When Omar Boraie, an Egyptian immigrant started a mission to build a high caliber residential unit and high rise office in Brunswick, many thought that he was crazy. Boraie, now the 72 years old mogul owns and is the president of Boraie Development LLC, a real estate development company. Together with his son Wasseem Boraie their take much pride in changing New Brunswick, New Jersey into a modern community when not many people were sure of its future.
Omar Boraie stated his development journey in 1972 when he was a chemistry scholar. His vision was to change the ‘awful’ quiet New Brunswick town into a vibrant business society. When Johnson & Johnson committed itself to remain in the city, Boraie saw hope and opportunity of uplifting the city.
After forming Boraie Development Llc, Omar started by bringing down 21 old vacant building and built a 250,000 square foot edifice – The Albany Street Plaza Tower One- in 1988. Later in the 2003 Albany Street Plaza Tower Two was opened as the second largest project. After that, in 2007 he put up a residential unit called One Spring Street Condominium Building, a 25 Residential complex with retail shops, office space, and parking garage. The building was an idea from what he had seen in one of his scholarly tours in New York and targeted providing houses for professionals working the two towers. Check out Crunchbase to know more.
Boraie aspiration was to attract professionals who would love to work and live in a developed downtown. The aim was to provide a stylish environment with a variety of entertainment, residing in good life places. Boraie Development LLC achieved the high rise when they developed The Aspire in 2015, a 17 story residential building located adjacent train station. The Aspire was a $77.2 million project with a cool design for style and convenience. Aspire integrates a community kitchen, a green rooftop garden, and ample parking’s and fitness centers. More details can be found on State Theatre New Jersey.
Boraie Development next big project is Albany Street Tower Three. It a mixed building harboring 150,000 square feet of quality commercial office space
Boraie Development LLC is now a family business with Omar Boraie as the president and his three children all involved in running the business. It deals with a range of services focusing on town real estate development, property management, and marketing. The company mostly operates in Atlantic City, Newark, and New Brunswick. The strength of the company lies in working and associating itself with the reputable financial institution and visionary architects and contractors.
Reference : http://centraljerseyworkingmoms.com/boraie-rebuilds-and-redesigns-urban-cities/
Read more: http://centraljerseyworkingmoms.com/how-boraie-development-has-managed-to-bring-up-sophisticated-apartments-in-new-brunswick/
Check out the website boraie.com