Justin Farenga
Director Of Construction And Construction Project Executive
Dermot Company
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Dermot Company NYC portfolio
$2.9 billion* – condo 64%, elevator 35%; Manhattan 70%, Brooklyn 25%
55th largest portfolio by dollar value
4,496,090 sqft – condo 57%, elevator 42%;
61th largest by SF
31 properties – Manhattan 51%, Brooklyn 38%
301th largest
4,450 residential units – Manhattan 63%, Brooklyn 28%
35th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Developer (new building or major alteration): 10 for 5,000 square feet
*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.