Omar Boraie is a real estate developer and entrepreneur based in New Jersey. He is the founder and CEO of Boraie Development, a real estate family-owned firm specializing in urban property development, management and marketing serving the greater New Jersey region with interests in Newark and Atlantic City, more info can be found on: https://www.crunchbase.com/person/omar-boraie#/entity
Omar is a pioneering visionary who is capable of visualizing and bringing to life mega projects that even state officials brushed off as ‘crazy.’ He is transforming the face of the New Brunswick area and its culture, one street, one block at a time.
Previously, the city looked abandoned and unsafe. His projects have breathed life into the region, opening it up to attract professionals and respectable businesses. According to patch, he was the first to develop Class A office space in New Brunswick, NJ, with the two developments that constitute Albany Street Plaza Tower One and Tower Two.
In addition to the commercial developments, Omar recognized an opportunity in the residential property market and exploited it. In a report by NJBiz, he was the first to introduce New York style high-end condos, Spring Street in New Brunswick, NJ, which quickly sold out on completion, attracting a different culture of working professionals to the city. This also solidified his position as a top rated developer in the region with a keen eye for real estate opportunities.
Boraie Development is a family run business. Sam Boraie, Omar’s son, serves as the Vice President. His siblings also participate in the running of the firm under various capacities. Besides real estate, Omar Boraie is an ardent philanthropist. He believes in empowering local communities and is active in supporting social issues. He serves on the board of the local state theater.
Through Boraie Development, Omar has sponsored summer events in the local community. The State Theater screens select movies during certain times free-of-charge to the residents of the area. The theater is popular for live performances and affordable family-friendly shows. In addition, he supports Elijah’s Promise by serving on the advisory board. The nonprofit focuses on poverty reduction initiatives in the local community by promoting sustainable employment and healthy nutrition.