news & press

New Boston Hotel Supply May Decrease Future Occupancy Rates, But Hoteliers Still Satisfied With Overall Performance

Published in Other

The Revolution Hotel, which opened late last year, offers smaller, modern rooms at rates roughly a third the price of nearby hotels in Back Bay. While Percelay expected millennial travelers to drive business, he said cost-conscious families and business travelers have been the hotel’s biggest client base. That keeps him optimistic for his own property’s performance.

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Percelay Announces Completion of $120 million Nantucket Cottage Hospital Capital Campaign at the 2019 Boston Pops on Nantucket concert

Published in Press, Other

Fundraising effort marks the largest of its kind in American history.

NANTUCKET (August 12, 2019) – In front of the thousands gathered at Jetties Beach for the annual Boston Pops on Nantucket concert, Nantucket Cottage Hospital capital campaign chairman Bruce A. Percelay announced the successful completion of the hospital’s $120 million fundraising effort to build the island’s new healthcare facility. It marked the culmination of the largest community hospital fundraising campaign ever conducted in the United States.

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Best Bosses In The Business - The Altruist, Bruce Percelay

Published in Awards, Other

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.

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The new $90m Nantucket Cottage Hospital now open - built by Suffolk

Published in Press, Other

PERCELAYS DONATE $10 MILLION TO PROJECT; DESIGNED BY CANNON

The Nantucket Cottage Hospital (NCH) opened its doors for its new hospital, replacing its former facility built in 1957. The new NCH sets a national standard for small community hospitals with expanded outpatient services and increased capacity for inpatient care and surgery

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SideTracks: William Fichtner, Tony Kushner... and more

Published in Other

The Boston Pops on Nantucket concert hit Jetties Beach this weekend, wowing thousands on the island with the sweet sound of music and a special announcement. At the event, Bruce Percelay of Nantucket Magazine and The Mount Vernon Co. joined Nantucket Cottage Hospital President Dr. Margot Hartmann to celebrate raising $114 million to construct a new hospital building in early 2019.

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The Mount Vernon Company Follows Trend Towards Up-and-Coming Allston Neighborhood

Published in Press, Other

The Mount Vernon Company recently purchased 1200 Soldiers Field Road as its new corporate headquarters. Purchased for $3.8M from Intercontinental Real Estate Corporation, the building consists of approximately 19,000 SF and 38 underground parking spaces. It resides directly on Soldiers Field Road at the intersection of Everett Street. Frank Petz of Jones Lang LaSalle brokered the transaction on behalf of Intercontinental Real Estate Corporation.

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