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Wall Street high-rise swaps trading desks for lofty living

PERE dives into the history of The Dermot Company’s 20 Exchange property in Manhattan’s Financial District. Once the headquarters of the City Bank Farmers Trust Company, the building was converted to luxury residences. Dermot is continuing to modernize and upgrade the community with the planned additions of private and shared workspaces, a screening room, social lounges and even a sports simulator.

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August 2025

Dermot Elevates Multifamily Living Through Community and Efficiency

The Dermot Company’s Alissa Hazan, director of portfolio operations and general counsel, was recently featured in Multifamily Executive. She shared how Dermot is elevating the resident experience, embracing innovation, and driving long-term value across its growing portfolio of more than $5 billion in assets under management and a portfolio spanning over 7,800 apartments on the Eastern Seaboard.
June 2025

Top Workplaces 2025 – Honoring 52 of the best workplaces in New York

If you want to really know what’s happening at work, ask the people on the front lines. That’s the foundation of the Top Workplaces award. For the fifth year, employee survey company Energage has partnered with Schneps Media to honor the best places to work in New York City. This award can’t be bought; it has to be earned, based on employee feedback. Winners are chosen through a scientific survey process. Positive employee feedback equals recognition. Workplaces that don’t have strong feedback are excluded from the winners list.
May 2025

The Importance of Actively Managing Real Estate Assets

"Active management is crucial for creating value at both the asset level and the portfolio level" -Andrew Levison
April 2025

AI and Affordable Tech Are Transforming Multifamily Efficiency

Saving money on energy is more important than ever in uncertain economic times. As every day seems to bring surprising headlines, apartment owners, developers, and managers are investing in technologies that make their buildings more resilient and more efficient.
February 2025

Responsible Investing: Prioritizing Returns While Advancing Sustainability

True "responsible investing" must prioritize the optimization of returns. And optimizing returns can often produce tangential benefits such as reducing greenhouse gas emissions and enhancing sustainability and resilience.
January 2025

The Dermot Company and BGO complete construction of a $1.7 million solar panel system to power 50% of the property’s common areas

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