Ben Ashkenazy

Early Life and Entrepreneurial Beginnings

Born in Israel in 1968, Ben Ashkenazy was raised in Lawrence, Long Island, New York. He grew up in a family deeply entrenched in the real estate industry, with his father, Izzy Ashkenazy, also being a notable figure in the field. From a young age, Ben was exposed to the dynamics of the real estate market, learning valuable insights from his family’s business ventures.

Ben’s entrepreneurial journey began to take shape during his teenage years. After graduating from high school, he embarked on a pivotal decision that would set the course for his future. While exploring potential locations to open a fast-food restaurant, Ben stumbled upon a retail space in the Bronx. Recognizing the untapped potential of the property, he decided to deviate from his original plan and pursue an opportunity in real estate.

At just 18 years old, Ben Ashkenazy secured financing and made his first property acquisition—an emblematic moment that marked the genesis of his illustrious career. This bold move showcased his keen business acumen and foresight, laying the foundation for his future endeavors in the real estate industry.

Founding of Ashkenazy Acquisition Corporation

In 1987, fueled by his entrepreneurial spirit and ambition, Ben Ashkenazy founded Ashkenazy Acquisition Corporation. With a vision to build a diversified portfolio of commercial properties, Ben set out to carve a niche for his company in the competitive real estate market. Under his leadership as CEO, Ashkenazy Acquisition Corporation has flourished into a prominent player in the industry, known for its strategic acquisitions and transformative redevelopment projects.

From its inception, Ashkenazy Acquisition Corporation has been guided by a philosophy of identifying and revitalizing iconic landmarks and historical properties. Ben’s unwavering dedication to preserving cultural heritage while driving innovation has shaped the company’s identity and contributed to its success.

Notable Acquisitions and Global Expansion

Throughout his career, Ben Ashkenazy demonstrated a penchant for acquiring marquee properties with rich historical significance. His portfolio boasts stakes in over 100 buildings across diverse locations, ranging from New York City to international destinations.

Some of Ben’s most notable acquisitions include the Plaza Hotel in New York City, renowned for its timeless elegance and prestigious clientele. Additionally, Ashkenazy Acquisition Corporation holds ownership interests in Barneys New York, a legendary luxury retailer, and the Fred Segal building in Los Angeles, a cultural hub synonymous with California cool.

In pursuit of strategic growth and global expansion, Ben Ashkenazy extended his company’s reach beyond U.S. borders. Ashkenazy Acquisition Corporation made significant investments in international markets, acquiring properties such as London’s Grosvenor House Hotel and establishing a presence in prime locations worldwide.

Philanthropic Endeavors and Community Development

Beyond his accomplishments in the business realm, Ben Ashkenazy is deeply committed to making a positive impact on society through philanthropy and community development initiatives. He recognizes the importance of giving back to the community and actively supports causes that promote social welfare and empowerment.

Ben’s philanthropic endeavors encompass a wide range of initiatives, spanning from educational programs to healthcare initiatives and beyond. He believes in leveraging his resources and influence to effect meaningful change and create opportunities for those in need.