Boraie Development LLC has been in operation for more than three decades in New Jersey. The company specializes in diversifying its activities around urban commercial and residential real estates. It works with prominent financial institutions to fund its projects. Boraie Development is also involved in the management of property activities such as physical maintenance and improvements. Lastly, the company offers sales and marketing services where it has managed to sell property worth millions of dollars.
With the numerous projects Boraie Development has overseen, The Aspire is among the company’s pride. The Aspire is a beautiful and outstanding tower located at the very center of Brunswick on 135 Somerset St. and near the city’s train station. It is situated in an ideal place for renting with numerous entertainment centers, health treatment facilities, and educational institutions.
The Aspire has 238 luxurious apartments from studio to two-bedroomed compartments that have spacious gourmet kitchens, closets, and bathrooms. Windows of a considerable size allow clients to enjoy natural light any time of the day. Balconies overlook a spectacular Raritan River and the city that is greened with sparse vegetation. The apartments range from $1,650 to $2750 in rent monthly.
The One Rector Street project, a high-end residential facility, is a result of an agreement by two partners; Shaquille O’”Neal and Boraie Development. With permission from Newark’s authorities, groundbreaking for the complex began in early 2013 with funding from a few well-known Newark-based investment institutions. Construction activities commenced several years later in 2017 after 2013’s initial groundbreaking.
One Rector Street is situated in Downtown Newark, next to McCarter Highway, near the Newark Light Rail and close to the Passaic River. The facility is built to have 169 compartments for rental purposes, a considerable size of ground floor retail space and a big parking space. The aim is to finish the project by the end of March 2019.