During the topping off ceremony of the first-ever residential building, One Rector Street, the NBA Hall of Famer Shaquille O’Neal recalled how his mother would tell him about how the city was once beautiful. His mother longed for some help, especially investors who are willing to make Newark great again.
O’Neal returned to his hometown to celebrate the completion of the top floor of his 20+ story building that contains almost 170 market rate apartments. There will also be more retail stores in the area of Rector Street.
Among the top contributor to the residential high-rise are the mayor of the city, Goldman Sachs, and Boraie Development. O’Neal discussed to the attendees and the press during the ceremony how Boraie was like the Kobe Bryant of real estate development for him. He said that he had found a partner that he can trust when it comes to his plans for the building in Boraie.
The Vice President of the company, Wasseem Boraie expressed how special that day was for them. The company is genuinely proud of its achievements, mainly because it is a part of history. It is the first high-rise in the city in over 50 years, and it showed the difference and the progress that Newark has gone through over that period.
According to NJBIZ, Boraie has always been a part of rare moments in the city. In fact, the company is the same one that worked on some of the buildings in the area, including a few towers. The only change is that the people assigned on the project now are the younger generations of those who led the construction 50 years ago.
Boraie Development is a company that offers various services in the urban real estate, such as real estate development, marketing, and property management in New Jersey. For several decades, they are the institution that many locals trust not only for their experience but also for the knowledge and care they provide for the buildings and homes in New Brunswick area. Check out re-nj.com
The company has a team of specialists with all the know-how in financial institutions. The staff also works with architects and helps them come up with a vision for the future. The firm also provides professionals for contractors who make sure all the projects meet the specified deadlines.
Shaquille O’Neal has put his trust in Boraie for his Shaq Towers, which provide spectacular city views and state-of-the-art facilities.