
COURTESY PAUL POST
By Paul Post
Eighteen-year Aviation Mall employee Shannon Stafford has been promoted to manager of the Queensbury shopping center, which was purchased at auction recently for $21 million.
She succeeds James Griffith, who left shortly after the acquisition to pursue opportunities in real estate.
Stafford began her career at the mall as a customer service representative in October 2007 and worked her way up through a series of roles, including administrative assistant, operations coordinator and operations manager, before assuming her new position.
The 50-year-old mall was purchased Sept. 10 by Eric Jacobov, principal of the Manhattan-based investment firm Concord Capital New York. Previously owned by Syracuse-based Pyramid Companies, the property went into receivership in July 2024 and was managed for the following year by The Woodmont Company of Fort Worth, Texas, on behalf of Deutsche Bank and M&T Bank.
The auction, held at the Warren County Municipal Center, concluded the judicial foreclosure process. Jacobov outbid the only other party present, a group of investors led by Michael Vopelak, which dropped out after offering $19 million.








