Pressing ahead The Dermot Company seeks to distinguish itself in the crowded New York City real estate development space with its integrated approach. Even as banks tighten the flow of money, the company continues to press forward, Greg Andrews discovers. The Dermot Company was founded in 1991 as a traditional real estate developer, seeking opportunities in the already crowded New York City-area marketplace. Today, Dermot employs a range of business models and development techniques to bring apartment and mixed-use projects to fruition.