This latest loss comes amid financial struggles for the company, which has seen two other malls foreclosed on in recent months.
