Omar Boraie founded his property development company, Boraie Development LLC, in New Brunswick, New Jersey. His career has been dedicated to revitalizing the city by purchasing dilapidated properties in the urban core and replacing them with new buildings that contain much-needed office, retail, and residential space. Omar is the company’s President and leads its day-to-day operations and strategic vision. At Boraie Development, Omar has three main focuses; real estate development, property management, and the sales & marketing of units in his buildings.
Before Omar Boraie got his start, New Brunswick was a dying, decaying city, reveals NJ Biz. Omar’s success at bringing in new businesses and people has inspired other developers to also invest in the city. Omar himself gives a lot of credit to Dick Sellers who is the President of Johnson & Johnson. Omar has said that Sellers decision to remain in New Brunswick made everything he is doing possible.
One of Omar Boraie’s latest projects was Spring Street Condominium which brought to the city some of its first luxury residential units. The building, which at twenty-five stories tall is the highest in New Brunswick, contains 121 residential units. It also includes 10,000 square feet for retail and 40,000 for office spaces.
Another recent building is The Aspire which is even larger than Spring Street Condominium. The Aspire has become an attraction to younger people who are drawn to the area as it features a number of great restaurants and activities. It has 238 residential units combined with 10,000 square feet of retail on its street level floor.
As a successful businessman, Omar Boraie believes it is his duty to give back to the community. According to Patch.com, he serves the New Brunswick’s State Theater on its Board of Trustees. Additionally, he sponsors the theater’s free summer movie program which gives families the opportunity to see free movies throughout the summer including Frozen, The Lion King, The Little Mermaid, and Finding Dory. He also serves on the board for the local nonprofit Elijah’s Promise. He lends his expertise in this charity’s efforts to feed low-income and homeless people in New Brunswick.