Mount Vernon Co. has just paid fellow homegrown developer Clifford Long $6.8 million for a chic 12-unit South End Inn, as usual the deal done with a broader scheme in mind. Chandler Studios complements a 210-unit hotel at 40 Berkeley St. MVC founder Bruce A. Percelay purchased in April 2014 for $17.2 million.
news & press
Boston too used to its winning ways
Published February 07, 2018 in PressChairman Bruce Percelay on what it means for Boston to experience a loss.
Apartments, condos proposed for New Boston Landing area
Published January 15, 2018 in Development, PressBoston real estate investment firm and landlord Mount Vernon Co. is seeking city permitting for a five-story, 74-unit apartment building in Boston’s Allston-Brighton neighborhood and a separate four-story building with nine condos across the street.
Allston project would add 74 apartments, nine condos near Boston Landing
Published January 12, 2018The Mount Vernon Company files plans for a 74 units in Allston.
The rent is still too high! But there's some good news
Published January 09, 2018 in PressThe opening of new apartment buildings in the region has helped to blunt the surge in rents, according to two new reports, the latest sign that the wave of development is starting to have an effect on housing costs.
Housing, Height And Density A Necessity For Boston To Land More Companies
Published December 22, 2017 in Development, PressIn the face of a new year, Boston’s development community says more housing is a necessity if the city expects to continue courting corporations and the office expansions they provide.
Repositioning 25 Webster Avenue
Published December 20, 2017 in OtherA look back at one of our biggest transformations of 2017.
Boston Is Booming, But Is HQ2 Going Overboard?
Published December 13, 2017 in Development, PressAs Boston loiters in the HQ2 purgatory awaiting Amazon’s short list, two of its biggest names in CRE think the city is on solid footing. But that does not mean Beantown is invincible.