Sam Boraie is a New Brunswick-based real estate developer and philanthropist. He is the son of Omar Boraie, the founder of the Boraie Development, which is one of the leading real estate development firms in the state. Sam Boraie has been a community leader for more than 2 decades and his goal is modernizing New Brunswick City in New Jersey. He has, however, expanded his residential development activities to other markets in Newark and Atlantic City. Boraie is the current Vice President of the Boraie Development. He is also on the advisory board for Elijah’s Promise and on the Board of Trustees for the State theater of New Jersey.
Sam Boraie has contributed to a significant growth in the real estate industry in New Brunswick while serving as the VP at Boraie Development LLC. The company’s primary goals include property development, sales and marketing, as well as real estate development, more information can be found on Bloomberg.com. In 2013, Sam Boraie together with an international basketball stall, Shaquille O’Neal worked together in the construction of the One Riverview located on Rector Street. The building is the first high-rise residential project in Newark for more than 50 years. He has also overseen completion of the One Spring Street project in New Brunswick which is a 25-story building in New Brunswick. Visit his crunchbase profile: https://www.crunchbase.com/person/sam-boraie#/entity
Sam Boraie oversaw the development of Aspire, a 238- unit high-rise building located near the New Brunswick Train Station in 2015. The high-rise tower has become the best choice for the millennial in search of a modern design and maximum luxury in a house. Surrounding the building is a wide array of clubs, theatres, and restaurants, which contribute greatly to the developments in the city. The company has also been responsible for the Albany St. Plaza located in the downtown Newark area. Additionally, it has also completed The Beach located in the South Inlet, Atlantic City. Other pending constructions include Rector in Newark and Waverly Place Estates in Montgomery.
Sam Boraie has been on the Board of Directors of the Elijah’s Promise where he uses his experiences in the corporate world to guide the decision-making efforts and plans for the future. The organization aims at breaking the cycle of poverty among the New Jersey residents by empowering individuals In getting and sustaining their jobs. The organization works towards eradicating hunger, encouraging social interactions, and supporting the rights of the underprivileged people in New Jersey. Every year the non-profit organization provides over 100,000 meals to the needy residents in New Jersey. Additionally, the organization has a school that offers training on baking culinary and pastry arts all in a quest to feed the hungry.Check out the Boraie company profile on yahoo.com.
Another major Sam Boraie’s charitable act is the renovation of the State Theater in 2003. The theater has been a center for performances and film screening since December 1921. It has now become a modern day monument for over 30,000 students and students who attend to watch individual performances. The theater has been relying heavily on the charitable aids from Sam, his family, and the Boraie Development Company.