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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A Hip Hotel in Boston's South End That Won't Break the Bank

Published in Press

With the opening of Revolution Hotel, young-at-heart travelers no longer have to pay an arm and a leg to wake up among the English-style squares and Victorian brownstones of Boston’s charming South End neighborhood. The hip, millennial-friendly boutique is one of the most affordable in the city and feels like a steal given its modern-day trimmings, which include a very welcoming, art-filled lobby and an industrial-chic co-working space that doubles as a bar and backdrop for cultural programming.

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The Mount Vernon Company completes 132 Unit LEED

Published in Development, Press

The Mount Vernon Company has completed construction of the Radius Apartments, a 132 unit multifamily community located at 530 Western Avenue in Brighton, MA. The building will earn green building certification through LEED Multifamily Midrise v2010. LEED is a comprehensive certification program that takes a holistic view of building sustainability, including low impact site and landscaping; water efficiency; energy efficiency; low-impact and healthy materials; and high indoor air quality.

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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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