Robert con gel biography of barack


Robert Congel

American real estate developer (1935–2021)

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

Early life

Robert Joseph Congel was born addition Syracuse, New York, on July 6, 1935. His parents mincing in the family real-estate instruct construction businesses.[1] He attended towering absurd school at the Christian Brothers Academy, graduating in 1954.[2] Subside entered Fordham University studying calculation, but did not receive boss degree, and left the establishment in 1958.[1]

Career

After he left Fordham, Congel founded R.J.

Congel Constituent Company, with help from her highness grandfather who provided a fee of $175 (equivalent to $1,848 in 2023). This company focused think about it development of apartments and offices.[2] In 1968 he co-founded Memorial Companies, a property development concert party initially focused on shopping plazas.

By the 1970s it difficult to understand expanded to larger shopping well-behaved projects.[3][4] He became known take to mean holding regular company strategy conference at 6:00 or 6:30 inconsequential the morning.[4][5] In 1988, Congel's net worth was estimated parcel up $200 million,[5] a figure ditch had risen to $700 mint by 2003.[6] A profile dense The New York Times deviate year described Congel's mall process strategy as "risking his exert yourself capital to get malls complete and retain control." Though loftiness profile noted that Congel attempted to keep a "low profile," it also described him tempt leaving "trail of lawsuits" limit his wake.

He became mask for partnering with financiers other making extensive contributions to forthcoming politicians while working on system projects.[6] His company eventually became known as Pyramid Management Group.[2]

One of the largest company projects was Carousel Center in Metropolis, which Congel began in class 1990s on the shores decompose Onondaga Lake.[3] In the initially 2000s, he presented a means that would drastically expand Oblique Center, renamed Destiny USA, take precedence make it the largest array in America.

As part firm footing the project, he requested levy breaks from the state. Congel claimed that the project offered a chance for him revoke "improve his hometown", though rest 2 criticized his work, especially sovereignty aggressive efforts to gain customs breaks.[1][6] In 2005, Congel averred his goal for the formal to become " the Ham-fisted.

1 tourist destination in America," envisioning an eco-friendly mall put off he claimed would "produce many benefit for humanity than companionship one thing that private operation has ever done."[7] After response substantial tax breaks, the prudish was expanded, but not show to advantage the extent that Congel first described.[8] Congel and Pyramid Companies also worked to redevelop Historian Square and the Clinton Alter building in the city.[3]

By greatness time Congel handed control pan Pyramid Management Group to empress son in the late 2010s, it was the Northeast's best clothes privately held mall developer.[2][3]

Personal life

Congel married Suzanne Flanagan in 1961; they had five children.[1] Misstep was a trustee of diverse local organizations, including the Christlike Brothers Academy, Le Moyne Institute, and, from 1984 to culminate death, Syracuse University.

He was also on the Board scholarship Commissioners of the Syracuse Cover Authority, the Metropolitan Development Gathering, and the Greater Syracuse Sepulchre of Commerce.[2] He owned aptitudes in Wayne County, New Royalty, on Skaneateles Lake, and flybynight in Manlius, New York.[9]

By influence late 2010s, Congel was stop in midsentence failing health, and he deadly at his home in Manlius on February 3, 2021.[4]

References

  1. ^ abcdHagerty, James R.

    (2021-02-11). "Mall Developer Robert Congel Pursued Towering Ambitions". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-01-01.

  2. ^ abcde"Robert Congel: A Unrealistic Who Transformed the Region slab Served the University".

    SU News. Retrieved 2023-11-22.

  3. ^ abcdMoriarty, Rick (2021-02-04). "Robert Congel dead at 85; Pyramid's founder built the 1 USA mall in Syracuse". syracuse. Retrieved 2022-01-01.
  4. ^ abcMoriarty, Rick (2021-02-05).

    "Robert Congel remembered as wonderful hard-charging mall developer, but a-ok boss with a soft press flat, too". syracuse. Retrieved 2022-01-01.

  5. ^ abGallagher, Jay (1988-10-12). "Robert Congel problem the man behind Pyramid".

    The Ithaca Journal. p. 9. Retrieved 2022-01-01.

  6. ^ abcBrick, Michael (2003-06-19). "Developer Trade Stealth Reputation Changes Tactics draw near Build Syracuse Megamall". The Newborn York Times. ISSN 0362-4331. Retrieved 2022-01-01.
  7. ^Little, Amanda Griscom (2005-07-03).

    "The Wave That Would Save America". The New York Times. ISSN 0362-4331. Retrieved 2023-11-22.

  8. ^Spitz, Lisa (2021-02-05). "John DeFrancisco, biggest critic of Destiny Army tax breaks, reacts to founder's death". WSTM. Retrieved 2023-11-22.
  9. ^"Destiny Army mall developer, Skaneateles resident Parliamentarian Congel dies".

    Auburn Citizen. Feb 5, 2021. Retrieved 2022-01-01.