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Boraie Development Commits Its Projects to Develop The Real Estate Sector in New Jersey

In a real estate editorial piece through the Wall Street Journal, the city of New Jersey holds the highest number of wasted mortgages and residential houses. In fact, some of these houses are undergoing foreclosure. For that reason, the entire country is affected. However, the situation can be controlled. New Jersey’s real estate market has been doing well. It means that things are looking up for the city. These transformations can be linked to the past economic crisis and high rates of employment. The positive trends reflect the city’s determination to solve this economic crisis. It is also evident that these economic trends will have a positive impact on home shortages by combating the pricing aspect.


Tackling the issue of demand


The same article deduced a lot concerning home prices in New Jersey. The pricing is meant to appreciate as the demand is vastly rising. In addition to the bottlenecks that prevented the growth of real estate in New Jersey, there is high demand compared to the available supply. The result is the real estate developers being challenged to come up with viable solutions. One of these solutions is coming up with more houses to cover the gap between supply and demand. Towards this end, buyers are looking forward to purchasing more homes.


Boraie Development’ Profile


New Jersey’s real estate market is looking at multiple ways to grow. One strategy is investing in a property developer. In this scenario, Boraie Development is a perfect choice. In most instances, Boraie Development has always come through to develop luxurious property. Be it commercial or residential, Boraie Development has achieved significant success. The firm’s portfolio harbors unmatched success in terms of property management, sales, marketing and home improvements. What is more, Boraie Development boasts of reliable team managers who can be trusted to deliver exquisite results.


Boraie Development’s Projects


Boraie Development has been working on multiple commercial projects. Amazingly, all these projects have been successfully executed. From architectural designs, to social amenities, features a firm team that executes its duties appropriately. For over three decades, the company has closely worked with talented property developers to provide its clients with leading structures. Perhaps the company’s success is solely attributed to the management.


The Achievements of Boraie Development


Boraie Development, under the guidance of its leader, Omar Boraie, developed New Brunswick, a town in New Jersey. This is a leading project that most individuals were not sure would be a success. Surprisingly, the company succeeded in transforming the city into a high-end , residential area. Visit the company’s website at

Jason Halpern and JMH Development: Working in the Past for the Future

Jason Halpern is a third-generation real estate developer and philanthropist who brings a life time of passion and insight to the industry. He began his career at his father’s Westchester development firm, Halpern Enterprises. He later founded his own full-service real estate firm, JMH Development (JMH), a pioneer in the development of unique and well-positioned properties in burgeoning markets.

Jason Halpern: Born to Develop Property

The Halpern family acquired over 50 years of real estate experience with hundreds of residential properties developed in New York City and Westchester County, New York. Jason’s unique experience and skill has allowed him to continue the family’s impeccable reputation. In 2011, he received the Building Brooklyn Award in the Adaptive Reuse category, and he continues to build rapport within the cities that he develops in.

Jason’s specialty is historic buildings and building in historic districts. He is sensitive to the historic aspects of the buildings and their communities. Some of JMH Development’s historically significant projects include the 235-room luxury hotel Aloft South Beach in the heart of Miami Beach (formerly the historic Ankara motel), a converted turn-of-the-century waterfront warehouse at 184 Kent Avenue in Brooklyn, and the Townhouses of Cobble Hill in Brooklyn’s landmark Cobble Hill neighborhood.

Jason Halpern with his Working Mates

In addition, JMH is working with Madison Estates to renovate the Brooklyn Heights Cinema into luxury condos, and more recently, JMH is working on a deal with Kushner Companies to develop condos from the Wild Turkey bourbon warehouse in Williamsburg.


Jason’s Family

Not all of Jason’s innovation and energy is in property development for profit. He is seriously invested in the Joel A. Halpern Trauma Center at Westchester Medical Center, a Level I Trauma Center that offers open-heart and complex emergency surgeries. The center also reattaches severed limbs, cares for burn victims and cares for patients with life-threatening internal injuries.


Another charity project JMH launched in 2015 is a partnership with Charity: Water, a non-profit organization that provides safe drinking water to developing nations. JMH Development donates $20,000 of every contract signed at its Three Hundred Collins residential development. The donations go to water project funding in Ethiopia and Nepal, bringing clean water to more than 650 locals.



Town Residential: The New Standard Of Excellence

Fast-growing 3-year-old residential brokerage company Town Residential is in the process of opening its 10th outpost. The firm recently signed a 15-year deal to open an office in New York’s meatpacking district. That office will be used to cover deals in the housing markets from Hudson Yards all the way down to TriBeCa. This provides the brokerage with easy access to the swath of important residential neighborhoods that run along the Hudson River. The new office is mere steps from the story-high park. Town CEO Andrew Heiberger said brokers can take clients to appointments on the High Line.



The company’s newest office is a 7,100-square-foot space that encompasses the building at 446 W. 14th Street’s entire second floor. The lease for the new space is for 15 years. The new office space has 16-foot ceilings along with access to the three-story building’s private roof-top deck. It continues the flair Andrew Heiberger has shown ever since he began building the Town brand. The brokerage has been positioned for high-end sales and the new space is designed to differentiate itself and appeal to the best brokers as well. It’s the only brokerage offering outdoor space for brokers to work with clients.


According to Heiberger, boutique brokerage Thomas & Ingram will join Town and move into the newly acquired meatpacking-district branch. Thomas & Ingram handles sales deals of properties located in the West Village. Town is also moving its small office in the West Village on Horatio Street into the new space. The new office is at one of the High Line’s main entrances. That entire area has become one of the hottest residential neighborhoods in the city. As more condo building have been built near the park, the area continues to grow. The new Town office is right in the middle of it.


Town recently opened several other high profile locations. Its headquarters is now near Union Square at 33 Irving Place. The company also opened an office in Greenwich Village at 530 LaGuardia Place. The owner of the building in the meatpacking district where Town’s newest office is located is Thor Equities, Town’s parent investor and among New York City’s largest retail space owners.


Founded in 2010, TOWN Residential has quickly become New York’s foremost real estate services firm for luxury residential sales. It’s known for unparalleled representatives, best-in-class customer service and seamless execution. The firm specializes in marketing, leasing and sales of residential, commercial and retail properties and property developments. Town has received accolades including being among the Top 50 Best Places to Work in New York City and Best Firm to Work For. With its professionalism, unrivaled support and expertise, the company is the industry’s new standard of excellence.