José Auriemo Neto is one of the most popular Brazilian businessmen. He has vast interests in the development of properties and is the current chairman of JHSF properties. He is also the chief executive of the company and has seen his company grow from scratch to the giant properties agent it is in the present day. His company has been in the forefront of building properties in several properties in Brazilian towns. His projects majorly include office blocks, new residential houses, shopping malls, and public developments as well.
Some of the most notable projects he has undertaken in the recent past include the Cidade Jardim shopping complex -San Paulo, Ponta Negra shopping center – Manaus, Bela Vista in Salvador, and Metrô Tucuruvi.
The group’s first venture was JHSF’s Cidade Jardim shopping complex. This was in 2009 when the company entered into an agreement with Pucci, Hermès and Jimmy Choo. This is perhaps one of the company’s most successful partnership agreement to date. The construction of JHSF’s Cidade Jardim shopping complex put José Auriemo Neto on the front lines of Brazilian real estate.
Later, José Auriemo Neto through his company also secured finances and was able to construct the Valentino and the Red Valentino shopping complexes. The group seems to have had increased appetite for investment in prime and luxurious properties. While the past two years have not been very successful for business in the real estate, José Auriemo Neto has remained steadfast in his quest for better business deals. All along the company has been posting yearly profits despite the hard economic times.
José Auriemo Neto went to the Fundação Armando Alvares Penteado (FAAP) University based in San Paulo. He began working on his company in 1993 as soon he left campus. During his tenure, the company has also been able to introduce a parking lot management application known as Parkbem. This venture was a success and gave him a platform for building even bigger platforms. Other large projects that preceded Parkbem include the Santa Cruz- a luxury shopping mall in Santa Cruz.
José Auriemo Neto is the face of real estate in the Brazilian capital.
New Jersey has taken the brunt of a lot of jokes for decades. The state has been a haven for alleged mob activity, and crime. Cities like Trenton, Hoboken, Jersey City, Newark, and New Brunswick were practically abandoned in the 1960s. The mass exodus to the suburbs turned the downtown areas in those cities into vacant, drug-infested melting pots. The politicians in New Jersey knew they had to bring cities like New Brunswick back to life, so a state economic development council was formed to search for an answer. But one man already had the answer. Omar Boraie started buying property in downtown New Brunswick in 1972. Sam Boraie had a vision for New Brunswick. Johnson and Johnson headquarters are downtown. And Rutgers State University is still attracting students to New Brunswick from all over the country.
Sam Boraie and his team decided to develop the 21 vacant building that Boraie Development LLC purchased in the 1970s. The Albany Street Plaza Tower One was the company’s first attempt to attract businesses to downtown New Brunswick. The 250,000 square foot office building got off to a slow start, but when the building was completed in the 1980s, business people got interested. Albany Street Plaza Two was added a few years later because of the interest. Boraie Development moved the company’s offices to the Albany Street Plaza Tower Two in the early 2000s. The next Boraie project was One Spring Street, a 17-story residential building with New York City style. The Aspire Building came next. The Aspire Building is a luxury New York City type condo and office building in the heart of New Brunswick. In a matter of two decades, the Boraie family turned the New Brunswick downtown disaster area into a thriving inner-city.
Read more: Sam Boraie – Vice President @ Boraie Development
Sam Boraie, one of the vice-presidents of Boraie Development, has been instrumental in bringing New Brunswick back from the poverty stricken netherworld. Sam has also been the catalyst for starting projects in Newark and Atlantic City. Shaq O’Neil called Sam Boraie when he came back to his Newark roots. Shaq asked him to help develop the One Riverview Building in Newark. The One Riverview Building gives residents a bird’s eye view of New York City. Newark’s first high-rise building, the Rector Street Building, is another Boraie project. Sam Boraie also played a role in starting the development called the Beach at South Inlet in Atlantic City. Sam Boraie is one of Omar’s most visible children, but all the Boraie siblings work together.
The projects that Boraie Development completes is an impressive number. But Sam Boraie work with the New Brunswick State Theater and the nonprofit, Elijah’s Promise is equally impressive. Sam sits on the board of both of those organizations. He is very involved in the fundraising events that Elijah’s Promise puts together every year. And, he contributes time and money to the State Theater. Sam Boraie has become the face of Boraie Development in the state of New Jersey. Sam works, so others can live comfortably in the state he calls home.
Read more about Sam Boraie on NJ Biz.com