news & press

Viewpoint: ​Patriots victory mirrors the larger winning culture in Boston

Published in Press, Other

The New England Patriots Super Bowl victory, while miraculous itself, has meaning that goes far deeper than the greatness of this team. The victory speaks to the very heart of a local culture that is producing a record number of triumphs well beyond the playing field — into the fields of business, medical, life science, biotechnology and innovation. While the connection between the Patriots' success and the success of Boston as a whole may seem tenuous, it is actually quite direct.

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Mount Vernon Company Acquires Union Square Apartments

Published in Press

Boston-based Mount Vernon Co. has acquired Webster Court, a 30-unit apartment building in Somerville’s Union Square, for $12.1 million from Danvers Land Assoc.

Built in 1988, Webster Court is located at 25 Webster Ave. and consists of 30 market-rate units in a single 5-story, elevatored building over a deck of parking. The property has 40 off-street parking spaces.

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An Inspired Gift

Published in Press

Percelay Family Donates $10 Million to Complete Campus

For Bruce and Elisabeth Percelay, Nantucket Cottage Hospital is more than just the only medical center on the island, it’s where their children, William and Charlie, were born. The hospital is the safety net for their family and for the community they love. 

That relationship and the Percelays’ passion to make a difference on Nantucket were manifested over the summer in the largest family gift in the history of the island: a $10 million contribution to Nantucket Cottage Hospital’s capital campaign.

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Bruce and Elisabeth Percelay – How to Make a Dent in the World

Published in Press

He is the chairman and founder of The Mount Vernon Company who successfully parlayed his career in marketing and advertising, working on brands like Parker Brothers, Converse, and Sunkist Orange Soda (said to be the most successful new soft drink launch in the history of the industry), into real estate, building an apartment portfolio to the tune of $500 million with more than 1400 apartments.

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Hospital project gets $10M boost

Published in Press

NANTUCKET — A $10 million donation from the family of a Boston-based businessman has brought the Nantucket Cottage Hospital one giant leap closer to meeting its fundraising goal for the construction of a new facility.

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