Omar Boraie is the patriarch and president of Boraie Development that is incorporated. His attachment to the city began when he was a traveling student of chemistry, seeking to transform New Brunswick as he had seen in Europe. He recalls how people thought his idea crazy after he started buying out 21 dilapidated blocks one by one in 1972. He later went to the city with a plan, and they thought it was ridiculous. He began with Albany Street Plaza Tower One, a development that brought class-A office space into town and has 250,000 sq. ft. Tower Two was completed in 2003 adding more office space. Check out their website boraie.com to learn more.
After envisioning the need for more top-flight residential units, Boraie started One Spring Street Condominium building that resembles New York developments. One Spring is 25 stories, has 400 space parking garage, outdoor space for barbecue, 10,000 sq. ft. of rental, 121 residential units, and 40,000 sq. ft. office space. It was completed in 2007 and sold out within 60 days, and is New Brunswick’s tallest building.
Omar Boraie has another property, The Aspire which is a privately developed 17-story residential high-rise that adds to New Brunswick’s still-minuscule stock of luxury housing. It is located adjacent to a train station giving direct access to New York and has stylish accommodations next to Manhattan’s. It has 238 residential units, 10,000 s feet of retail space, and four stories of a parking garage.
Boraie feels that luxurious accommodations can bring another batch of populations to the city especially professionals like doctors, professors, teachers, and firefighters. Since most millennials want to live in downtown, Wasseem Boarie, Vice president of Boraie Development believes one should create next-generation office community with developments like The Aspire.
Boraie credits Dick Sellers, the President of Johnson & Johnson for retaining the company headquarters in New Brunswick, as this gave Boraie and other people the vision of reviving the city.
With over 30 years in the real estate industry, Boraie Development is one of the leading firms in Middlesex County, Central Jersey. They have the highest sales volume in New Brunswick Office for the last two decades. The firm is owned and operated independently offering townhomes & condos, home warranties, national referral system, computerized MLS, full-service Office and are specialists in residential and corporate relocations. Boraie Development boasts of an excellent and longstanding relationship and reputation with its Brokers. Moreover, they offer support and education to both sellers and buyers.
Click here: http://www.boraie.com/company/