Sam Boraie is a successful real estate developer in New Brunswick, NJ. His business, Boraie Development, have transformed the city. He has used his foresight to build a declining city in the 1970s to a rejuvenated, bustling metro area. Boraie was born and raised in Egypt. He earned his degree in chemistry there. He came to Rutgers University, located in New Brunswick to study for his doctorate degree.
He was buying his first home when he caught the real estate bug. He heard that New Brunswick had once been a thriving city. He felt that he could help it return to that state. His company developed the Albany Street Plaza Towers I and II. The buildings gave the city 250,000 square feet of Class A office space. He built The Aspire a residential tower and many other properties that have helped rebuild the city over the years. The Aspire sold out within two months.
After this, the people of New Brunswick started believing in Omar’s vision for a rebuilt city. Omar is quick to point out that he was only one of many, who helped rebuild New Brunswick. He claims there were many who believed the city would come back to life. He says people built up the culture of the city as well.
According to WSJ, Omar became interested in Genomic Science recently. And pledged $1.5 million to Rutgers Cancer Institute for research. He hopes to have the same success for cancer research that he had in real estate. He became interested in helping when he met young cancer patients at Bristol-Meyers Squibb Children’s Hospital. His donation inspired others to get involved and make donations as well. The inaugural chair holder and director of translational science, says that genomics “will someday be a standard part of treating cancer.” Omar and his family will continue supporting Rutgers efforts as well as many other projects.
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