Dermot Company
People:
Dermot Company NYC portfolio
$2.1 billion -condo 56%, elevator 43%; Manhattan 69%, Brooklyn 26%, Queens 4%*
127th largest portfolio by dollar value
3,908,156 sqft – condo 57%, elevator 42%; Manhattan 65%, Brooklyn 25%, Queens 8%
116th largest by SF
14 properties – Manhattan 52%, Brooklyn 36%, Queens 12%
773th largest
3,727 residential units – Manhattan 64%, Brooklyn 26%, Queens 9%
82th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $370 million
Seller company: 1 for $112.2 million
Borrower company: 3 for $481.1 million
Top Ten Associated Companies:
Helaba (2), Lower Eastside Girls Club Of New York (1), NYC Housing Development Corporation (1), NYS Housing Finance Agency (1), Mizuho Capital Markets (1), Atlas Capital Group (1), Azora Exan (1), Walker & Dunlop (1), Forethought Life Insurance Company (1), Capital One (1)
Top Ten Associated People:
Russell Hubley (1), Jeffrey A. Goldberger (1), Andrew B. Cohen (1), Katy Landolfi (1), Celine Comeau (1), Prithvi Mohan (1), Benjamin H. Kepley (1), Gregory Fantauzzi (1)
Recent activity as company:
• Dermot Company borrowed $67.5 million from NYC Housing Development Corporation for 153-30 89th Avenue, 153-30 89th Avenue, and 153-30 89th Avenue, Jamaica, Queens on July 01, 2026.
• Dermot Company borrowed $283.6 million from Walker & Dunlop for 101 West End Avenue on March 12, 2026.
• Dermot Company and Rockwood Capital sold 250 East Houston Street and 250 East Houston Street, None, Manhattan for $112.2 million to Atlas Capital Group on January 15, 2026.
• Dermot Company borrowed $130 million from NYS Housing Finance Agency and Mizuho Capital Markets for 29 Flatbush Avenue, 29 Flatbush Avenue, 29 Flatbush Avenue, and 29 Flatbush Avenue, None, Brooklyn on December 06, 2024.
• DTH Capital, Eastbridge Group and AG Real Estate sold 20 Exchange Place, 20 Exchange Place, and 20 Exchange Place, Financial District, Manhattan for $370 million to Dermot Company on July 31, 2024.
• Dermot Company borrowed $263 million from Forethought Life Insurance Company for 101 West End Avenue on August 01, 2023.
• RAL Development Services and China Vanke ground leased 13 Bridge Park Drive valued at $90 million to Dermot Company and Goldman Sachs on January 25, 2023.
• Azora Exan sold 101 3 Avenue for $45.5 million to Dermot Company on October 19, 2022.
• Dermot Company borrowed $35 million from Azora Exan for 101 3 Avenue on October 19, 2022.
• Dermot Company borrowed $57.6 million from PNC Bank for 250 East Houston Street and 250 East Houston Street, None, Manhattan on August 04, 2022.
Latest Stories:
• Dermot Company pays $370M to DTH Capital for FiDi rental (August 20, 2024)
• Dermot Company pays $45.5M to Azora Exan for 84-unit rental in Boerum Hill (October 21, 2022)
• Dermot signs $116.5M loan with Helaba for 147-unit rental in Lenox Hill (July 25, 2022)
• Dermot pays $142.3M to BentallGreenOak for 271-unit rental in Boerum Hill (June 23, 2022)
Court Records:
Properties:
