Posts in Category: University Towns

Omar Boraie Achieving his Vision

 

Omar Boraie, 73, is a well known real estate developer. He is also the founder and president of Boraie Development LLC that is based in New Jersey. Forty years ago, Mr. Boraie came to New Brunswick which is popularly known as a university town to get his Ph.D. in Chemistry. This was before his interest in real estate development. It was during this period that Mr. Boraie saw the town in a whole new dimension. The vision for the New Brunswick was then conceived when he decided to rebuild the town. Most people thought that it was an unrealistic vision to rebuild New Brunswick but this did not discourage him. The town was battling with many challenges that prevented its development.
The potential of the growth of the town was assured when the Johnson & Johnson decided to remain in the town in 1975. This decision to stay renewed the investor’s confidence in the town’s potential and stability. The town began to rebound around the 1980’s though the progress was slow. The town has since then been rebuilt with modern structures by investors. His first project in this town began in 1997 and has over the years focused on the vision. The real estate developer, Omar Boraie, has made great contribution to this development with his latest project in completion. He was one of the first people in New Brunswick to build a high rise residential facility. There have been more projects set up in the abandoned areas of the town aimed at serving the housing market. All these projects have attracted more and more investors in the town.
Now Mr. Boraie has seen New Brunswick become a very sophisticated town with the most stylish properties and its residents want more of such development in the town. Mr. Boraie has been in the lead of these new developments. The vision that most people thought was not achievable has been achieved and continues to flourish. Those who thought that he was crazy for having such a vision have been proved wrong. The city has now various projects for purposes such as offices, luxurious apartments and also condominiums. The city has been revived and become a beautiful city due to the dream of such as Mr. Boraie which he says has been his dream for decades. He however does not take all the credit for this achievement. He credits others who have helped in the development of city.