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The Dermot Company ico

The Dermot Company
- 729 7th Ave, New York, NY 10019

Real estate agency ★3.0

729 7th Ave, New York, NY 10019, USA

3.0
I was very disappointed with this company. They pressured us to move in immediately (or we would lose our apartment) even though we clearly told them we would be out of the country on a business trip during that time. They just wanted to start charging rent before we could even get into the unit. We asked for a simple two-week extension because of our travel schedule, and they didn’t care at all. Katherine, their staff member, was rude and pushy the entire time. She said she was repeating what her supervisors told her, but we honestly believe it was just her being nasty. She unloaded her personal frustration on tenants, and it showed. Her supervisors need to investigate how she communicates with clients because this is not professional. We lived at 20 Exchange for 13 years, never missed a single rent payment, and yet we were treated like we meant nothing. Almost all the longtime tenants have moved out since this management company took over the 20 Exchange building recently. Now we’re also applying to other buildings in the same neighborhood. This was an awful experience. - Ngoc Cindy Pham
The Dermot Company Overview Intro Services Detail Photos Location Reviews

The Dermot Company Introduce

In the dynamic and often challenging landscape of New York City real estate, finding a company with a proven track record and a comprehensive service model is essential. The Dermot Company stands out as a prominent real estate firm that operates on a vertically integrated platform, handling everything from ground-up development and investment to daily property management. Since its founding in 1991, the firm has established a strong reputation for its expertise in the multifamily sector, with a portfolio of properties across New York and other key regions. For local users, The Dermot Company is more than just a real estate agency; it's a developer, an investor, and a manager committed to creating communities "built for living."

This article will provide a clear, engaging, and factual overview of The Dermot Company, designed to help New Yorkers learn more about their services and what makes them a significant player in the city's real estate market. We will explore their strategic Midtown location, their wide range of services, and the key features that define their business approach, including their focus on community, sustainability, and thoughtful design. The information presented is based on public data and aims to give prospective clients and residents a balanced and informed perspective. While a company's relationship with its tenants can be complex, understanding their operational model is the first step in making an educated decision.

The Dermot Company's business model is built on an end-to-end approach. They not only acquire and develop properties but also manage them in-house, which allows for a consistent and quality-controlled experience for residents and investors. This integrated platform is a major advantage in the competitive New York market, as it ensures that the firm has a direct hand in every aspect of a property's life, from construction and design to daily operations and maintenance. This hands-on approach is meant to ensure that the vision for each property, which often includes a focus on modern amenities and a strong sense of community, is fully realized.

Their portfolio includes a variety of multi-family properties across Manhattan, Brooklyn, and Queens. The company’s philosophy, as evidenced by public information, is to create environments that foster connection and enhance residents' lives. They invest in technology to improve efficiency and resident services, and they prioritize sustainable practices in their developments and renovations. This forward-thinking strategy aligns with the values of many modern New Yorkers who seek not just a place to live, but a community that is well-managed, environmentally conscious, and thoughtfully designed.

In the following sections, we will break down the specifics of The Dermot Company's presence in New York, detailing their office location, the services they offer, and the standout highlights of their business.

The Dermot Company's New York office is centrally located at 729 7th Ave, New York, NY 10019, USA. This address places the firm in the heart of Midtown Manhattan, a bustling and highly accessible area. The office is situated near the intersection of 7th Avenue and W 49th Street, providing easy access to a multitude of public transportation options. This includes numerous subway lines, such as the N, Q, R, and W trains at 49th Street, as well as the 1, 2, 3, A, C, and E lines a short walk away. The proximity to Times Square, the Theater District, and major transportation hubs like the Port Authority Bus Terminal makes it a convenient location for clients and business partners.

The building itself is a modern, professional space, and the provided information notes that it has a wheelchair-accessible entrance, ensuring that their services are accessible to a wide range of individuals. The strategic location not only offers convenience but also positions The Dermot Company at the epicenter of New York's commercial and real estate activity, which is crucial for a firm specializing in investment and development.

The Dermot Company offers a comprehensive suite of services that reflects its vertically integrated business model. Their expertise covers the entire lifecycle of a real estate asset, from initial development to long-term management.

  • Construction & Development: They are experts in ground-up development, adaptive reuse, and major renovations. They oversee projects from the design phase to completion, ensuring the final product meets high standards of quality and functionality.

  • Construction and Development Management: The firm provides professional management for construction and development projects, focusing on delivering thoughtful renovations and new builds efficiently and with an eye for maximizing return on investment.

  • Investment Management: The Dermot Company specializes in real estate investment, focusing on opportunities in the multi-family sector. Their strategy involves in-depth research, due diligence, and a "value-add" approach to enhance a property's worth for investors.

  • Property Management & Property Management Services: They provide top-tier property management for their own portfolio and also offer third-party management services. Their philosophy is centered on an "owner's mindset," prioritizing resident satisfaction and efficient operations to ensure long-term property value.

  • Real Estate Investment: They are a real estate investment firm with a focus on creating strong risk-adjusted returns for their partners and investors. They evaluate a variety of opportunities, from new development to acquisitions, to build a resilient and valuable portfolio.

The Dermot Company is known for several key features that set it apart in the New York real estate market.

  • Vertically Integrated Model: The ability to handle every aspect of a property's lifecycle—from initial investment to daily management—is a significant advantage that provides consistency and quality control.

  • Community and Resident Focus: The company emphasizes creating a strong sense of community within its buildings through thoughtful design and resident engagement programs. Public reviews often praise the staff, highlighting a positive daily experience for tenants.

  • Sustainability and Innovation: They are committed to sustainable practices and are investing in technology to enhance their operations and the resident experience. This includes implementing energy-efficient solutions and leveraging new technology to streamline services.

  • Strategic Location: The central Midtown office location provides excellent accessibility and a strong presence in one of the most important real estate markets in the world.

To learn more about The Dermot Company or to inquire about their services, you can use the following information.

Address: 729 7th Ave, New York, NY 10019, USA

Phone: (212) 262-1220

What is worth choosing The Dermot Company? For prospective tenants, residents, and investors in New York, the decision to work with a real estate firm is a personal and important one. The Dermot Company is a compelling choice for its unique and comprehensive approach. Their vertically integrated model ensures a high level of control and quality throughout the entire life of a property, from a development standpoint all the way to a resident’s day-to-day living experience. Their focus on building and fostering communities, rather than just managing properties, is a key selling point for those seeking a more connected living environment. The positive feedback from some residents and visitors, which highlights the professionalism and helpfulness of the staff, underscores this commitment to service. While some reviews may reflect specific negative experiences, this is often a reality of property management in a large, competitive market. On the whole, the public data points to a firm that is serious about its craft, from sophisticated investment strategies and sustainable development to the quality of daily life for its residents. For anyone looking for a well-managed, thoughtfully designed property with a strong sense of community, The Dermot Company presents itself as a premier option.

The Dermot Company Services

  • Real Estate Agency

  • Construction & Development
  • Construction And Development Management
  • Investment Management
  • Property Management
  • Property Management Services
  • Real Estate Investment

The Dermot Company Details

  • Accessibility

  • Wheelchair accessible entrance

The Dermot Company Photos

The Dermot Company Picture 1

The Dermot Company Location

The Dermot Company

729 7th Ave, New York, NY 10019, USA

The Dermot Company Reviews

An average rating of ★3.8 from 48 user reviews.

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