Part-Time
Updated on 8/12/2026
Vertical-integrated multifamily owner and manager
No salary listed
New York, NY, USA
In Person
Must be able to work in all New York City boroughs.
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Dermot owns, operates, and manages rental communities and provides property management services for Dermot properties as well as third-party clients. Its vertically integrated platform handles ownership, acquisitions, leasing, maintenance, and resident services across all managed properties. Dermot stands out by combining ownership with hands-on management under one platform, backed by more than 30 years of multifamily experience and a focus on resident wellbeing and community growth. Its goal is to provide stable, well-maintained homes while creating sustainable value for residents, communities, and investors.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1991
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Flexible Work Hours
401(k) Company Match
Training Programs
Employee Discounts
Dermot lands $355M for Upper West Side Community. The residential tower opened in 2016. The Dermot Co. has secured a $355 million refinancing loan for its Class A, 616-unit multifamily tower at 21 West End Ave., in Manhattan's Upper West Side. Mizuho Americas provided the note through the New York State Homes and Community Renewal agency. Completed by The Dermot Co. in 2016, the 48-story tower is the first building within the Riverside Center master-planned project. The mixed-use development will consist of 2,500 apartments, 210,000 square feet of retail, 150,000 square feet of K-8 school space and a 250-room hotel across five buildings between West 59th and 61st St., upon full build-out. New York City investors and developers are currently tied in a holding pattern, AIA Real Estate CEO Danny Fishman told Multi-Housing News, as recent housing policies under the city's new administration create uncertainty regarding property taxes and rent regulation. This uncertainty comes with its risks, pushing lenders to structure deals more conservatively. The luxury tower at 21 West End Ave. The property features studio, one-, two- and three-bedroom residences, ranging from 412 to 1,185 square feet. Out of the total number of apartments, 127 are reserved as affordable. The 30,000 square feet of amenity space include a fitness center, an indoor pool, resident lounges, children's playroom and indoor and outdoor gathering spaces. SLCE Architects served as the architect for the high-rise. The property is three blocks west from Park Central and two blocks from Julliard and the Lincoln Center for the Performing Arts. Additionally, the residential property is close to New York State Route 9A and the subway stations at Columbus Circle and Lincoln Center. The present transaction quickly follows another refinancing deal secured by The Dermot Co. in March. The company received $283 million for its 35-story, 502-unit residential tower at 101 West End Ave., two blocks north of 21 West End Ave.
The Dermot Company secures $355 million refinancing for class A NYC apartment community. May 14, 2026 The Dermot Company, a vertically integrated multifamily investment manager, owner, and operator, has secured a new 10-year, $355 million loan to refinance 21 West End Avenue, a 48-story, 616-unit apartment community on Manhattan's Upper West Side. The refinancing was executed with Mizuho Americas through New York State Homes and Community Renewal, according to Drew Spitler, Partner and Chief Financial Officer of The Dermot Company. The property will continue to maintain its 127 units of affordable regulated housing. "This refinancing of 21 West End, which was originally developed by Dermot and opened for occupancy in 2016, supports our continued ownership in the community," said Spitler. "With the previous financing coming due next year, we identified this opportunity to proactively refinance into a new 10-year facility that enhances liquidity and aligns with our long-term strategy for the asset." Situated between the Hudson River and West End Avenue between 59th and 61st Streets, Riverside Center was master planned by Christian de Portzamparc with 21 West End being the first building built. SLCE Architects was the architect of record for 21 West End with ICRAVE providing interior design services. The property features approximately 30,000 square feet of activated amenity space, including a fitness center, indoor pool, resident lounges, children's playroom with life-size triceratops, and a range of indoor and outdoor gathering spaces. Certain amenity spaces are currently under renovation as part of the effort to maintain 21 West End as an enduring, luxury apartment community. "This is a standout apartment community that exemplifies Dermot's approach to a lifestyle-driven resident experience in New York City," said Spitler. "Along with our recent $283 million refinancing of nearby 101 West End Avenue, this transaction reflects both the strength of this asset and the Upper West Side submarket." John Gleber, managing director at Mizuho, adds: "Mizuho Americas is proud to partner with Dermot to support the development of 21 West End Avenue, a transformative project that creates considerable value for the community." "As an owner and operator with deep experience in New York City and a concentrated portfolio across Manhattan, Queens and Brooklyn, we remain confident in the long-term fundamentals of these assets and the New York City market," Spitler added. "We'll continue to identify financing transactions like this, which allow us to take a strategic approach to optimizing our capital structures whether it be for our existing portfolio or a new acquisition." About The Dermot Company The Dermot Company, based in New York City, was formed in 1991 as a real estate investment and management company focused on multi-family sector opportunities. The company has evolved into a fully integrated real estate company employing over 100 real estate professionals in investment, finance, management, and construction. Dermot currently manages approximately $5 billion in assets and owns, holds investments in or manages over 7,500 apartments. Learn more at dermotcompany.com.
The Dermot Company announces $2M amenity investment and rebranding at 350-unit multifamily property in Palm Beach County, Florida. February 19, 2026 The Dermot Company, a vertically integrated multifamily investment manager, owner, and operator of high-quality communities, announces the repositioning of a 350-unit multifamily property in the village of Wellington in Palm Beach County, Florida. The firm is investing approximately $2 million in new amenities and community upgrades and rebranding the property as Ryder Place at Wellington. Formerly known as The Quaye at Wellington, the community was acquired by Dermot in September 2024. This strategic repositioning encompasses the creation of wellness-focused amenities and a new leasing office, among other additions and upgrades, according to Drew Spitler, Chief Financial Officer, Principal & Partner at The Dermot Company. "Dermot's acquisition of this community aligned with our broader strategy of investing in high-quality multifamily assets where we can enhance the resident experience and drive long-term value," said Spitler. "The rebranding to Ryder Place, a nod to Wellington's equestrian heritage, along with the addition of new amenities, deliver the quality lifestyle spaces we are known for across our South Florida portfolio of approximately 1,760 units." Spitler added that the firm has successfully executed the strategy in the market in recent years, including at Ryder Place's sister community which Dermot sold in Q4 2025. "After completing a rebranding and repositioning program at The Seabourn in nearby Boynton Beach, where we similarly identified where space and amenities were being underutilized, we were able to create significant value, increasing NOI and selling the asset after 4 years for nearly 30% over our purchase price," Spitler continues. According to Sean Sorise, Director of Asset Management and Capital Projects at Dermot, the new community amenities package at Ryder Place will include a sauna, cold plunge, yoga room, indoor children's playroom, outdoor recreation area, cabanas, and a fire pit. "We've been highly intentional in developing this business plan and determining which upgrades best support what our current and future residents need and desire for their real lives," says Sorise. "Many of the new amenities have been inspired by the increasing value placed on wellness and incorporating it into everyday lifestyles. With Wellington noted as one of the country's Best Places to Live for Families by Fortune, we seek to inspire play and creativity for our youngest residents, as well as foster connection among residents across all ages." Additional improvements include renovations to the existing outdoor playground, incorporating design elements inspired by Wellington's equestrian character, construction of a new leasing office to create a more welcoming arrival experience, and enhancements to the fitness center, dog park, pool area, and landscaping. Residents of Ryder Place at Wellington will also continue to enjoy Dermot Ignite, the firm's resident lifestyle program, which brings the community's amenities to life through curated events, wellness programming, and opportunities to connect. Ignite is designed to enhance the everyday living experience while fostering a strong sense of belonging across the community. Ryder Place at Wellington holds a Gold-level certification from the National Association of Home Builders (NAHB) based on the National Green Building Standard (NGBS), reflecting the property's performance across energy efficiency, indoor environmental quality, and long-term durability. Since acquiring the community, Dermot has also achieved an IREM Certified Sustainable Property (CSP) designation, underscoring its focus on operational practices that support resident comfort, efficiency, and long-term asset care. These designations are consistent with Dermot's broader portfolio approach to integrating sustainability into day-to-day operations in ways that support asset performance, resident wellbeing, and long-term value. The firm is targeting green certifications across 100 percent of its owned portfolio within four years of acquisition by 2027. "Sustainability is integrated into how we operate our buildings," said Spitler. "At the asset level, these certifications reflect decisions that improve building performance, support efficient operations, and create healthy living environments for residents. For our investors, that approach contributes to asset resilience and long-term performance." The community is located at 1090 Quaye Lake Circle, Wellington, FL 33411. About The Dermot Company The Dermot Company, based in New York City, was formed in 1991 as a real estate investment and management company focused on multi-family sector opportunities. The company has evolved into a fully integrated real estate company employing over 100 real estate professionals in investment, finance, management and construction. Dermot currently manages approximately $5 billion in assets and owns, holds investments in or manages over 7,500 apartments. Learn more at dermotcompany.com.
Also recently, The Dermot Co. acquired The Quaye at Wellington in the same area.
The Dermot Co. acquires luxury multifamily community The Quaye at Wellington near palm beach.