In 1972 Omar Boraie came to the United States from Egypt. At that time he was focussed on chemistry. Omar Boraie settled in New Brunswick, New Jersey and something told him that developing in New Brunswick would be a worthwhile venture. He also saw a lot of potential in cities and towns in other parts of the state. It became obvious that chemistry wasn’t his only passion and talent.
When Omar first saw New Brunswick it looked like a city ready to fail. People were leaving. But he decided to embark on a project that a lot of people doubted and, in fact, thought he was crazy to take on. He bought up some land there and proceeded to build a 250,000 square foot office and retail high rise building in the downtown area. It’s called Albany Street Plaza Tower One. He later built tower two which was completed in 2003, reports NJ Biz. But before he took on the second tower he built some impressive condominiums, both high end and affordable. There have been lots of other development ventures in the area since too. Many people feel that Boraie is responsible for saving New Brunswick. He doesn’t take all of the credit though. The president of Johnson & Johnson, Dick Sellers, also deserves some of the credit says Boraie. Even when New Brunswick looked like it was dying Sellers decided to keep the company’s roots in New Brunswick. Boraie also mentions Rutgers University’s determination to keep New Brunswick going. Another success, The Aspire, a luxury high rise apartment building was completed in 2015.
Seeing how successful he was as a developer, Boraie began to seek projects in other parts in the state such as Newark and Atlantic City as well. He is now in his mid-seventies and his two sons, Sam and Waseem, are also very involved in the work of Boraie Development. They aren’t just developing real estate either. The Boraie family is involved in several philanthropic concerns as well.
Omar Boarie recently donated $1.5 million to the Rutgers Cancer Institute, reports Patch.com. This endowment prompted the University to establish the Omar Boraie Chair in Genomic Science. This donation will be matched anonymously which will amount to $3 million for this chair and the same amount for each of the seventeen remaining in Rutger’s “18 Chair Challenge” campaign will work the same way. Omar’s passion for chemistry and his desire to make New Brunswick the “Healthcare City” might have made this donation an easy choice for him.
Omar’s son Sam is also very involved in charity work. Sam Boraie is a trustee of the State Theater in New Brunswick and a generous supporter of the theater’s educational and artistic programs. Boraie Development helped sponsor the Free Summer Movie Series in 2016. He is also very involved with an charity called Elijah’s Promise. This organization’s goals include fighting hunger, helping people obtain sustainable employment and the creation of businesses that promote social causes. Sam Boraie is also on the board of directors of Elijah’s Promise.