Omar Boraie Rebuilding New Brunswick

Omar Boraie has lived in New Brunswick, New Jersey for over forty years. He first came to New Brunswick to continue his studies in chemistry and obtain a Ph.D. Omar is of Egyptian descent and had spent the last few years traveling through Europe as a scholar of chemistry. Before long Omar started noticing the similarities between New Brunswick and many of the cities he had visited in Europe. Thinking New Brunswick could rebuild in the same manner; he decided to leave chemistry and start a new career in real estate.

In 1972 New Brunswick was a city in desperate need of help, there were twenty-one vacated and dilapidated buildings on boraierealty.com on one block alone. The city was virtually deserted, and those that remained were afraid to go out after 4 in the afternoon. What many saw as disaster Omar Boraie saw as an opportunity, even though many thought he was “crazy.” He started buying as many of these abandoned buildings as he could and within a short time was ready to start his first project.

Albany Street Plaza, located at 120 Albany Street, was the first project Omar Boraie completed in New Brunswick. The building brought 250,000 square feet of much needed commercial office space to New Brunswick. The building is eight stories tall, and to this day Omar Boraie’s office is on the eighth floor of the building.

Read more: Omar Boraie Chair in Genomic Science Established at Rutgers Cancer Institute

Omar Boraie realized, if New Brunswick were to continue growing, it would need quality residential housing on njspotlight.com. He envisioned a high-rise condominium building similar to that done in New York City. The One Spring Street Condominium completed in 2007, twenty-five stories tall is the tallest building in New Brunswick. One Spring Street is a luxury condominium and offers 121 home ownership residences. The building also includes office and retail space. It is the first major residential project on boraie.com in New Brunswick’s history and has totally changed the real estate market.

Omar Boraie was truly ahead of his time. His vision for New Brunswick has transformed a once dying city into a place where people now believe the city has a bright future. Omar Boraie is a very modest man; he is quick to point out he was not entirely alone in his efforts to rebuild New Brunswick. He gives particular credit to Dick Sellers, the president of Johnson & Johnson. Omar says that if Johnson & Johnson had not stayed in New Brunswick, none of this would have been possible. No one thinks Omar Boraie is “crazy” now.

Town Residential Expands

Andrew Heiberger, the CEO of Town Residential, has opened up the 10th outpost for his company within the meatpacking district of New York City. Town Residential is a rapidly growing brokerage firm. It is an amazing success story because it has only been open since 2010. This new location in the meatpacking district will provide convenient access to real estate services for people in the surrounding area. Many would describe Town Residential as a sexy company.

 

According to Andrew, Brokers who work at this new location will likely take their clients on a tour of the High Line area. The office is a short distance away from the park. In an ambitious move, Town Residential has leased the whole second floor of 7,000 square foot office space and signed a contract for 15 years. The ceiling of the space is 16 feet high, and it gives employees and clients access to a beautiful private roof deck. Andrew Heiberger is a man well known for his flair, and the building suits his personality. He has positioned Town Residential in the luxury class of real estate brokerage firms. With his executive office space, he hopes to attract the most talented brokers to work under him. The impressive office is the only one in the area that has such a lush area in which brokers can do business with their clients. When a client sees the extravagance of the location, they are sure to be impressed.

 

Town Residential has recently opened other offices. It has an official headquarters just east of Union Square in Greenwich Village. The estimated price for the office space is $90 per square foot. Town Residential must be doing a lot of business to cover that monthly bill. Andrew Heiberger gives thanks to his strategic relationship with Thor equities. The relationship has been vital to his success.

 

Even former competitors are eager to be under the Town Residential umbrella. Thomas & Ingram, a boutique brokerage firm, has decided to join forces with Town Residential. They are a small company that has expertise in the West Village area of New York City and are expected to be a valuable asset. Employees from other offices of Town Residential will also be transferring to the newer facility.

 

The office is situated at one of the High Line areas many entrances. This neighborhood is prestigious and considered by many to be a hot residential neighborhood. New condo developments are springing up regularly because consumers want to move into the area. Andrew thinks of the entire West Side of New York as one band of neighborhoods. His office is located right in the epicenter where it can easily service the community.