WX New York Women Executives in Real Estate
Having earned her juris doctor from Northwestern University School of Law, Susanne Lieu serves as the managing director of Ruben Companies in New York. Possessing a background in real estate, Susanne Lieu participates in WX New York Women Executives in Real Estate.
The invitation-only association comprises executive-level women who are active in the area’s real estate sector. WX’s mentoring program helps women new to the profession advance in the field by learning from female leaders offering advice, inspiration, and even possible promotion and available career opportunities.
Aside from inspiration and advice, WX also awards scholarships to women who are in their last year of studies for their real estate career. Upon approval, each student receives a grant of an amount up to $10,000 toward their schooling needs. The scholarship program has given support to more than 200 women since 2004. More than $1 million has been paid out by the organization toward the scholarships at 14 schools.
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.
A New York-based professional with extensive experience in real estate, Susanne Lieu is a member of the WX New York Women Executives in Real Estate. Using her experience as a former associate of the real estate department of Shearman & Sterling, LLP, Susanne Lieu helps WX recruit women in the field of real estate.
WX’s programs are designed to promote professionalism, integrity, and ethics in order to stimulate the advancement of women in the field. On November 12, 2013, WX invited the founder and president of Real Capital Analytics, Robert White, Jr., to talk about the significance of capital in real estate markets. The next event of the 2013-14 mentoring program aimed to develop workplace communication skills through an interactive session. WX organized a panel consisting of organization members as well as a professional career coach to ensure that the participants received concrete advice that they could use to improve their communication skills.
Susanne Lieu is an attorney with many years of experience in corporate and real estate law. Currently working as managing director of Ruben Companies in New York City, she helps to manage more than five million square feet of retail, commercial, and residential property. Before joining Ruben Companies in 2001, she worked as an associate in the real estate department of Shearman & Sterling, LLP, where she helped lenders and investors with real estate transactions ranging from $18 million to more than $1 billion. As someone involved in the real estate market, Susanne Lieu pays attention to trends within the industry.
According to an article published in September 2014 by the SUNY College of Nanoscale Science and Engineering (CNSE), real estate industry experts agree that the current market is ideal for investing in secondary markets where property is cheaper and yields are higher. These secondary markets in the South and Northwest have received interest, and, just recently, upstate New York is finding urban reinvention.
One of the reasons for interest in New York is the increasing use of technology and high-tech industries, including green technology and health care. TechAmerica Foundation named Albany as one the fastest growing high-tech job markets in the country in its 2010 study. Furthermore, in 2013, Forbes named Buffalo, Rochester, Syracuse, and Albany as some of the best places for businesses and careers.