News & Updates

BRA to Deny General Growth's Request for a Transfer of the Faneuil Hall Marketplace Lease

Jun 11, 2011

Today, the Boston Redevelopment Authority informed General Growth Properties that it plans to deny GGP’s request for a transfer of the Faneuil Hall Marketplace lease to Ashkenazy Acquisition Corporation, citing: • Multiple requests for key information on capital investment plans and other legal documents required to perform due diligence • Refusal of GGP to allow Ashkenazy to meet with Faneuil Hall Marketplace Merchants Association's Executive Committee. Read the BRA's letters to GGP here.

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