

Palermo initially denied rumors in 2008 that she would be a part of The City, a spin-off the MTV's cultural phenomenon "The Hills" but was later confirmed as a cast member. She agreed to star in the series to familiarize herself with acting. She was signed to Wilhelmina Models in 2009 and also launched a jewelry line with Roberta Freymann in 2010. In February 2010 Olivia became a spokesmodel for Matches Fashion's Freda label ahead of London Fashion Week. On November 19, she told ELLE.com that she is working on her own reality show. She said, "I'm currently working on a TV project, my own show". The show will follow her launching her own fashion line.
The daughter of real estate developer of Italian descent Douglas Palermo and interior designer Lynn Hutchings, Palermo grew up between the Upper East Side, New York and Greenwich, Connecticut where she attended Nightingale-Bamford School then finally St. Luke's School, where she was on the field hockey team. She attended the American University of Paris for a year and studied media at The New School in New York.

Palermo is a member of the Friends Committee of New Yorkers For Children and on the committee of Operation Smile. She has been dating model Johannes Huebl since 2008.

The daughter of real estate developer of Italian descent Douglas Palermo and interior designer Lynn Hutchings, Palermo grew up between the Upper East Side, New York and Greenwich, Connecticut where she attended Nightingale-Bamford School then finally St. Luke's School, where she was on the field hockey team. She attended the American University of Paris for a year and studied media at The New School in New York.

Palermo is a member of the Friends Committee of New Yorkers For Children and on the committee of Operation Smile. She has been dating model Johannes Huebl since 2008.