Lucy Wu | Adapting to What’s Next
THE OF BUSINESS OF SURVIVING TO THRIVE
Lucy Wu | Adapting to What’s Next
From her family’s restaurant businesses to fashion and New York real estate, Lucy Wu’s story reflects an ability to recognize opportunity, adapt to changing circumstances and keep moving forward.
Photos and article by
Richard Sandoval
ometimes you meet someone through a colleague and quickly understand why the introduction was made.
That was the case with Lucy Wu.
Our colleague Nelson Ramos of Wells Fargo introduced us ahead of our HL | Milestone Series – New York event at Bally’s Golf Links at Ferry Point, where Lucy participated as a panelist.
Nelson thought highly of her insights, ambition and personality. It did not take long for me to understand why.
Lucy has a way of making people feel as though they have known her for years. As our conversations continued following Milestone New York, I became interested in something beyond her professional accomplishments.
Where did that entrepreneurial spirit and ability to adapt come from?
An American Dream Takes Shape
Lucy’s answer begins with her family’s journey to America.
Her father arrived in New York in 1980 without speaking English. His first jobs included working as a delivery boy and dishwasher at a Chinese restaurant.
He eventually moved into Japanese restaurants and worked his way up to assistant chef. Along the way, he recognized opportunities that might eventually allow him to build something of his own.
“He always knew he wanted to own a business; that was his American dream,” Lucy shared.
While learning the restaurant business, he quietly collected vendor information from business cards and newspaper clippings, preparing for an opportunity he hoped would eventually come.
Lucy and her mother joined him in 1983. Her mother, who had taught British English in China, handled the front of the house and accounting while her father managed the kitchen and operations.
Together with family members, they opened their first restaurant in Cobble Hill, Brooklyn, in 1986, followed by another in Park Slope around 1989.
According to Lucy’s family account, they later took over Fuji, a long-established Japanese restaurant that brought the family and eventually Lucy to Hell’s Kitchen.
Lucy Wu | In Her New York Element
Lucy was a featured a panelist at our Milestone | New York Event
From Restaurants to Real Estate
The restaurant business also introduced Lucy’s father to another opportunity: real estate.
“He didn’t understand and never trusted the stock market, but he understood real estate,” Lucy explained. “It wasn’t going anywhere; it was tangible, and it was their retirement income waiting to happen.”
Her parents became mom-and-pop landlords while continuing to operate their restaurants.
Lucy grew up watching them buy, sell and manage properties.
Years later, when she was laid off from a career in fashion, entering real estate did not feel like starting over.
“When I got laid off from fashion, real estate wasn’t a leap,” Lucy said. “It was already in my blood.”
That transition says something important about Lucy’s story.
Careers change. Industries change. Markets change.
The ability to recognize opportunity and adapt may be one of the most valuable lessons passed from one generation to another.
Today, Lucy works in New York luxury real estate, helping clients navigate decisions that extend well beyond a transaction. She also sees herself moving increasingly into a thought-leadership role while continuing to ask questions about what might come next professionally and personally.
Her story is a reminder that entrepreneurship is not always learned in a classroom. Sometimes it is learned watching your parents work. Sometimes it begins in a restaurant kitchen. Sometimes it requires leaving one career and recognizing an opportunity in another.
For Lucy Wu, adapting to what’s next is not simply about responding to change.
It is part of the family story.
EDITOR NOTES
Our relationship with Lucy Wu began through the HL | Milestone Series – New York and continued through conversations and experiences that introduced us to another side of the city. This story is part of HL | New York – People. Places. Conversations., our continuing collection exploring New York through the people we meet and the experiences we share.
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