Real Estate Forum
June 2019
Bruce Percelay is chairman and founder of the Mount Vernon Co., a real estate investment firm considered among the leading apartment landlords in Massachusetts. The company has grown over the past 30 years to include approximately 1,600 apartments, five hotels, as well as select commercial and vacation properties.
In that time, the company has demonstrated a dedication to service and attention to its properties that has enabled them to win virtually every award available in the real estate industry. From historic Back Bay and Beacon Hill brownstones and renovated apartments in Allston-Brighton, to cutting edge environmentally-advanced new communities, MVC takes pride in every aspect of its business.
Much of that achievement is due to Percelay. “He expects a lot, which helps employees to stretch and grow,” said one colleague. “He leads by example that you ‘suit up and show up’ no matter what.”
Percelay single handedly created the Allston Green District, an eleven-building assemblage which was the largest new construction project in Allston in over half a century. The three newly-constructed buildings in the Green District have set a new standard for environmentally-sensitive living and have won more than nine awards for their forward-thinking sustainable design. The development has been credited with revitalizing the entire neighborhood and has helped launch Allston’s apartment building renaissance.
Extremely active in support of the communities in which he lives, Percelay was the driving force behind the construction of Nantucket’s new whaling museum, the most significant new building on the island in the last 100 years and is chairman of the $120 million capital campaign for the new Nantucket hospital. He is also a council board member of Massachusetts General Hospital and was the chairman of the Massachusetts chapter of the Make-A-Wish Foundation, helping it to become the most successful in the country, and chairman of Habitat For Humanity in Boston where he launched the largest urban project ever built in America during his tenure.
