In New Jersey, most people are familiar with the name Boraie. Sam is the son of Omar Boraie, the proprietor of Boraie Development, LLC. The New Jersey- based corporation has continued to develop multi-use facilities, which have attracted people and businesses to the region. Presently, the corporation has an elaborate plan of revitalizing New Brunswick City. The Egyptian-born investor, Omar Boraie, has played a pivotal role in reviving the Atlantic City. The region is slowly recovering from the effects of the economic downturn.
Sam Boraie is one of the transformational leaders of Boraie Development. Owing to his involvement with the family business for long, Sam has gained immense knowledge and experience in the expansive and competitive real estate industry. To this end, he is mandated with the duty of finding new development locations. Sam has a younger sister and an older brother, all of whom serve as vice presidents of the corporation. Boraie Development has been partnering with different property managers and real estate developers to develop, manage and sell different high-end projects to their wide client base across the country.
Boraie Development has been in business for over three decades according to PR News. Their prime goal is to develop projects that appeal to the residents, financial partners and tenants. One of its landmark buildings is The Aspire. This high-rise deluxe residential property is located in the heart of New Brunswick City. This 25-story building is the tallest in the region. It has 121 residential units, 40,000 and 10,000 sq-ft of office space and retail space respectively, and an outdoor space, which is favorable for barbecue and other activities. In addition, The Aspire has a large parking garage. See, http://www.nytimes.com/2005/03/06/realestate/at-two-extremes-of-a-housing-market.html.
Sam Boraie has been heavily involved in different philanthropic activities. Together with other renowned local businessmen, Sam sits on the Board of Trustees of the State Theatre of New Jersey. The mission of the State Theatre is to enrich people’s lives. The populace of New Jersey comes from diverse backgrounds. In addition, the entity enhances the urban environment by providing a performing arts venue at the heart of New Jersey that ensures that the community has a long-term relationship with performing arts. Moreover, the theatre seeks to provide arts education programs that are geared towards informing and building future audiences. The State Theatre presents the finest international and national performing artists.
The public supports the not-for-profit 501(c) (3) organization. State Theatre has also benefited from Sam Boraie’s donations. In addition, the Boraie family and Boraie Development continues to donate to the institution. Besides the State Theatre, Sam has been involved with the Elijah’s Promise. This entity seeks to empower communities in the entire State of New Jersey with the objective of breaking the cycle of poverty. Elijah’s Promise focuses on ending hunger, creating businesses that focus on social benefits, providing healthy foods to the community. Moreover, the institution helps people to secure and sustain satisfactory employment. Sam Boraie is an active member of the board of directors of the organization. Here, he zeroes in on planning for the entity’s future.
Sam Boraie and Boraie Development’s contributions to the populace of New Brunswick continue to be appreciated in the entire state.