Boston Business Journal

Faneuil Hall vendors say they're excited at news of landlord change

Faneuil Hall Marketplace is one of Boston’s best-known tourist destinations with a location right off the Freedom Trail. But vendors have complained of a lack of property maintenance.

Faneuil Hall Marketplace vendors reacted on Tuesday with excitement at the news that a new property operator will soon take over the tourist hotspot.

Ashkenazy Acquisition Corp. has managed the property since 2011 under a long-term ground lease from the city, but the company said this week that Faneuil Hall Marketplace will be taken over by a real estate division of the New York financial services and investment holdings firm J. Safra Group.

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“We’re all feeling great about it. It’s something new,” said Mary Jenal, the owner of the vendor cart Sock it to Me, and a presence at Faneuil since 1979, just three years after the site was redeveloped for retail use.

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