WX – Providing Mentoring for New York Women in Real Estate

WX New York Women Executives in Real Estate Image: wxnyre.org

WX New York Women Executives in Real Estate
Image: wxnyre.org

As managing director of Ruben Companies, Susanne Lieu provides asset management services to a New York based company that owns and operates apartments and commercial office buildings across the East Coast. Susanne Lieu is active in her professional community and participates in the invitation-only association WX New York Women Executives in Real Estate.

One of the core focuses of WX, beyond professional networking, is a mentoring program that pairs young women with leaders in diverse areas of the real estate sphere. The program is open to all recipients of scholarships administered through the WX Charitable Fund, Ltd.

The mentoring initiative was launched in 2014 through a cooking class that provided mentee-mentor pairs with an informal setting for team-building. This was followed by a panel that explored a host of real estate industry issues, such as negotiating job offers and employment contract terms. Another topic centered on appropriate compensation for women maintaining flexible and part-time schedules, as well those returning to the workforce following an extended absence for raising children.

As the WX mentoring program progressed, participants took part in activities that helped them build a professional image and proactively engage in personal branding. The last event of that year’s program brought participants together for an afternoon out at the driving range at Chelsea Piers Golf Club.


WX New York Women Executives in Real Estate

WX New York Women Executives in Real Estate  Image: wxnyre.org

WX New York Women Executives in Real Estate
Image: wxnyre.org

Susanne Lieu is the managing director of the Ruben Companies in New York, New York. She handles various real estate matters for the firm and its affiliated companies. Susanne Lieu is also a member of WX New York Women Executives in Real Estate.

WX New York Women Executives in Real Estate supports women in the commercial real estate business. It promotes their advancement within the industry and works to improve public perception of these women.

Membership in the exclusive group is by invitation only. It is comprised of real estate owners, developers, engineers, architects, and financiers. All of these professionals are senior-level executives in their specific field.

WX is committed to furthering the professional development of the young women who will become tomorrow’s leaders in real estate. The organization’s mentoring program allows current executives to support emerging professionals. The WX scholarship program helps students pursue their education in real estate. Scholarships are available for women in both graduate and undergraduate programs.

A Basic Introduction to Playing Skins

Playing Skins pic

Playing Skins
Image: golf.about.com

Susanne Lieu has served as managing director with Ruben Companies in New York City for more than 15 years. Away from work, Susanne Lieu likes to stay active by playing golf.

Individuals can enhance their experience on the golf course by engaging in one of the many popular course games, such as skins. There are a number of variations on this game, though the basic concept remains the same. Skins emulates a match-play format that is best contested by at least three players. The objective of the game is to achieve the lowest score on each hole to win the corresponding point, or skin, and to ultimately accumulate the most skins over a predetermined number of holes.

Should two or more players tie for the lowest score on a hole, the skin rolls over to the next hole, which doubles in value. Players can theoretically tie again and again, raising the value of a single hole to five or more skins. When applying handicaps during a game of skins, players generally base their own off the lowest player’s handicap, with that golfer playing the course with no handicap and the other golfers adjusting accordingly.

New York City Golf Courses

Pelham Split Rock pic

Pelham Split Rock
Image: americangolf.com

Working for Ruben Companies in New York, Susanne Lieu oversees several aspects of real estate development and property management. Outside of her work, Susanne Lieu is an avid golfer living in New York City.

A city as big and busy as New York might not seem like a place where you would find the beauty and tranquility of a great golf course, but the city has several courses that suit golfers of a variety of levels.

Pelham/Split Rock golf course located in The Bronx is the only 36-hole course in the city. It was renovated in 2009 and is known for having several tough holes and a “links style,” meaning it is more open and has fewer obstructions, but plays long.

The Bronx is also home to the oldest public golf course in the nation, the Van Cortlandt Park Golf Course. The course is often hilly and challenging, with severe elevation changes on the back nine.

Brooklyn is home to the Dyker Beach Golf Course, which opened in the 1890s. The facility is a good place to take kids, as it has a six-hole course for children who are just starting to learn the game.

Clearview Park Golf Course in Queens recently underwent several renovations to improve the condition of the course. The views are said to be fantastic, which might be a big reason why this course is the busiest in the city.

Places to Golf near New York City

Piping Rock Golf Club pic

Piping Rock Golf Club
Image: pipingrockclub.org

For more than 15 years, Susanne Lieu has overseen a wide range of leasing, acquisition, and financing operations in her role as managing director of Ruben Companies in New York City. Outside of her professional pursuits, Susanne Lieu enjoys a number of hobbies, including playing golf.

Here are a few places to golf near New York City.

Piping Rock Golf Club
A prestigious golf club dating back to the early 1900s, Piping Rock only welcomes its enrolled members onto the green. Those without memberships must arrive with a sponsor, but once at the club, they can take advantage of an extensive driving range and course famed for its Knoll-inspired 13th hole. Former players at the club include Jackie Onassis and Cole Porter.

Tallgrass Golf Course
This Shoreham-based course is famously designed after traditional Scottish golfing greens, complete with pot bunkers and tall grass lining the sides. Spanning a distance of 6,500 yards from start to finish, Tallgrass is a standard 71-par green. This course opened in 2000 and has since attracted both recreational and professional golfers.

Bethpage State Park Golf
Located in Farmingdale, this spot has been home to five separate 18-hole golf courses since the late 1950s. Perhaps the most challenging course is the Black Course, which served as the home of the U.S. State Open in 2002 and again in 2009. All five courses have proven their popularity, with more than 300,000 rounds of golf played at the club each year.

New York City Real Estate Trends for 2015 Predict Larger Inventory

Since 2001, Susanne Lieu has served as managing director for New York City-based real estate and property management firm Ruben Companies. Prior to this position, Susanne Lieu worked as an associate in the real estate department for Shearman & Sterling, LLP, also in New York City, and for Mayer Brown in Chicago, Illinois. To be successful in the real estate market, those in her position pay attention to real estate news and trends pertaining to the New York City area.

StreetEasy, a New York City property listing website, provides predictions for the real estate market for 2015. It looked closely at the trends in the market for 2014, which included low supply, high demand, and expensive rent, and analyzed sales and rental data across the city. It found that Manhattan condo prices will slow and buyers will move away from Manhattan and toward Queens or Brooklyn.

According to StreetEasy’s Condo Price Forecast, condo price growth in Manhattan will slow to less than four percent. This is about half the rate of 2014. The decrease is due to steady growth, since in 2014, buyers saw low inventory and higher prices. Additionally, inventory for homes in Manhattan may increase at the slowest rate of the five boroughs. However, Brooklyn and Queens should see a sizeable increase in available homes, with an 8.6 and 8.5 percent increase in inventory in 2014, respectively; the website predicts these numbers will carry over into 2015.

The History of Golf

Based in New York, Susanne Lieu serves as managing director with Ruben Companies, a property management and real estate development company. Ms. Lieu possesses nearly two decades’ experience in the real estate business and has been with Ruben since 2001. In addition to career-related pursuits, Susanne Lieu enjoys several hobbies, including playing golf. The game of golf has long been a favorite pastime around the world, originating as early as 100 BC in a more primitive form with the Roman game Paganica. Golf’s development continued throughout the ages and spanned various periods and cultures.

Modern golf can be traced back to 15th-century Scotland, where the game gained so much popularity that the Scottish Parliament banned it because it was interfering with the practice of archery (a form of national defense). In 1500, the ban was lifted, and for decades after, royalty took up the game, including Mary Queen of Scotts and King James VI. Golf balls, also, underwent several transitions, from leather, to feather-filled; finally, in 1848, a ball was introduced that was filled with sap from the sapodilla tree.

In 1894, the United States Golf Association was formed, which in turn established the first major golf tournaments: the US Amateur Championship and the US Open. Then, in 1916, the Professional Golfers’ Association (PGA) was formed in the United States, and the PGA Championship took place for the first time. Nearly 100 years later, golf is still as popular as it was in the 19th century, and golf clubs have transformed from being wooden to using more lightweight forms of metal in their construction. In 2016, plans are underway for the reintroduction of golf into the Olympics.