Boraie Development is a real estate firm headed by visionary Sam Boraie. Established in 1986, it’s a privately held company headquartered in New Brunswick, New Jersey.
A warm hearted personality, Omar visions for New Brunswick started 4 decades ago during which that time New Brunswick wasn’t exactly a dream place to invest in. Omar decided to rebuild New Brunswick in the same manner he witnessed firsthand in Europe during his travels as an Egyptian scholar of chemistry. For more details visit Crunchbase.
Through his vision, Omar decided to build his first building which paved the way for him acquiring 21 more dilapidated buildings which were vacant, leveled them down and eventually put up New York City style condominiums and top flight residential units. That marked the renaissance of New Brunswick and led to the growth of the town.
Together with other visionaries such as Dick Sellers, The President of Johnson &Johnson, John Heldrich, John Lynch, Harvey Holzberg, the Mayor James Cahill, David Crabiel, various entities such as The New Brunswick Development Corporation, Rutgers University and New Brunswick Tomorrow , Omar believes that New Brunswick is where it is today because of the dedication of these men .
With this effort, the culture was brought into the town in the form of theaters, such as the State Theatre showed various movies during the summer. The theatre was showing the Summer Movie Series sponsored by The Provident Bank Foundation and Boraie Development. Some of the movies include Frozen, Despicable Me 2, and Aladdin among others.
According to Patch, Boraie was proud to sponsor the fabulous series in a bid to give local families and the youth a chance to see the movies free of charge in the historic remarkable venue. Boraie Development has been very generous to this cause and enables the State Theater to achieve their mission to present family- friendly programming that is affordable. Read more about this on New Jersey Stage.
Omar continues to build luxury residential condos and accommodation, The Aspire and Spring Street for next generation office communities to attract more professionals, millennials thus bringing back some wealth and vibrancy into the town. Read more on their website http://www.boraie.com/company
Omar values family and his vision to see more quality commercial and office users in New Brunswick keeps him going, his next project is the Albany Street Tower Three based on this.