Omar Boraie is the Founder and President of Boraie Development LLC, which he started in 1972. His career as a property developer has been largely dedicated to revitalizing New Brunswick, New Jersey. According to a report by NJ Biz, when he started his company, New Brunswick was largely a dying city that people didn’t want to go into, especially after dark. He purchased a large number of dilapidated properties, leveled them, and built new towers that brought much needed residential, commercial, and retail space to the urban core. Due to his efforts, New Brunswick is now a city that is vibrant and growing. However, as Omar is rather humble, he also gives a lot of credit to Johnson & Johnson for staying in the city which he says made his success possible.
Boraie Development under Omar Boaraie’s leadership is a company that develops new properties and manages the buildings once they are completed. He is also very successful and sales & marketing and putting together teams that keep his buildings full of tenants. His properties usually have lower floors that are dedicated to retail and office spaces. The upper floors contain either condos or apartments depending on what he sees a need for in the city.
The first building Omar Boraie built in New Brunswick was Albany Street Tower One, which was joined by Tower Two in 2003. Another prominent building in the city that Boraie Development (https://local.yahoo.com/info-11014537-boraie-realty-new-brunswick) built was The Aspire. The Aspire is a luxury rental tower that was completed in the summer of 2015. The building quickly attracted the attention of young, trendy people in the area who were eager to live at this apartment complex.
Omar Boraie has also shown he is dedicated to his community in a number of other ways. In 2016, he created the Omar Boraie Chair in Genomic Science (http://patch.com/new-jersey/newbrunswick/omar-boraie-chair-genomic-science-established-rutgers-cancer-institute) that was established at Rutgers Cancer Institute of New Jersey. He also sponsors the New Brunswick State Theater’s free summer movie program. This program provides residents with free access to family-friendly movies that are shown throughout the summer months. Additionally, he is on the Advisory Board for a local food charity called Elijah’s Promise.