Sam Boraie Continues The Family Tradition Of Helping Revitalize New Jersey’s Cities


As Omar Boraie, Sam’s father, looks over the landscape of New Jersey’s largest cities, he sees vibrant, growing cities that a decade ago were hemorrhaging businesses and citizens. His vision for revitalizing sections of New Brunswick, Newark and Atlantic City is realized through his firm, New Brunswick-based Boraie Development, and his son Wasseem, his daughter Hiam and son Sam Boraie, a Vice President of his family’s real estate development company. The Aspire is one of Borie Development’s luxury rental towers that is changing the face of New Brunswick. The elegant apartments in the full-service building allow professionals who work at Rutgers University or the nearby hospitals a place to call home in New Brunswick.


At work, Sam Boraie is the contact person for existing building acquisition and development sites, which includes development of the neglected sites that Boraie Development purchased in New Brunswick. Sam’s father decided that property along the main artery into the city would make excellent residential and commercial sites. In 1988, Boraie Development opened Albany Street Plaza Tower One, conveniently located in front of the new Brunswick Train Station and then in 2003, Albany Street Plaza Tower Two, another first-class office building opened. After luring professionals to New Brunswick, Boraie Development built One Spring Street condominiums, ideal housing options for the professionals working in the Albany Street Towers. Sam Boraie sits on the One Spring Street condo board.


As the gallery’s landlord, Mr. Sam Boraie was an honored guest at the Alfa Art Gallery’s Gala Opening Reception in New Brunswick. New Brunswick’s latest addition to the Arts and Theater district hopes to draw a cross section of art enthusiasts to visit the city.


As a community-minded philanthropist, not only is Sam Boraie a trustee of the State Theater in New Brunswick, Boraie Development is a supporting partner of the theater, helping to sustain the theater’s artistic and education programs. In 2014, at The State Theatre Benefit Gala, which Sam Boraie attended, Boraie Development was recognized as a corporate honoree. Also on the advisory board of Elijah’s Promise, Sam Boraie helps promote the non-profit’s mission of providing nutritious meals to the hungry and providing food service training in New Brunswick.


New Brunswick is not the only city to benefit from Boraie Development. Sam Boraie hobnobbed with Shaquille O’Neal as they worked on the Boraie-O’Neal Urban Development, which will bring a 25-story condo tower to rebounding downtown Newark. Newark is O’Neal’s home town, however, the Boraie O’Neal Urban Development will engage in similar projects in the future at undisclosed locations.




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