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.
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.