Robert Congel

Robert Joseph Congel (July 6, 1935 – February 3, 2021) was an American real estate developer known for his foundation of Pyramid Companies and development of projects such as Destiny USA.

Early life Robert Joseph Congel was born in Syracuse, New York, on July 6, 1935. His parents worked in the family real-estate and construction businesses. He attended high school at the Christian Brothers Academy, graduating in 1954. He entered Fordham University studying math, but did not receive a degree, and left the university in 1958. He became known for holding regular company strategy sessions at 6:00 or 6:30 in the morning. In 1988, Congel's net worth was estimated at $200 million, A profile in The New York Times that year described Congel's mall development strategy as "risking his own capital to get malls finished and retain control." Though the profile noted that Congel attempted to keep a "low profile," it also described him as leaving "trail of lawsuits" in his wake. He became known for partnering with financiers and making extensive contributions to friendly politicians while working on development projects. After receiving substantial tax breaks, the mall was expanded, but not to the extent that Congel initially described. Congel and Pyramid Companies also worked to redevelop Franklin Square and the Clinton Exchange building in the city.

By the late 2010s, Congel was in failing health, and he died at his home in Manlius on February 3, 2021.