Boraie Development Aspires To Boost Atlantic City!

Boraie Development, a luxury real estate construction company will rejuvenate Atlantic City with their new 250 apartment tower next summer. The developer is in the initial stages of building the major $81 million project that will be known as The Beach at South Inlet. This complex expects to comprise of housing for approximately 50,000 residents as well as multiple promising retail structures such as future Bass Pro Shops, a college campus, and AtlantiCare, to name a few. The astute builder brilliantly opted the remote Atlantic City area of Pauline’s Prairie for future enhancement and diversification. Boraie Development LLC was established by Sam Boraie, an Egyptian immigrant, who also serves as the Chair in Genomic Science Established at Rutgers Cancer Institute. The visionary established his roots in New Brunswick some 40 years ago in pursuit of a chemistry Ph.D. degree. Mr. Boraie took a career detour with an emphasis on real estate ventures-the first being a successful high-end apartment skyrise at One Spring Street in downtown New Brunswick which mirrors statuesque New York architecture. From here, Boraie Development has aimed their creative efforts towards untapped stretches of land and has repurposed them into prime investment properties. For more details visit Bloomberg.

 

This is also true for New Jersey’s Atlantic City. The much anticipated lavish project will revitalize the once austere coastline. Atlantic City currently lacks venues that appeal to the non-gambling sector. Furthermore, it needs increased high-grade multifamily communities. Boraie Development strives to meet these important essentials with The Beach at South Inlet. The complex will feature deluxe accommodations like a modern gymnasium, an impressive pool, and a social reception area for their tenants. Its elegance will draw a wide range of economically secure residents and shoppers who relish in and enjoy new luxury experiences. Check out Central Jersey Working Moms to see more.

 

Their proposal of retail stores will be aligned to complement the already existing businesses in that area. The developer aspires to create a cohesive commerce environment opposed to one of retail competition. Boraie Development LLC is confident and optimistic about its upcoming multi-million dollar project-they feel this will inject a boost in Atlantic City’s culture and economy.

 

 

Read more: http://www.wsj.com/articles/SB1000142405270230452620457909952025609506

Jose AuriemoNeto is a Leading Billionaire Real Estate Mogul who is Transforming Brazil

Jose AuriemoNeto is a billionaire real estate mogul who can be compared to Hong Kong’s Lee ShauKee, Donal Bren from the U.S. and Stephen Ross. Even Donald Trump could be included on this list if he wasn’t the president of the United States. As a matter of fact, Jose AuriemoNeto could be considered the Donald Trump (without the personality) of Brazil.

AuriemoNeto’s net worth is in the billions. More importantly his company JHSF is one of Brazil’s premiere realty organizations. This corporation generates billions in property development and is a leading developer within the nation.

JHSF is the premiere organization that provides millions of dollars in property development in and out of Brazil. They create high-end properties within various cities around Brazil. Rio de Janeiro, San Paulo and Salvador are three leading cities within Brazil where JHSF does its work. AuriemoNeto is the CEO of JHSF. His work is very important to the real estate market inside of Brazil and to the development of the country.

AuriemoNeto uses the JHSF to lead his country into the future. He knows that property development plays a key role in the economic success of a nation. Truth be told, a nation’s economic success is what gives it leverage in the world. So, it is important for a country to have a solid economic foundation if it wants to be competitive economic force. Learn more about him.

Brazil has the world’s 9th largest economy. If this country wants to move up in terms of economic superiority they will definitely have to increase their overall economic value. Land development plays a critical role in this process.

JHFS is on the rise and AuriemoNeto is leading his company into the future of Brazil. He is ensuring that this organization is developing high-end properties that will help to stabilize and transform Brazils society for the better. To know more about him click here.

Shaquille O’Neal Trying to Save the Game in Atlantic City

Shaquille O’Neill, the iconic seven-foot giant who won basketball championships in Los Angeles and Miami, when he dominated at center, during his career in the NBA. His list of achievements both on and off the basketball court is enormous. Shaq has been involved in television, business and investing, and his huge fortune seems to be in good and large hands.

The brand of Shaquille O’Neal is powerful like the star, and he has been perceived positively by his public as a superman, a gentle giant, a man who is not self-centered like many in the sports world, a person who effortlessly makes light of himself and a man who is a humanitarian. Shaq has a strong presence in Orlando and after the economic crash of 2008 sought to help homeowners who were losing their homes in foreclosure.

Shaq is involved with his hometown of Newark and has joined forces with a developer, Wasseem Boraie, in a planned development, The Beach at South Inlet. In an interview with Philadelphia Property the author, Dan McQuade, explained the ramifications of the proposed development. The plan calls for a $61 million apartment complex to be built in the beleaguered Atlantic City area. The proposed construction site is adjacent to the recently closed Revel Casino, and the plan may be to house the staff of the casino when reopened; giving affordable housing, convenient to the casinos. Shaq does seem to have a heart as large as his 325-pound frame for the common man both here and in Orlando.

Boraie says he has additional funding that has been made available, and he is only waiting for the Casino Reinvestment Development Authority (CRDA) to give their okay to the plan.

The ball is now in the court of the CRDA. This area is in serious need of help. Casinos here have lost business to casinos in Delaware, New York, and Pennsylvania. There is also the adverse effect caused by Internet casinos. The choice for the CRDA is a difficult one and time is running out; it’s the fourth quarter and playing with Shaq on your team is much better than playing against the gentle giant.

Read more: http://calvinayre.com/2015/09/24/casino/shaquille-oneal-to-unveil-hybrid-slot-in-parx-casino/