Sam Boraie: Performing Real Estate Development and Charity Work in New Brunswick

Sam Boraie is a notable businessman and a philanthropist who is achieving his family’s vision of redeveloping New Brunswick. He is considered one of the town heroes who saved the city from blight in the 1960s – 1970s. This was a very rough time that left burnt out buildings and fearful inhabitants who fled to the nearest suburbs.

Sam Boraie serves as the vice president of Boraie Development, LLC, a real estate company that focuses on various areas of the urban real estate market. At the family business, Sam is tasked with identifying new development projects that will benefit the metropolitan area. Under his leadership, the real estate firm has expanded their projects to Newark and Atlantic City. According to Bloomberg.com, this incorporates real estate planning and involvement in philanthropic activities that improve people’s lives and encourage economic growth.

http://www.njbiz.com/article/20141230/NJBIZ01/141239989/the-visionary-omar-boraie-has-seen-the-potential-of-new-brunswick-for-four-decades

Philanthropic Activities

1) State Theatre New Jersey

Despite being interested in the company’s activities, Sam Boraie is also devoted to assisting New Brunswick through charity work. He serves as a trustee of the State Theatre New Jersey which is a nonprofit theater situated in New Brunswick. The theater hosts movies, performances, workshops, artist residencies and other activities. Besides this, the theater is nationally recognized for providing education and outreach programs that touch the lives of almost 3,000 families, teachers, and students.

In 2014, the State Theatre Benefit Gala acknowledged four honorees, one of them being Boraie Development for their joint effort in raising more than $765,000 for the arts center. The theater’s 25th anniversary recorded the highest funds raised since its establishment 25 years ago. The proceeds from the Gala support artistic and educational programs hosted at the State Theater.

2) Elijah’s Promise

Mr. Boraie is also a member of the advisory board at Elijah’s Promise, a nonprofit organization that uses food to alleviate hunger, break the cycle of hunger and change lives in New Jersey. Sam and other members of the board are responsible for providing advice on concerns raised by the management of the organization. They also monitor business performance, offer a social networking platform for the management and the company and provide unbiased ideas and insights from a third party-point-of view.

The organization runs a community kitchen, catering business, and culinary arts school. They strive to fight hunger by providing good food, education and job training for the food sector as well as develop food businesses that help create a better world.

The volunteer-run soup kitchen works in close collaboration with the New Jersey community to organize fun events for families. For example, they host the Annual Race against Hunger & Chili Cook-Off which occurs every November of the year. After the race, attendees are served with great chili dishes from volunteers and staff.

References:

https://www.crunchbase.com/person/omar-boraie#/entity