Suzannah Cavanaugh
Co-Host at Deconstruct (Podcast)
Senior Reporter at The Real Deal
Senior reporter for @trdny. Co-host of Deconstruct podcast. Previously @business. @newmarkjschool Class of 2020. [email protected]
Articles
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1 week ago |
finance.yahoo.com | Suzannah Cavanaugh
The heads of the country’s largest apartment REITs are finally giving their two cents on how tariffs, trade wars and economic tumult might affect business. An outlook during earnings season should be par for the course. But the industry has basically been mum since “Liberation Day,” making straight talk on earnings calls held by Equity Residential, AvalonBay Communities and Camden Property Trust a much-needed novelty.
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1 week ago |
finance.yahoo.com | Suzannah Cavanaugh
Unlock stock picks and a broker-level newsfeed that powers Wall Street. Suzannah Cavanaugh Fri, May 2, 2025, 1:45 PM 3 min read In This Article: Arbor Realty Trust axed its dividend by 30 percent after reporting a plunge in first-quarter profits and projecting the distress hurting earnings was far from over. The REIT posted diluted earnings of 16 cents per common share, down nearly 50 percent from a year ago.
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1 week ago |
therealdeal.com | Suzannah Cavanaugh
John Santora doesn’t really change. He’s been a Staten Islander for close to 70 years, married for 46, had the same home for 37. His mustache, before a pandemic shaving mishap, was in its third decade. (It’s since regrown.) He worked for the same firm for nearly half a century, starting as a buildings engineer and ending up an executive many times over. But last summer, Santora did change — big time.
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1 week ago |
therealdeal.com | Suzannah Cavanaugh |Matthew Elo |Joseph Jungermann
Tariffs have dominated the headlines and terrified Wall Street, but the city’s biggest general contractors insist they’re not feeling the pain. “I haven’t paid a tariff yet,” boasted Bernard Ruf, president of Broadway Builders, which ranked 12th in TRD’s annual count of the city’s top construction firms. It has 1.5 million square feet under development. “Right now, it’s still just a discussion,” echoed Eli Weiss of Joy Construction, which took 10th place with over 1.8 million square feet.
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2 weeks ago |
therealdeal.com | Suzannah Cavanaugh
Landlords saw the gut punch coming; it didn’t lessen the blow. The Rent Guidelines Board in a preliminary vote Wednesday night approved a 1.75 percent to 4.75 percent rent increase for one-year leases in rent-stabilized apartments and a 4.75 percent to 7.75 percent hike for two-year leases. Members also voted to freeze rents on stabilized hotels. The board’s own data had called for a 6.3 percent hike so owners could keep pace with rising expenses.
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