New Brunswick – The New Face of an Old City

New Jersey is rapidly becoming the focus of urban development and housing projects, as reported by the phillypurge website. Some of the reasons for this are that the New Jersey station is accessible to most towns. Further, the number of job opportunities on offer in New Jersey are manifold, creating a need for homes in this area. New Jersey will witness a surge in its real estate demands in the coming months.

 

 

Boraie Development LLC is a New Jersey firm that manages properties and markets it as well. It handles all aspects of real estate such as management, maintaining office records, customer dealings and selling properties. Boraie has partnerships with secure banking institutions. It also collaborates with expert designers and supervisors who are committed to the timely completion of construction and design work.

 

 

The investment system of Boraie Development is based on four plans. These include buying or selling attributes of a property, the revival of non-sustainable units, urban financial sectors that show growth and scaling in on assets. Boraie Development has made profits of more than 150 million dollars through its business dealings. Omar and Sam Boraie serve as the Vice Presidents of this corporation. Check out pressofatlanticcity.com for more.

The njbiz website recently put up a feature on Omar Boraie. He had the vision to reshape New Brunswick for more than 40 years. The area had a loss of value with an increase in migrant communities and low rate of rents. However, Omar Boraie had a plant to redevelop New Brunswick and take it to its full developmental potential. The first step was the construction of Omar Boraie’s eight floored office located in Albany Street Plaza Tower One in New Brunswick. Developers abandoned the area, and Omar Boraie was among the first to buy several empty shops in the area. The Tower One building houses offices over a 250,000 feet square area. Tower Two of this plan was constructed later in 2003 and added more office areas to this space.

Njspotlight further reported the development of New Brunswick into a magnet for real estate developers on its website. They mentioned that the Boraie Development company, along with the New Brunswick Development Corporation and the Rutgers firm are restructuring New Brunswick into a thriving business and residential center. Boraie Development will soon inaugurate the Aspire Tower. This is a sophisticated 17 floored building housing residential apartments located in proximity to the training facility. The homes in this building provide contemporary designing, with parking and health services, and a garden and yard as well.

 

Reference: https://re-nj.com/report-new-250-unit-rental-project-rising-in-atlantic-city/