New Brunswick is one of those New Jersey cities that doesn’t get the respect it deserves. The people who live on the East Coast are familiar with this 400-year-old city because Johnson and Johnson, the famous drug and home product manufacturer, calls New Brunswick home. Plus, the old, but remodeled, New Jersey State Theater is part of the long history of New Brunswick. And let’s not forget about Rutgers University. Rutgers is one of the oldest universities in the country. For more details visit Central Jersey Working Moms.
The city has the 1960s migration to the suburbs in its DNA, and the 1970s gang-infested downtown streets are in the city’s genes too. Just like other big New Jersey cities, New Brunswick’s leadership had identity issues, but Egyptian native, and chemist, Omar Boraie knew exactly what New Brunswick needed, and it was a good urban renewal project. Omar Boraie thought the old buildings on Albany Street could be a good investment, so he went out on a real estate limb. He almost bought the entire street, according to a Central Jersey Working Moms article.
In the 1980s, Sam Boraie, the chemist, morphed into Omar Boraie, the real estate developer. That progression was the catalyst for Boraie Development LLC. Mr. Boraie didn’t want the building on Albany Street; he wanted the property so he could build office and apartment buildings. Boraie Development was the first company to turn Albany Street into Albany Street Plaza Towers I and II over the course of the next three decades. The Aspire, Omar Boraie’s luxury high-rise in downtown New Brunswick is certainly New York city worthy. The Aspire has New York-style studio apartments. Plus the large one and two-bedroom apartments make living in New Brunswick feel very metro. Check out Fundacity to know more.
But Boraie Development is not just a one-city real estate development company. Boraie and his three children are active in other New Jersey cities. The Newark luxury condo project, along the river, is one of the most popular Boraie collaborations. Sam Boraie got together with basketball legend, Shaq O’Neil, and they put Newark on the luxury condo map. And Omar wanted to bring some life back to Atlantic City, so his firm bought a piece of property nobody wanted, and it is bringing people back to the gambling mecca to live. The 250-apartment complex is another Boraie luxury complex project, and it has given the gaming mecca a shot in the arm. Check out his website boraie.com
On 15th September 2015, the JMH Development under the leadership of Jason Halpern announced its plan of topping the Aloft South Beach. The opening of the spacious hotel was scheduled for early 2015. The event was to occur in Miami Beach.
Aloft South Beach
The real estate project was developed by the JHM Development with the assistance of Madden Real Estate Company as an adaptive recycle of the Ankara motel. It was to include a revolutionary eight-story building. Plaza Construction company was in charge of the construction project.
The architect of the project was ADD Inc. Aloft South Beach was going to be the first hotel to be constructed in the South Beach from 2009. It offers relatively spacious rooms with the average square foot of 360, unlike its competitors who offer lesser space.
Giving his speech of appreciation, Jason Halpern, the head of JMH Development, said that the team was elated because of the topping off project. He additionally said that topping off of the Aloft Beach was a significant mark of achievement for the company and the whole construction industry. It was the beginning of a positive, massive phase of progress geared towards finalizing and opening the Aloft Beach in the South. The Aloft Beach would provide a waterfront location with direct access to lakes Pancoast as well as Collins Canal. The two geographical features would provide a wrap to the property. The Aloft was to be located in South Beach, a few seconds away from the beach of Miami Centre of Convention, art galleries, museums, restaurants, nightclubs, and boutiques.
With over 100 hotels operating across the world, Starwood’s Aloft provides a modern approach towards the conventional sedate hotel landscape. For the current generation of travelers, the hotel provides revolutionary fun experience in addition to style and different design.
About Jason Halpern
Halpern is a prominent real estate investor and developer. He is the brain behind the management of JMH Development, a family business. The worth of the business is currently $500 million. Under Jason’s leadership, the company developed townhouses in a project called Cobble Hill. Jason remains committed to developing modern buildings for rental and commercial businesses.