Developmental Visionary

now browsing by category


How Omar Boraie Is Supporting Housing Development And The Arts In New Brunswick

Real estate developers have the great privilege of being in the business of envisioning and transforming the buildings and houses where families will live out the most important moments of their lives whether those moments include bringing a newborn home for the first time, hosting the reunion that brings a large extended family together for the first time in many years or closing a small business’ first sale after many years of saving to start a company that the owner has always dreamed of. There are very few people who understand how vital real estate development can be to the lives of everyday people like Omar Boraie. Boraie is the founder of the New Brunswick-based real estate development firm Boraie Development LLC.

When Boraie first entered the real estate development industry in New Jersey he was a novice with a background in academia and chemistry. He decided to direct his agile mind away from the study of chemistry and towards transforming the real estate market of New Brunswick, New Jersey during the early seventies. According to an interview on NJ Biz that Boraie gave in the business publication NJ Biz, New Brunswick in the 1970s was a very different city when compared to the New Brunswick of the present day. The city did not have the picturesque and modern commercial buildings that comprise its contemporary business district. Some safety issues also prevented residents from enjoying the city after 4pm. Boraie sought to change this by launching his real estate development company. He started out by purchasing nearly two dozen buildings and approached the city with an ambitious game plan to transform the real estate market. Boraie’s company was instrumental in bringing office space and high-rise lofts that brought an air of sophistication to New Brunswick.

Real estate development is just one of the ways that Boraie is helping to put his adopted hometown on the map. Housing development is an integral part of creating cities that are safe and in attracting the professionals that are needed to work in industries that fuel economic development. Having a rich and active arts district is an important part of having a city that is a healthy and exciting place to live. Boraie is helping to support the arts in New Brunswick by serving as a member of the Board of Trustees of State Theatre New Jersey. As a member of the State Theatre New Jersey’s Board of Trustees Boraie has taken it upon himself to use the wealth that he has gained as a successful real estate developer to work with the theatre to enrich the lives of people living in New Brunswick.

In his crunchbase page, one of the ways that he has done this is by sponsoring a summer film series that is free of charge for members of the community. In 2016 the film series included movies like the Disney favorites Frozen, Monster University and Aladdin. During the summer of 2017 the film series that Boraie is helping to fund will include movies like the CGI hits The Incredibles, Zootopia, Finding Dory and The Secret Life of Pets. It will also include classic films like Mary Poppins starring Julie Andrews and Charlie and The Chocolate Factory starring Gene Wilder.

Read More: