Boston Hoping New Management Can Revive Faneuil Hall And Quincy Market

By Mike Sullivan, CBS Boston

January 31, 2024

BOSTON - City officials are praising a move they believe will reinvigorate Faneuil Hall Marketplace. After 13 years, the iconic destination is getting a new landlord.

Ashkenazy Acquisition Corporation took over the area in 2011. Now, J. Safra Real Estate is taking the reins. The company owns hundreds of billions of dollars in assets including key properties in New York and London. The two companies are familiar with each other and have been strategic partners in the past. In a statement from J. Safra, Ashkenazy had the following to say.

"It has been our honor and privilege to have served Faneuil Hall Marketplace, the City of Boston, and the millions of visitors who have enjoyed their experiences at this historic asset," said Joe Press, Chief Operating Officer at Ashkenazy Acquisition Corporation.

Faneuil Hall Marketplace in Boston/CBS Boston

Click here for the full story via CBS Boston

CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.