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Wasseem and Sam Boraie | The Power List
2024 NJBIZ Commercial Real Estate Power List
NJBIZ STAFF//November 4, 2024//
Wasseem and Sam Boraie | The Power List
2024 NJBIZ Commercial Real Estate Power List
NJBIZ STAFF//November 4, 2024//
Boraie Development
Boraie Development, the family-led, New-Brunswick-based real estate development firm, continues to do big things with brothers Wasseem and Sam Boraie serving as principals, working alongside their father, Omar, who founded the firm 35 years ago. Since then, Boraie Development has overseen transformative projects aimed at revitalizing community in cities like New Brunswick, Jersey City, Atlantic City and Newark.
Over those more than three decades, the firm has become one of the most respected developers in the region – creating communities that attract tenants, residents and financial partners.
Earlier this year, a mixed-income residential project led by Boraie Development was approved for Aspire tax credits representing 60% of total project costs, or up to $90 million – for a 333 residential unit property that will rise across from the New Jersey Performing Arts Center.
