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Destiny USA gets extension on mortgage

Destiny USA gets extension on mortgage

Syracuse, N.Y. — Pyramid Management Group and Wells Fargo Bank have reached an agreement to extend the maturity date of the Syracuse shopping mall’s mortgage. The agreement, announced Monday by Pyramid CEO Steve Congel, comes three days before $430 million in mortgage loans on the big regional retail center were ...

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How I. M. Pei Shaped a Change-Resistant Paris

How I. M. Pei Shaped a Change-Resistant Paris

PARIS—Here in France, I. M. Pei, who died this week, is best known for one thing: The glass pyramid in the courtyard of the Louvre Museum. When it opened in 1989, two centuries after the French Revolution, it was seen as a revolution of its own—and not necessarily a welcome ...

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‘Our romantic night with Mona Lisa in Paris’

'Our romantic night with Mona Lisa in Paris'

Art student Daniela Molinari and her boyfriend Adam Watson enjoyed a very special night at the museum, at the famous Louvre in Paris. The Italian-Canadian, who is studying art conservation at the Uniersity of Newcastle, was chosen from over 180,000 entrants in a competition, launched by the Louvre in Paris and the home-sharing ...

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Destiny USA bonds downgraded, could be headed to junk status

Destiny USA bonds downgraded, could be headed to junk status

Syracuse, N.Y. — Destiny USA’s mortgage troubles have prompted a major credit rating service to raise the possibility of downgrading $297 million in bonds on the Syracuse shopping mall to junk status. Moody’s Investors Service on Monday downgraded the bonds to Baa3 from Baa1 and placed them on review for ...

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