news & press

Bruce Percelay’s development firm Mount Vernon Co. was an early arrival to Allston’s multifamily boom, and it continues to build apartment and condo projects on Boston’s western frontier.

"In this episode we are delighted to be joined by Bruce Percelay, founder and Chairman of the The Mount Vernon Company...This was one of our favorite episodes and truly one you don’t want to miss!"

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.

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.

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.

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

The Hamptons have been the summer symbol of East Coast uber-wealth for decades, but claims of overexposure and rampant social climbing are making an island 100 miles away the new favored playground of the richest 1%.

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.