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A recent article on Boraie Development that was published through Central Jersey Working Moms brought a lot of insight on Omar Boraie and the dreams that he harbored which many thought absolutely insane.
40 years ago, young Sam Boraie moved to New Brunswick with the hopes of attaining a Ph.D. in Chemistry. His sights quickly moved to the Real Estate sector. He wanted more for New Brunswick and envisioned a city that resembled the cities he had come across as a working scholar in Europe. He took the opportunity when it presented itself and began purchasing plots of land and neglected structures on Albany Street. His very first project was acquiring a rundown block of buildings, and by 1988, he opened a state of the art office building called Albany Street Plaza Tower One, which offered first class office space to the residents. He set up Albany Street Plaza Two in 2007 quickly followed by the One Spring condominium.
According to Patch, one of the most sought after apartments in New Brunswick is the Aspire Apartments that were set up by the Boraie Development LLC. For the affordable price of $1650, you get perks such as a breathtaking view of downtown New Brunswick, a doorman, high-speed internet and cable tv, state of the art heating system, close proximity to the train station among other features. Omar’s vision was one of luxury and Aspire caters to that.
What started as a dream has slowly become a reality, and Omar has many people to thank for supporting and believing in his vision. He is quick to acknowledge the role that Johnson and Johnson played back in 1975 by deciding to stay in New Brunswick. That move lit up Omar’s hope for the city. There have been many partnerships that have assisted in making New Brunswick what it is today. In the past decade alone, many people have supported the vision for a newer more sophisticated New Brunswick. Establishments such as The Heldrich Hotel and Conference Center, The State Theatre, two additional theatres and a few high-end restaurants have heavily assisted in giving New Brunswick the much-needed face-lift.
The future of New Brunswick is bright! Omar Boraie has plans underway to set up his next commercial site. He has his eyes set on targeting innovative tech and biological science firms who will benefit from the Rutgers proximity. Slowly but surely, New Brunswick is panning out to become an epicenter in New Jersey’s knowledge-based economy. You can search him on Yahoo to know more. Visit boraie.com