news & press

The new Nantucket Cottage Hospital was debt-free and financed entirely through private donations—not a penny of taxpayer dollars was used. It was an achievement unprecedented on Nantucket Island. Among the many donors, small and large, one couple stands out as having led the charge: Bruce and Elisabeth Percelay.

Developers hedged their bets in the Boston mayoral race

Bruce Percelay, chairman of the Mount Vernon Company, a real estate firm that gave Wu $15,000, described the contribution as “an expression that we want to work together and we support her.”

The Revolution Hotel redefines the boundaries of where urbanites meet, stay, eat, work and socialize. This adaptive reuse project met the challenge of converting a historic YWCA dormitory into a modern boutique hotel that also hosts a restaurant, café, community co-working space and street level, walk-up coffee window.

Once upon a time, there was a shining city on a hill, so cherished by real estate developers that it became the hottest housing market in the land.

The Mount Vernon Company and Beacon Communities have acquired 140 Clarendon St. for $51.25 million. They have also broken ground on the redevelopment of the YW Boston headquarters located at 140 Clarendon St. in the city’s Back Bay.

The redevelopment of the historic YWCA building will create 210 units of affordable housing in the Back Bay including dedicated units for formerly homeless individuals

$100 million-plus project will create 210 units of low-income housing, many for the formerly homeless.

Cambridge-based PCA has completed Arthaus, an art-focused residential development in the heart of Boston’s Allston neighborhood. According to PCA principal Dave Snell, Arthaus was fully leased prior to completion.