Omar Boraie is the founder and principal of Boraie Development LLC, a real estate company that focuses on the development of real estate as well as management and sales of property. Omar is an Egyptian immigrant who came to New Brunswick to further his studies in chemistry. He decided to stay and venture into real estate. Omar is an active contributor to the community of Atlantic City. Last year, Omar participated in the 18 Chair Challenge of Rutgers University, an initiative that seeks to facilitate medical research at Rutgers Cancer Institute. He established Omar Boraie Chair in Genomic Science, which was geared towards the 18-chair challenge campaign. He pledged $1.5 million. The face of genomic science and precision medicine is changing. This is because cancer diagnosis is approached and treated differently. It involves diagnosis and treatment of tumors genetically. This allows oncologists to prescribe personalized therapies for improved outcomes on njspotlight.com. Robert Dipaola, MD, Director of Rutgers Cancer Institute said that Omar Boraie is a traditional contributor to the healthcare projects at Brunswick.
In 2014, Omar Boraie, through his company, Boraie Development, partnered with Shaquille O’Neal to support a Boys & Girls Club with $25,000. The Atlantic City’s Boys & Girls Club had closed down due to a pending debt of $150,000. Boraie Development and Shaquille O’Neal came to their rescue two weeks to the start of a limited summer program. Wasseem Boraie, Omar Boraie’s son and vice president of Boraie Development, said that they were already supporting Newark Boys & Girls Club. Commenting on the contribution that they made, Omar posited that supporting the sport project was the right thing to do. He intended to ensure that the facility runs smoothly.
In 2015, Boraie Development opened a leasing center in Brunswick, New Jersey. The new luxury rental tower, The Aspire, is located steps from the town’s train station. Great dining options, exclusive nightclubs and entertainment characterize The Aspire’s surrounding. Hiam McDonald, marketing director at Boraie Development contended that The Aspire was an ideal spot for the highly coveted lifestyle of trendy renters on boraie.com. The luxurious tower consists of modern and full-serviced apartments with 238 studios, one-bedroom, and two-bedrooms. There is also a private residents’ club with a kitchen, dining table, TVs, Wi-Fi and a balcony. Additionally, tenants have a 24/7 access to the state-of-art-fitness center, which has the most advanced equipment. The Aspire has a reliable concierge system where tenants can easily pay their rent online and get other important services.