Monday, June 11, 2012

New Restaurants may Be Coming to Boston's Faneuil Hall

A struggling marketplace in downtown Boston whose lease was bought by a New York-based real estate firm late last year may have some new restaurants on the way, as part of an improvement plan.

The Boston Globe is reporting that Ashkenazy Acquisition Corp. is looking to bring some dining spots to the second floor of the Quincy Market section of Faneuil Hall, along with small food stores that would open on the first floor where the food court is. The group is also thinking about opening a hotel within the marketplace as well, according to the article.

Faneuil Hall has come upon hard times of late, with much of the second floor of Quincy Market being empty and vacant spaces found on the first floor as well (including where Todd English's Kingfish Hall restaurant used to be). The former lease holders--General Growth Properties Inc.--faced a possible bankruptcy threat for the marketplace back in 2008. (The City of Boston actually owns the property.)