Sam Boraie is the son of the real estate mogul, Omar Boraie. The Boraie’s are very popular in New Jersey. In the 1960s, New Brunswick became a hub for selling drugs; as a result, many people moved to the suburbs. But for the patriarch Omar Boraie, this was an opportunity to invest in real estate. In case you didn’t know, he was among the first people to purchase property in the crime-infested downtown region of New Brunswick. See, https://local.yahoo.com/info-11014537-boraie-realty-new-brunswick.
He established Boraie Development to help in revitalizing the city. Boraie Development is a New Jersey-based company that offers a broad range of services focusing on all aspects of the urban real estate sector including property management, development, and sales and marketing. The firm under Sam’s leadership offers clients unrivaled services; their outstanding properties say it all.
Boraie Development has made a name for itself among the most sought New Jersey developers. According to Bloomberg.com, with a 30-year track record in development, the company aims at creating outstanding properties that attract tenants as well as investors.
The company’s projects
Since its inception, the organization has completed numerous projects. Also, it has several projects that are underway.
The Aspire – This 238-unit high-rise complex boasts of luxury featuring amenities such as a 24-hour fitness center with the latest equipment, rooftops decks with grills, and an indoor entertainment area which includes large screen TV’s, a pool table a catering kitchen, and an outdoor terrace. This project was made possible thanks to the collaboration between Boraie Development and the New Jersey Economic Development Authority.
One Spring Street – This was the first major residential project in New Brunswick. It is a 25-story, mixed used space of 400,000 square feet that features a roof deck health club, and other amenities.
The Beach at South Inlet – This five-story, mixed use complex has 250 apartment units. It features privatized parking, outdoor communal spaces, a community pool, and retail shopping venues.
Albany St. Plaza – This project in the downtown area features 250,000 sq ft of office space and 20,000 sq ft of retail space.
Apart from the completed projects, the company is also undertaking other impressive projects. Some of them include The Rector (a 26-story building with residential units), The Estates at Waverly Place (the project will result in seven custom homes once completed).
Sam Boraie’s community involvement
For several years Sam Boraie has taken part in rebuilding New Brunswick’s property market. He heads the company’s business development division. Sam has spearheaded numerous acquisitions which have made the firm more vibrant. He has used his exceptional marketing skills to sell most of the firm’s projects.
Besides his corporate duties, he is also a known philanthropist who supports charitable initiatives. He donates to the State Theatre of New Jersey and Elijah’s Promise.