Category Archives: Community Leaders

Sam Boraie, a Real Estate Developer Involved in His Community

 

Sam Boraie is a philanthropist and real estate developer who is connected with projects in New Brunswick, New Jersey and other cities in the state. As a vice president at Boraie Development LLC, a company founded by his father Omar, he focuses on finding potential development projects. The senior Boraie came to the U.S. as a college student from Egypt several decades ago.

 

Boraie Development’s completed projects include The Aspire, a 238-unit high-rise near the New Brunswick Train Station and One Spring Street, also in New Brunswick. The latter is a 25-story, mixed used space of 400,000 square feet that includes residences with owners, a health club, roof deck and other amenities.

 

Another project was The Beach at South Inlet in Atlantic City with 250 residential units near the Boardwalk and the Atlantic Ocean. For Newark, the company developed Albany St. Plaza. It’s a project in the downtown area that features 250,000 square feet of office space and 20,000 square feet of retail space.

 

Pending is The Rector, a 26-story building with residential units, in Newark. The Estates at Waverly Place is a project under construction in Montgomery, New Jersey, about a 30-minute drive from New Brunswick, that will result in seven custom homes.

 

Feeling committed to the community, Boraie is involved in civic activities. He is on the Advisory Board of Elijah’s Promise, a New Brunswick organization that feeds the hungry. Not only does the nonprofit prepare and serve meals, but it aims to stamp out hunger by giving people access to fresh food. Elijah’s Promise offers training in the culinary arts and baking so that people can find jobs in restaurants and bakeries. It also invites the community to attend its cooking classes.

 

Boraie also sits on the Board of Trustees of State Theatre New Jersey in New Brunswick. It’s the state’s second largest not-for-profit. Opened on December 26, 1921, the theater hosted vaudeville performances and film screenings in its early years. Beginning in December 2003, State Theatre underwent a one-year renovation to restore it as nearly as possible to its original state.

 

Today, it is the scene of music and dance performances, Broadway shows and family events. Teachers and students attend special performances. For the summer of 2017, Boraie Development will be one of the sponsors of free film screenings for children on weekday mornings and evenings at the theater.