Early Life
Ben Ashkenazy was born in Israel and immigrated to the U.S. at age nine. His father, Izzy Ashkenazy, was also a real estate businessman. At 18, Ben Ashkenazy bought his first property, setting the stage for a successful career in real estate.
Rise to Success
In 1987, Ashkenazy founded Ashkenazy Acquisition Corporation. Under his leadership, the company has grown to oversee a diverse real estate portfolio. Key acquisitions include the Grosvenor House Hotel in London and the Plaza Hotel in New York, among others.
Key Business Strategies
Ashkenazy's strategy involves identifying undervalued properties and revitalizing them. He focuses on high-quality assets and transforming them into thriving commercial spaces. He has a history of lease agreements with major cities for properties like Faneuil Hall Marketplace and Union Station. His efforts have not only contributed to his wealth but have also established him as a significant figure in the real estate market.
Philanthropy
Ben Ashkenazy's philanthropic endeavors include community involvement. He focuses on enhancing local neighborhoods and supporting initiatives that promote growth and well-being.