Omar Boraie is a visionary, president, and patriarch of Boraie Development LLC. The 73-year old entrepreneur in real estate industry has all reasons to laugh as he recounts the doubters of his dream. In reference to the article http://www.hoovers.com/company-information/cs/company-profile.boraie_development_llc.dfacb2a0e04c915a.html published by Central Jersey Working Moms, Omar attained a P.H.D. in chemistry 40 years ago. The Egyptian immigrant moved to Brunswick, and after pursuing his career in chemistry was inspired to get into the real estate sector.
It all started in 1975, New Brunswick was on the verge of extinction. However, Johnson & Johnson decided to remain in the city when most of the people had left. Omar viewed this as an opportunity to get into the business, and he did not hesitate to take his chance. He started out by purchasing buildings and neglected structures around the blocks in Albany Street. He continued buying the houses, block by block, until he had the whole of the Street. In 1988, Omar opened Albany Street Plaza one. The Plaza offered first class offices, which was a new idea in the town. In 2007, Omar launched Albany Street tower two, and later on the one spring street condominium followed. The condominium had a capacity of 120 apartments with up to three bedrooms; each had, floor to ceiling windows and balconies. With a variety of designs, the apartments ranged from $400,000 to $500,000. Over the years, Boraie Development Agency has dedicated itself to taking up the underutilized buildings and transforming them into decent properties with adequate space for house and office. For more info visit Crunchbase.
About Boraie Development
Boraie Development Agency is a real estate development company privately owned by Sam Boraie. Its offices are based in New Brunswick. The visionary Omar has transformed the face of Brunswick almost completely since he embarked on his journey towards the urban development. In addition, he has also involved himself socially with the community and has partnered with renown agencies giving back to the society. A decade down the line, urban development agency has provided jobs and housing services to many people including Professionals like doctors, teachers, and even professors who enjoy working in the environment with good housing and quality services from the agency. The youth also enjoy the cool neighborhood since the start of new projects that favor each and everyone in the neighborhood. Finally, big ideas such as this should inspire every individual aspiring to be successful.