New Brunswick, NJ has undergone a lot of different construction phases due to the demographic shifts they’ve experienced over the years. They’ve had many brilliant urban planning experts work with city officials and private contractors to see these projects through, but perhaps none as innovative as the Boraie family. Boraie Development has brought some of the highest quality housing and commercial centers brought to downtown New Brunswick, and as revealed by fundacity the patriarch Omar Boraie hasn’t met an obstacle he couldn’t overcome yet.
Omar Boraie and his family moved to the US from Egypt back in the early 1970s. He had gotten his formal education in a completely different field than real estate, but when his first business venture went awry, he decided to give it a try. He had relocated to New Brunswick back in the early 1980s, and Albany Street where he started at was in such awful condition that most people wouldn’t even go on the streets after 4 PM. But the Boraies believed they could turn things around with a little investing and commercial property that would attract new tenants. Real estate investment firm Johnson & Johnson had stated they would stay in New Brunswick, so thanks to their support, Omar Boraie was able to get started building.
According to centraljerseyworkingmoms.com, the first area he started with was Albany Street by turning an abandoned building and parking garage into brand new office space known as Tower 1. But that was just the start; before long he began taking on even more housing space and started helping Rutgers University with construction of a satellite campus. One of his biggest residential construction projects to date is The Aspire, a 17-story apartment which offers state-of-the-art amenities and even great transportation access to Manhattan across the river. The Boraies have also had one of the top hotels in the region built known as the Heldrich, and they’re currently working with Devco on an expansion to Albany Street’s plaza.