Drew Spitler
Partner
Dermot Company
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.
Person Activity past 24 months:
Borrower signatory: 2 for $351.1 million
Top Ten Associated Companies:
NYC Housing Development Corporation (1), Walker & Dunlop (1)
Top Ten Associated People:
Katy Landolfi (1)
Recent activity as signatory:
• 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.