According to the Central Jersey Working Moms article The Visions of Omar Boraie, Omar is New Brunswick’s impressive real estate developer. Omar treasured this project for years and is thrilled of his accomplishments. As the head of Boraie Development LLC, individuals opposed his project for some years. Holding on to his vision, he endeavored to rebuild New Brunswick similar to the cities of modern European.
In the past, Boraie witnessed insecurity within the city and crumbling buildings. Due to these factors, he yearned for a safer and aesthetically appealing New Brunswick, a dream he vigorously pursued. However, most residents of New Brunswick considered him delusional, but Omar proved a visionary ahead of his contemporaries. His latest acquisition, The Aspire, in the center of the city, offers him a breathtaking view of the city from his eighth-floor office. This acquisition previously consisted of a block of twenty-one derelict buildings. Relying on foresight, Boraie purchased the entire building block and commenced transforming and improving the property. More details can be found on Fundacity.
Omar designated Tower I, built in the ‘80s and ‘90s, for office space. He later built Tower II in 2003 next to Tower I. Realizing the potential of the property market; Omar built deluxe condominiums, the tallest building in the city of that time. Tower II is twenty-five stories tall with 120 housing units. Also, this building catered for retail shops, offices, parking garage, barbecue pits, and dog walking facilities. His accomplishments finally convinced New Brunswick residents. In an interview with the NY times, Omar commended the dedication, trust, and cooperation of individuals who believed in him. New Brunswick presently enjoys the benefits of his dream. You can visit Crunchbase to know more.
About Boraie Development LLC
In an article on WSJ, Boraie LLC is a private property development company founded by Omar Boraie. The firm’s portfolio includes Towers I and II on Albany Street, the Aspire suite of luxury condominiums, and is involved in other projects as well. Established by Omar, the firm offers a variety of services inclusive of sales and marketing, real estate development, and property management.
With a 30-year record of accomplishment, Boraie LLC invests its capital, labor, and reliability in all of its projects. It obtains its funding from banks and other lending institutions. In collaboration with other investors, the company develops residential and commercial facilities in downtown New Brunswick. The future for Boraie LLC looks bright. Currently, the company plans to purchase and develop its third commercial property next to the train station on Albany Street.