Boraie Development combines Efforts with Shaquille ONeal to Build Properties in Newark

Boraie Development unveiled The Aspire, a modern luxury rental tower, in 2015 for leasing. The tower was up for leasing in the 2015 summer offering trendy renters who are looking for a place that marries convenience with modern design.

The building is strategically located such that while there is beautiful surrounding scenery, there are also necessary amenities to cater for the needs of the renters. Entertainment needs have been well-taken care of with sophisticated recreational facilities. It is located near Robert Wood Johnson University Hospital, Rutgers University’s Downtown City Center as well as Saint Peter’s University Hospital.

The interior design of the building took a lot of thought and planning. The residential spaces have all that trendy renters will ever need and even more. Renters can choose to stay in its one-bedroom or two-bedroom designer apartments. The security of the building is enough to maintain your lifestyle without the fear of getting robbed or disturbed. The parking space is spacious and access to the building being direct.

The Aspire has a luxury resident’s lounge with all the facilities and services you can expect to get from a 5-star hotel. Boraie Development built The Aspire with an aim of bringing a phenomenal structure with rare and modern features to the New Brunswick. It has continued to develop extra-ordinary properties in New Jersey and other parts of the country.

Recently, Boraie Development partnered with Shaquille O’Neal, a former accomplished NBA basketball player, to bring housing development to Newark. The two partners turned an old theater on Springfield Avenue to CityPlex12 Newark after injecting $7 million into renovation of the theater. The prominent New Brunswick developer and the accomplished basketball player are working on other projects in Newark together.

While Mr. Shaquille O’Neal brings his financial muscle and star power, Boraie brings on board years of experience in property development and expertise. Mr. O’Neal gets an undisclosed equity stake as a return for his contribution. They are always working together to take housing development to distressed areas of New Jersey. Shaquille O’Neal does this as a way of giving back to the community that moulded him.

About Boraie Development

Boraie is a New Brunswick-based prominent property developer which has built over one million square feet of both commercial and residential property around New Jersey. Omar Boraie is the company’s patriarch who hails from Egypt where he was initially a chemist. The firm is also conscious about the community around it and how it is governed. It looks to impact the community not only through developing properties but also advocating for good governance.

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