Sam Boraie is a leading real estate developer and investor. He has overseen construction and development projects in New Jersey, New Brunswick, and other strategic cities in the United States. He is the VP of Boraie Development and dedicates his efforts and research abilities towards sourcing prospective development projects. Boraie Development is a creation of Sam’s father, Omar Boraie.
What is Boraie Development?
Boraie Development is an internationally recognized real estate development firm that has managed numerous projects in New Jersey and New Brunswick. The company as revealed by Bloomberg has expanded its operations to Atlanta and Newark City. The real estate development giant joined forces with Shaquille O’Neal, a basketball star, to erect a sophisticated residential building in Newark. Upon completion, this building will be the first new high-rising residential property in Newark for the past 50 years. The cost of constructing this building is $60 million and will be available for renting to the residents of Newark.
Charitable initiatives of Boraie Development
Boraie Development has been committed to charity since its inception. Therefore, when O’ Neal approached the company with his charity program, Boraie Development did not hesitate to offer its assistance. Through the partnership, Newark also added a new retail development, movie theater, and market-rate housing.
Sam Boraie’s Philanthropic acts
Apart from overseeing the strategic expansion plans of Boraie Development, Sam participates in a number of charitable initiatives. Sam sits on the Board of Trustees of the New Jersey-based State Theater. The Theater promotes cultural diversity by orchestrating cultural events in New Brunswick and New Jersey. It depends on donations from Boraie Development, Sam Boraie, https://www.crunchbase.com/person/sam-boraie#/entity, as well as the Boraie family.
According to Rutgers Magazine, Sam also sponsors Elijah’s Promise, a top charitable entity whose mission is to eradicate poverty in communities residing in the State of New Jersey. The organization’s primary agendas include ending hunger, offering safe and healthy foods, establishing businesses that foster social benefits, and assisting people to obtain and sustain suitable employment. Sam is a member of the organization’s Board of Directors. He is deeply involved in offering strategic direction and guiding Elijah’s Promise to realizing its objectives.