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Mall Owner Secures Restructured Loan for Poughkeepsie Galleria

Pyramid Management, Lender Agree To Extend Loan Backing the Largest Shopping Center in New York's Dutchess County

Aerial image of the Poughkeepsie Galleria, at 1,077,036 square feet, the enclosed mall is the largest shopping center in Dutchess County, New York. (CoStar)
Aerial image of the Poughkeepsie Galleria, at 1,077,036 square feet, the enclosed mall is the largest shopping center in Dutchess County, New York. (CoStar)

Despite the significant financial challenges facing older malls, Pyramid Management Group announced it successfully negotiated with its lenders to restructure and extend the loan on the Poughkeepsie Galleria, the largest shopping center in Dutchess County, New York.

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