Omar Boraie, an Egyptian, migrated to New Brunswick 40 years ago with the aim of advancing his education in Chemistry. Little did Omar know that decades later the city would have a new look owing to his immense contribution. In 1970s, New Brunswick did not resemble an urban city. The city looked deserted after 4 pm and had numerous old buildings. Omar Boraie realized the demand for quality residential and office units. He started by acquiring plots and neglected structure on Albany Street. In the late 1980s, Omar completed the construction of Albany Street Plaza Tower One, which has quality office spaces. In 2007, he developed Albany Street Plaza Two, which was followed by the One Street Condominium. The One Street Condominium project has one, two and three bedrooms, each with floor-to-ceiling windows and balconies.
Omar Boraie continued to build outstanding properties in New Brunswick through his real estate company, the Boraie Development. Over the years, he has focused on transforming underutilized structures and plots into quality buildings that have residential units, retail and office spaces. Omar quickly mentored his son, Wasseem Boraie into the real estate business, where he now serves as vice president. Wasseem’s leadership has seen Boraie Development change the image of various institutions, including Richard Stockon College, which he transformed to quality condos. In addition, the company rehabilitated the college’s hostel to accommodate 400 students. The genomic scientist is responsible for New Brunswick’s sophisticated look. The successful entrepreneur has also been part of the growth and development of several medical colleges, including Rutgers University campus, the Rutgers Medical School and Robert Johnson University Hospital. This information was originally published on Central Jersey Working Moms as explained in this link http://centraljerseyworkingmoms.com/category/boraie-development/
About Boraie Development
Boraie Development LLC specializes in urban real estate development. Its services range from real estate development, sales and marketing, to property management. They work closely with superior financial institutions, top architects and contractors to fulfill the real estate needs of urban cities. For over three decades, Boraie Development is known for developing the most outstanding and durable properties. The company is among the most trusted real estate development companies in New Jersey. Their property management services help in creating additional value of the buildings over time. This involves continuous physical improvements and exceptional detail.
In addition, the company offers diverse services like accounting, maintenance, leasing, marketing, administration and customer service. Through Boraie Realty, a sales and marketing unit of the Boraie Development, the company has managed to complete over $150 million commercial and residential transactions. The Aspire is one of the company’s notable properties in New Brunswick. The 238-residential unit is a modern property with world-class facilities such as doorman lobby, health and fitness, and entertainment.