Sam Boraie Continues Family Legacy

Omar Boraie is a New Jersey property developer who has been working for over 40 years to restore New Brunswick to its former glory. As he completes his latest project, a deluxe luxury high-rise residential property, located in the heart of the city. He shares a few thoughts about the changes he has seen in New Brunswick over the last four decades. Before starting his dream of rebuilding New Brunswick Omar Boraie saw firsthand how cities in Europe were being rebuilt, he traveled throughout the region as a traveling chemistry scholar from Egypt. Omar remembers what it was like in 1972 New Brunswick; you couldn’t venture out after 4 p.m., everyone had gone home for the day. Nevertheless, he started to fulfill his vision for New Brunswick in 1972, amid much skepticism, people asked him “are you crazy’.

His first major project was to build an eight-story office building on Albany Street. At the time there were over 20 vacant and ran down buildings on the block, Omar bought the buildings one at a time, and when he was ready he took his plan to the city, once again ‘Are you crazy?’” Once completed the building gave the city 250,000 square feet of much needed first class office space. After building more office space by 2003, Omar realized for the city to continue growing it needed high-quality living spaces. He envisioned a New York City type condominium and built One Spring Street. The complex has 121 residential units, another 40,000 square feet of office space, retail, and outdoor and indoor amenities.

Omar is quick to point out there are other individuals and companies that have contributed a great deal to the rejuvenation of New Brunswick. One he always gives credit to is Johnson & Johnson and their president Dick Sellers, Omar Boraie says, none of this would have been possible if Johnson & Johnson had decided to leave the city. Click here to know more.

While he continues to develop and improve his favorite city, Omar Boraie is involved in and contributing to many other noble causes. Recently he joined the fight against cancer by donating $1.5 million to Rutgers University to help establish a research chair at the Rutgers Cancer Institute of New Jersey. The Omar Boraie Chair will advance the study of Genomic Science.

Omar Boraie and his son Wasseem, he prefers Sam, are very involved in the community and the State Theater of New Jersey, in particular, located in New Brunswick. The State Theater is a beautifully renovated 1921 theater originally built for vaudeville and silent films. In its heyday, it was one of the most attended shows in the region. Sam Boraie is a member of the board of trustees and the family sponsor many different events at the venue.

https://www.crunchbase.com/person/arthur-becker#/entity

Leave a Reply