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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Mar 11, 1990

Page

5

Pyramid Companies tangled in complex partnerships

Herald American Reporter Mario Morelli spent months digging through state and county records including certificates deeds bonds and lawsuits to untangle the Pyramid group. The article notes other companies may be in the Pyramid group and mentions Tre Cintan Exchange Burding Carousel Center mall in O City with openings scheduled for August.

Pyramid Companies Herald American Mario Morelli Pyramid Tre Cintan Exchange Burding Carousel Cente O City

Inside the Pyramid network of partnerships and trusts

The article details Pyramid's corporate style using nested partnerships to hold assets and obscure investors. It explains profit sharing across projects, creation of shell entities like Ruby Hill Corp, and the use of family trusts to preserve wealth. Key figures include Frank Spink, Robert Conger, Bruce Kenan, Patrick Mannion, and The Young Agency.

Pyramid Companies Clinton Exchange Michael Falcone Joseph Scuderi Nis Fylamid Robert Congel Bruce Kenan Marc Malfitano Robert L. Ungerer Oodlake Road Albany James A. Tuozzolo E. Genesee St Skaneatsies Robert Conger Quarry Associates Old Quarry Road Fayetteville Gongel Leonard Leveen Woodchuck Hill Associates Richard Schuliar Pyramid Wi Inc C. Daniel Shulman Robert Ungerer Robert Hunter Karas Ly Trust Baxter Family Trust Ganius Baxter Parner Bruce A. Kenan Marc Matfitano Patrick Mannion Py A Brian T. Sciera Boyden St Sciera Peter C. Steingraber Kevin L. Kane Charmouth Michael P. Shanley Frank Spink Urban Land Institute Washington, D.C Spink Plant No. 2 Associates Franklin Square Bridgewater Associates Young Agency Ruby Hill Corp van Buren Oil City Saratoga County Linda McLane Pyramid’s Law Shanley Peter Brown Chase Uncoln Bank Rochester American Bankers Association Frankin Square Housing Associates Franklin Street George Sehuick Jamesville Arincipal The Michack J. Falcone Sedgwick Drive Congel Pioneer Development Co Joseph T. Scuderi Pafeteeville Christian Brothers Academy Widewaters Group

Also Mentioned on This Page

ACP Commons Group Robert J .Congel Y Fayering Harthee Alaw 106 Cs Academy Lake S., Skaneaeses Conger Marc A. Marfilano Makyes Road Pyramid Cos Brattle Road Mails Edward A. Kellogg Wilderness Way Syracuse Axis Group Inc Market St Poughkeepsie Pyramid Corporation Clinton St Berkshire Mail Group Berkshire Lanesboro Mass James Tuozzolo John Bersani Bacon St Boston Bersani New England Eugene Bersani Lee Alexander Donald Hollings Scotland Terrace A. Daniel Lugoach Hi Farm St Dover Donna L. Tarbania Glencove Road St Pyramid Leasing Robert Gongel Pyramid Ventures Champlain Plaza Co Champlain Centre Plattsburg James Tuozzielo Michael J. Falcone Falcone Robert G. Falcone Leveen Francis J. McIlnerny Artisan Way Pyamid Riesling Associates Congel-Palenscar Inc Crossroads Park Liverpool General Comacting Lon Michael Palenscar Cherry V Road Marcellus Conklin Ltd Carousel Center Robert L. Palmer Pougkeepsie Frank P. Milano Shanley, Sweeney and Bailly Patrick A. Mannion Hunt Lane Fayettevsie Mannion Uved Iand i Emerald Point Corp Chev- Frankhe Has Pyramid Company Fo: A Ou City Pyramans Bob Congel Franklin Square Associates Sheila and Beth Congel Ageetary Sizacre den Franklin Square Housing Associates Robert V. Hunter Maine Midland Bank NA Roger J. Caongal Independence Mall Group Ig Kings Robert Conge Dames Tuozzolo J. Daniel Lugosch Donna Tarbania Ac Hunter William R. Tapella Follan St Maes Alice Jdl Associates Peterrace Todd R. Norley Wendell Terrace Syracuse University Parine Richard K. Askin Lorrace Cycie Providence, RL John C. Charters Richdale Road Bothee Dick Family Trust Thomas R Ronpedy Bare Maltitano Richard Montag P 7 Po Fony Fespor Pyana Edgewater Woodchuck Hi Associates SssGales PCM Development Co Robert Cangel Mare Malfitano Gary L. Dower Lake St. Teles Dower Watertown We Riesling Associates Eldamar Associates We Lake Skaneateles Gary Dower Lake St T Associates High St Shrewsbury Plymouth Newport Partners D. Daniel Lugosch JPD Development Co W. Court St Court Street Madeira Associates Gintan Exchange New Process 2 Bridgewater Place Gaar Nobut Ave Bridgewater G. David Hail Standish Dr Moore II Limbertoft George Schunck Robert D. Young Pine Valley Drive Plum Street Associates O.M. Edwards Co U.S Crossgates Mall Vinum Enterprises Poughkeepsie Galleria Moselle Associates Glinton Exchange Garousel Center Super Fox Drive Fricka Trust Newport Galleria Group Newport Avenue Allleboro Emerald Square Mall North Attleboro New England Development Robert Canger Edward Kellogg Kenan Living Trust Marc A. Mailfitano Empire State Co Saratoga Donald Moore Edward W. McNeil Bruce Ket Donald Reuter Daniel Lugosch John W. Girard Parkview Group Inc Beth Cone Donald Rayner Eton Lare Maniners Feo. B. da Frank Douglas Sutherand Sutherland PEM Development Co Michael Lazar Barrington Raad Robert J. Congel Alfred DiMarco Buckiey Road North DiMarco Pyramid Co Widewaters Parkway N Dewi Scuder Widewaters of Congel’s Ghnis Pyramid Co. of Auburn Kingston Mali Robert Conga James Tyozzole Gary Craig Arcen Crest Road Clay Proect Donald F. Moore Gary Craig Woodchuck Hillere Robert W. Hunter Trust Jerald Dick Edward M. Shanahan Richard E. Montag Associates Soesenaate Bangor Twe Partners Dry Toronto Leonard Leveen Wesley F. Tanner Dale VanEpps Fayettewie-Martius Road VanEnops Bruce A. Kennan Buffalo Burtt Milion Walden Galleria Mail Cheekiewaga James Tuozolo Marc Malfitsno Peter Steingraber Kenneth D. Cannon Thenitee Hii" Wie Ng Butiaic Mail Leslie G. Granger Bite Aroue Baigwinsville Buliaia Mall Timothy P. Ahern E. Lake Roe Cazenovia Burlington W. Gary Craig Leonard Leveen Daniel Shulman Richard Schutiar Sevickly Park Darius Baxter Glens Falls Aviation Mall Glens Fails Robert J. Conk Living Trust Wesley F. Tanner Grassgates Din Snowdaga County Partnership Pyramid Go Hadley Hampshire Mall Bacley Crossgates Onondaga County Partnership Holyoke Mall Ingleside Massachusetts Andrew von Deak Timby Jamesville Leonard Levean Jerald Dick Raber Ungerer: Co Onondagaz County Iion Leonard Levee Edward McNeil Ithaca Pytarma Mai Cass Cans Wesley Tanner Leonard Levaen Ee Mail In Albaty Daga County Rarors Motello Associates Leslie Granger Pittsfield Bruce Kenanee Dale van Epps Leonard Laveen Plattsburgh Robert G. Sproul Jr Rockland Palisades Center Mall West Nyack N.Y Utica Sangertown Square New Hartford Joseph T. Scudesi James W. McDonald Jr Edgewater Carolina Jerald M. Dick Pyranea Donak! Moore Alfred Dudaree Pyramid Investors Co Pyramid Properties Co C R Realty Associates Pyramid Real Estate Co Pyramid Sheriyle Co James Steel Sherlyle Properties Co E. Carlyle Smith Sherwood Finn Pyramid Shopping Centers Co Michael J. Falcon Beverly Lane North Syracuse Rosewood Circle Michael J. Palenscar Michael DeLucia Sycamore Terrace Dewitt Deerfield Road Michael J. Lazar Barrington Road Buckley Road Pyramid Structural Systems 60 Pyramid General First Co William Norman Post Road Manlius Pyramid Structures Co Pyramid Taft Land Co Robert Nunter Pyramid Taft Road Co Sairaon Run An Ween Mail Joseph Stockwell Rocky Road James Tintsaln Pyramid Crossgates Co Jorn W. Girard sw @3 Adrew Bull Crossgates Mail Guiderland Donald W. Hollings Wotan Trust der Ungerernes Tuozzolo ‘Ry Dower Quamy Associates Kundry Trust Leonard Lever Jana van Bure Treland Idler Oi City Kenan Worcester Quany Associates Mark D. Mancuso Rochester Road Newton Francis O'Brien M Street S.W ADL Associates Silver City Galleria Froun Chiaton Exchange Silver City Galleria Taunton J.daniel Lugesch Fil Morc Malfitano Harmon Rifkin Causeway Road Hingham Hoyts' Cinemas Corp Rifkin David J. Nettina Marrimac Drive Manlus Sunhill Supply Co Gliaton St Sunnydale Corp Shelmyer Oil Gourt and Solar Streets Thruway Energy Distribution Park Robert B. Hazard Cavalry Drive Manchus Valhalla Trust Mary M. Congel Settlor Vium Enterprises Dervilt Pyrami Companies Woodstead Enterprises Conrai Olt City Fare Maniano Wormer Ltd Clinion Exchange Pyrarugath Mondick Heating and Fetuan Fing Congomynus Beth Congel Harrisburg Ontario Walden Galleria Rochester Galleria Pyramid Mail Riverside Salmon Run Mall Salmon Run Plattsburg2 Maple Tree Place Guilderland New York Binghamton Hudson Valley Mall North Atteboro Providence Place Providence Siiver City Getleria Independence Mall Eres CONN Hartford Concord Augusta Maine Clinton Square Post Office
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