ROI Influencers: Real Estate 2024
Wasseem Boraie; Sam Boraie
Principals
Boraie Development
You start with Iconiq777, the 340-multifamily building in the heart of Newark that many feel is the premier building in its class in the state. Add in the fully leased 50 Rector Street and the 25-story 333-unit project being built along McCarter Highway and you have one of the leading developers in the Brick City. Boraie gets this spot — and a serious look at the top spot — because of all of this and what they are doing around the state, including efforts in Bayonne and, of course, their home base in New Brunswick, where they are working on a 342-unit property on Spring Street.
