Newark Mayor Ras Baraka recently unveiled the Boyden Project, a $150 million development project to bring affordable housing, a possible new school, shopping, and a health care facility to Newark. WaseemBoraie, Vice President of Boraie Development, is managing the project. Fostering a community is vital to the projects undertaken by Waseem.
In a recent NJBiz article, WaseemBoraie discusses the attractiveness of Newark for development. It is undervalued yet is in a prime location for growth because of its proximity to New York City. WaseemBoraie looks for projects that have long-term potential.
His company combines housing projects with schools, markets, healthcare facilities, entertainment districts, and parks. With a community, a project will thrive. People are outside walking, which strengthens security. Neighbors take pride in their community and keep up their properties. A sense of community improves lives and spaces and ensures long-term success.
WaseemBoraie has experience creating communities in Newark. He oversaw the 50 Rector Park project. The apartment complex opened in 2019 with 169 apartment units located near Newark Penn Station, Whole Foods, and the Prudential Center. WaseemBoraie won the 2019 ARJ Civic Leadership award for his role in improving the lives of Newark residents. Refer to this page for additional information.