Boraie Development Starts Work On Its Latest Apartment Tower

The Aspire, an apartment tower built by Boraie Development, is the latest luxury tower to be built in New Brunswick, New Jersey. There are 24 studios, 170 1 bedroom units, and 58 2 bedroom units in this building. It is located right next to the train station which allows easy access to New York City among other destinations.

This building has many amenities for its residents. Among these are a 24/7 doorman lobby, a sundeck on its roofs with a garden and a space to barbecue, indoor bike storage, and 10,000 square feet of retail space on the ground-level story. There are a number of restaurants near The Aspire as well as opportunities for shopping and enjoying the nightlife. Additionally, it is right next door to the Robert Wood Johnson Hospital, Children’s Cancer Institute.

Sam Boraie is also building a residential tower in Newark, New Jersey. For this project, they teamed up with former NBA player Shaquille O’Neal. Shaquille grew up in Newark where he says he spent a lot of time at a movie theater and the Boys and Girls Club so he could stay out of trouble. He invested in this new residential tower because he wants to see Newark thrive and this $150 million project will help meet this goal.

Shaquille O’Neal says that he will be buying the penthouse in this building, officially named One Rector but known locally as Shaq Tower. This high-rise, the first to be built in Newark in half a century, will also feature retail space on its lowest level and have a roof-deck plaza with space to barbecue. This building was approved to be built in August 2018 and will take 22 months to complete. ¬†You can checkout patch.com to see more.

 

Boraie Development, LLC, is a property development and management firm headquartered in New Brunswick, New Jersey. They specialize in building apartment towers in urban areas. They have been in business for 30 years and were started by an immigrant from Egypt, Omar Boraie. They build their own properties and then manage them, including handling all maintenance and marketing. For more details you can visit crunchbase.com

 

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