How Omar Boraie has contributed to the growth of New Brunswick’s Real Estate Sector

New Brunswick’s real estate industry is currently developing, and it has a couple of top-notch buildings. One of the best structures in the areas is the Aspire Apartment, which was established by Boraie Development. It has beautiful and affordable houses that are rented at about $1650. The building has both one and two bedroomed apartments that have been fitted with stylish decorations. They also have beautiful floor to ceiling windows and a spacious balcony. The place is convenient for people with small families. The Aspire has been established near the New Brunswick Train Station, and this makes it easy for individuals to travel to Manhattan and Philadelphia. The 17 story building has amenities such as internet connectivity, heat and air conditioners, cooking gas, and security.

According to Rutgers, Omar Boraie is greatly acknowledged for his significant impact on the New Brunswick real estate sector. The 72 years old businessman heads Boraie Development, which is a company that he established four decades ago. He started investing in building the city with the aim of transforming it to have an organized real estate sector. Boraie got his inspiration from Europe where he had gone to study. In the 1970s, New Brunswick was scarcely populated, and most of its buildings were ruins. Omar kicked off by renovating a block that had 21 old buildings. For more details visit Crunchbase.

In the 1980s and 1990s, Boraie Development embarked on the construction of the Albany Street Plaza Tower One. The building has top-notch offices spaces that cover about 250,000 square feet. People did not understand why Omar Boraie would construct high rise buildings in downtown New Brunswick. Boraie developed the Albany Street Plaza Tower Two in 2003, and it is located near Tower One. The real estate expert later realized that the area’s residents needed to have quality housing units. He then developed a 25 story building that was named the Spring Street Condominium Building. The top-notch structure is made up of 121 units, retail shops, a parking garage, and office space. It was launched in 2007.

The growth of the New Brunswick real estate sector has attracted many companies and professionals to the area. Middle-class people now feel comfortable settling in downtown New Brunswick due to the outstanding efforts of Boraie Development. The company’s accomplishments can be attributed to the ability of Mr. Boraie to develop healthy relationships with various industry stakeholders. It has currently expanded its ventures to Atlantic City and Newark.

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