Blank Aschkenasy Properties, (known until 2003 as Jeffrey Blank & Associates), has been in the real estate development, investment and management business in the Philadelphia area since 1972. The firm was founded and run by Jeffrey Blank, who ran it with a strong, cohesive vision until his passing in 2004. Paul Aschkenasy, President of the firm since 2001, joined Blank in 2000 to run the operations after 12 years in real estate consulting and brokerage in New York City. Since joining the firm, Paul has worked to maximize the value of its existing portfolio with several redevelopments, and further enhanced its asset base with three significant acquisitions and two new developments. Prior to joining Blank, he represented clients in over 5.0 million square feet of leasing, sales and structured ownership transactions nationwide, totaling over $2.0 billion in aggregate value.