The head of the BPDA said the city had been pressuring the operator of the Faneiul Hall Marketplace to invest money in the historic landmark or face legal consequences before the asset’s sale was announced.
Ashkenazy Acquisition Corp., the retail real estate investor that’s operated Faneuil Hall Marketplace in downtown Boston since 2011 and clashed with city officials about repairs and tenant selection at the city-owned property, is selling.
Ashkenazy Acquisition Corp. says it has submitted a payment bringing it up-to-date on its financial obligations to the city of Boston, a week after an official announced steps to replace it as operator of Faneuil Hall Marketplace.
Boston officials are raising the stakes in their dispute with the operator of Faneuil Hall Marketplace with a threat to terminate the ground lease on the city-owned property.
Faneuil Hall Marketplace, one of Boston’s most popular tourist destinations, reopened to the public Wednesday with a pair of special performances by the facility’s favorite street musicians.
Demands by the owner of Boston’s Faneuil Hall Marketplace for payment of back rent from tenants who endured a three-month COVID-19 shutdown prompted a city official to raise the prospect of a potential change of ownership and management.
New York-based Ashkenazy Acquisition Corp. has added to its Boston portfolio with the purchase of the 383-room Fairmont Copley Plaza hotel.
The operator of Faneuil Hall Marketplace, Ashkenazy Acquisition Corp. of New York, has acquired the 98-year lease for the office and retail space at Boston’s South Station.
Eight startups that participate in the MassChallenge accelerator will ply their wares from Faneuil Hall Marketplace pushcarts this summer in a new partnership with Ashkenazi Acquisition Corp., operator of the 41-year-old retail property.
Cosmetics retailer Sephora has opened a 5,670-square-foot store at the site of a former flower shop at Boston’s Faneuil Hall Marketplace.
