Few words come to mind when Sam Boraie’s name is mentioned: a real estate business, a philanthropist, and a visionary. Having grown up watching his father, Omar Boraie, build a well-respected real estate firm, Boraie Development, Sam realized early that he wanted to follow his footsteps. It only makes sense to join Boraie Development: a Pillar in New Jersey that has renovated shoddy neighborhoods with high crime rates and turned them into gems. 2013 was an especially remarkable year when Sam Boraie and his team at Boraie Development were able to collaborate with former NBA star Shaquille O’Neal to build a 23-story complex, housing 169 apartments as well as retail stores in Newark, NJ. The partnership continued when O’Neal desired to also build a cinema complex with Sam. The continued collaboration shows the charismatic relationship that Sam has with his partners. Other notable buildings that Sam has helped to develop include The Aspire in New Brunswick, NJ and The Estates at Waverly Place in Montgomery, NJ.
Read more: At Two Extremes of a Housing Market
The Aspire was built with younger people in mind; close to Rutgers University, Sam, and his team did a great job in constructing the building with a combination of luxury apartments and two bedroom apartments for students as well as for fresh graduates and young professionals. Though the intention was to build for a younger crowd with not much room in their budget, Sam did not compromise on quality and vouched to build with the reputable Tishman Construction (they built the World Trade Center) to include luxury add-ons such as gourmet kitchens, wooden floors, and high ceilings, just to name a few. The price range, however, even with such amenities, ranges from $1,750 to $2,750 monthly. The Estates at Waverly Place, on the other hand, are built with a completely different intention. Based in Montgomery, New Jersey, these states are geared towards families looking for custom-built estate-style homes near one of the best school districts in New Jersey. Montgomery is also home to many shopping centers, cinema centers, and hospitals–and ideal suburban community. See: http://www.boraie.com/
Sam Boraie, besides expanding Boraie Development’s real estate market, is also deeply passionate about fundraising and philanthropic ventures; in 2014, he helped raise nearly $800,000 for the State Theater in New Brunswick and was recognized as one of only four honorees. He also cares about children and the education they receive, supporting various artistic and academic programs. A special non-profit near and dear to Sam is Elijah’s Promise, which aids in delivering healthy meals to people unable to afford them in New Brunswick, NJ.
This is just the beginning. Sam Boraie, having watched his father build an empire and help the community in the process, hopes to walk along a similar path and has already accomplished so much at a young age. This is a true mark of a visionary, and it will be exciting to see what more is in store for Sam Boraie and Boraie Development for the future of the company and also for the communities in New Jersey.