Omar Boraie and his real estate company are the major reason why New Brunswick, New Jersey is still a functioning city today.
Omar Boraie dreamed of remaking New Brunswick in the same style as the European cities he saw during his time traveling that continent. When he arrived back in America, he shared this vision with his friends, but they scoffed at his ideals. Unfortunately, they were not visionaries like him. They could not look into the future and see what could be. After 40 years of hard work and labor, Omar Boraie finally proved them all wrong and rebuilt the city.
According to Boraie.com, Omar Boraie has invested $150 million of his own money into the city. This was not to make profit for himself but was used to better the residential areas that he called home. Over the 40 years, he has built both commercial and residential buildings to bring back the middle class. NJbiz.com reports that Omar Boraie does what he can to keep his philanthropy silent, but many people know it is his good will has made the city functioning today.
Boraie Development LLC helped New Brunswick grow by planning out a four-step process. Together with Omar Boraie, their first step was to make New Brunswick attractive for families. The second step was to bring businesses back to the area. The third step was to reward current businesses for renaming. Their last step was to bring middle-class professionals back to the city. For more details visit Crunchbase.
Omar Boraie made New Brunswick more family oriented in many ways, but one way, in particular, stands out. According to an article published on New Jersey Stage, Omar Boraie provided the community with seven free Disney movies throughout the summer. He bankrolled the entire thing and offered popcorn to every family free of charge. Over 7500 families attended these events.
Omar Boraie began enticing businesses back to the area by building office space modeled after New York City. This office space was provided at competitive prices when compared to neighboring cities. Check out press of atlantic city to see more.
Omar Boraie then began his next step of keeping jobs in the area by approaching the Johnson & Johnson Corporation. They were the largest factory in town, and they could not afford to lose tens of thousands of jobs. Once Johnson and Johnson stayed, other businesses began coming
Lastly, Omar Boraie built a 370,000 ft.² condo style home for the middle class professionals.