Omar, Wasseem And Sam Boraie: Revitalizing New Brunswick, New Jersey

Omar Boraie is an Egyptian immigrant. He moved to the United States 40 years ago to work on earning a Ph.D. in chemistry. He ended up in New Brunswick, New Jersey and developed an interest in real estate. When Boraie first came to New Brunswick, many of the buildings throughout the area were derelict-looking and were burnt by the fires caused by the 1968 race riots. But he was able to envision the community as it could be. He founded Boraie Development and in 1985 his company constructed a two-tower commercial building located on 120 Albany Street near Spring Street.

It was a gamble, but it has paid off. The presence of the headquarters of Johnson & Johnson, the pharmaceutical giant, in the community gave him confidence to invest in the area. The headquarters of Boraie Development is now in one of the towers at 120 Albany Street. From there Omar Boraie can see an array of other properties that he owns nearby. One of his properties that is under construction is a 25 story residential building at One Spring Street. The property will have 120 apartments with one, two and three bedrooms, full balconies and floor-to-ceiling windows. Their prices range from $350,000 to $500,000. The 3-bedroom penthouses will cost a lot more.

Now he has put down roots in the community. One of his sons, Sam Boraie, is the vice president of Boraie Development and Wasseem Boraie, his other son, also plays a prominent role. The company is in the process of putting up super-high-end New York-style apartment towers that nothing in New Jersey can rival. The apartments in them are beautifully designed and the building will have a fitness center, an enclosed pool and a 7-story 425 parking space garage with a roof-top community garden. Boraie has hired Costas Kondylis & Partners as the architect.

Omar Boraie’s vision for New Brunswick has now become a reality. New Brunswick now boasts a growing number of modern commercial and residential buildings with spectacular views of the Raritan River. Many people credit Omar Boraie and his determination to rebuild New Brunswick for the transformation of the downtown area that has taken place. Omar Boraie says many others played very important roles as well. He points to city, civic and business leaders that have helped with the city’s rebirth. His sons Sam Boraie and Wasseem Boraie have also helped Boraie Development and the city of New Brunswick to thrive, in a report by NJBiz.

Under Omar Boraie’s leadership the company offers an array of crucial services for New Brunswick’s urban real estate market. They include real estate development, management, marketing and sales. Omar Boraie and his team have built spectacular properties and provided their clients with unparalleled service. They’ve worked with some of the strongest architect, contractors and financial institutions to make Omar Boraie’s vision for New Brunswick come true. For more info you can visit Patch.com.

See more: https://www.crunchbase.com/person/omar-boraie#/entity

Mike Heiligenstein Looks At Ways To Resolve Transit Issues

The Williamson County Growth Summit gave an opportunity for framing a number of transportation challenges that were focused on the varying needs of the suburban communities of this region.

The panel discussion was having all who mattered and who were focused on the issues at hand. Hence there was the Central Texas Regional Mobility Authority Executive Director Mike Heiligenstein who gave a lot of inputs. Next was RideScout LLC founder Joseph Kopser. Another important panelist was Uber Technologies Inc. Texas External Affairs Director Leandre Johns.

A prominent panelist was ArgoDesign’s Jared Ficklin who has been proposing some innovative solutions for Central Austin, namely the aerial gondola system. This was a special event that was held at the Sheraton Georgetown Texas Hotel & Conference Center.

Learn more about Mike Heiligenstein: http://ibtta.org/sites/default/files/documents/Heiligenstein_Mike_formatted%20with%20Picture_2014.pdf

Mike Heiligenstein had a lot to discuss and comment on. He spoke about new technologies that included driverless vehicles, ridesharing apps and so much more. It is obvious that such technological innovations are going to radically transform the infrastructure of transportation.

The Austin area has very good infrastructure, but they still have to invest more as they have to grow the transportation capacity. This is because more and more people are coming to the suburbs, which includes Williamson County.

Even the policymakers have to help in this preparation for these transportation needs for the future. This would require flexibility in terms of a building as well as land-use codes. With autonomous vehicles coming in, a lot of such stuff would be required. This would include parking garages as well as roads. These will have to be parking garages of the future with low heights and with multiple levels.

There can be charging stations on a level while a service station on some other. The concept of driverless cars was also discussed here.

Mike Heiligenstein stated that he was not very optimistic about autonomous vehicles as he felt that it would take some time before people start accepting them. Meanwhile, it is vital to enhance the capacity of our roads as well as buses.

This is because even the increased usage of mass transit will not be enough considering the massive rise in population that is expected in this area.