Sam Boraie is one of the sons of Omar Boraie. Omar is renowned throughout New Jersey considering that he has played an instrumental role in revitalizing the city of New Brunswick. Omar is the founder of Boraie Development, LLC. The Egyptian-born real estate expert introduced his two sons and daughter to the business early in their lives. To this end, they have gained immense experience and knowledge in the real estate business. Sam and his siblings serve as vice presidents of Boraie Development.
For many years, poverty, violence and bad leaders who mismanaged public funds contributed to the slowing down of New Jersey’s economy. However, the region has had much potential. Johnson and Johnson, and Rutgers University played a pivotal role in ensuring that New Brunswick is not destroyed. Boraie Development has also been actively involved in making sure that the city pulls itself out the economic crisis and become vibrant. In the 1970s, Omar bought 21 dilapidated properties. In 1980s, the corporation started rebuilding the city. One of the projects that attracted people to the region is the Albany Street Plaza One, which is a 250,000 sq-ft high rise. Sam Boraie posits that it took a while before people could occupy retail and office spaces. However, in the end, the project paid off and marked the start of the revitalization process in New Brunswick’s inner city.
At the company, Sam is responsible for locating new development targets. Besides, the executive has been involved in enhancing the company’s vision by partnering with different experts in the real estate industry. This way, he has helped the company to develop, manage and sell innovative properties and attract more residents to the city. One of Boraie Development’s successful projects is The Aspire. This 25-story building, 400,000 square feet residence has roof deck, health club and different amenities.
Another project developed by Boraie Development is The Beach at South Inlet in Atlantic City, which according to PR News is near the Atlantic Ocean and the Boardwalk. It has 250 residential units. The Albany St. Plaza, which is located in the downtown area, has 250,000 and 20,000 square feet of office and retail space respectively. In addition, Sam has been involved in charitable activities.
The State Theatre of New Jersey has greatly benefited from donations made by the Boraie family, Sam Boraie and Boraie Development. Over the years, the State Theatre has been enriching the lives of the populace of New Jersey who come from diverse backgrounds. The entity has presented renowned international and national artists. Moreover, the Theatre provides the community of New Jersey with performing arts venue that enables them to embrace art. Lastly, the State Theatre uses performing arts education programs to develop future artists.
Sam has been involved in the affairs of Elijah’s Promise. The main objective of this organization is to initiate innovative projects that will end poverty and enhance employment in New Jersey. To this end, the entity has been providing food and different items to the community. In addition, Elijah’s Promise empowers the locals to seek for sustainable employment opportunities.