The Penney building has been taken over for county office space. In 1976, only 32 percent of the county's retail sales were being generated from the city. Two years later, that figure was down to 19 percent. Today, talk of city service cuts are commonplace. Downtown businesses are closing, turnover is high.
Property values are down and so is the mayor.
Nobody comes here anymore. Pyramid contributed to Glens Falls increasing downtown vacancy rate with many merchants flying to its Aviation Mall. It is not what I would call vital anymore. Pyramid moved in one mile from downtown on a convenient and accessible four-lane highway. The list could go on until it begins to look like Pyramid malls are invincible.