NBA legend and Hall of Fame member Shaquille O’Neal was born in 1972 in Newark, New Jersey. The city has been through its ups and downs over the year, but often the downs outnumbered the ups. In the early 90s, its native son Shaquille became one of the biggest stars in professional basketball and this success led to him to life-changing wealth. Shaquille has always had a huge heart and a huge desire to give back to the community that he was born into. He has always had a big desire to do good in his hometown and to make an effort to add some beautification of the city. To this point, Shaquille O’Neal is the man behind the construction of the first high-rise residential construction to take place in Newark in the last 50 years. The building is located on Rector Street. To accomplish this, he has partnered with renowned urban real estate development firm Boraie. Shaquille and Boraie also have the full support of the city of Newark behind them as well as Goldman Sachs.
According to Patch, Newark civic leaders have stressed that this project is another sign that the city is in a state of resurgence. For his part, Shaquille has had civic revitalization in Newark on his mind as early as when he got his first big NBA contract in the early 90s. He has never forgotten that his mother once told him that someone needed to do something to bring the city back to what it once was. Shaquille O’Neal has been beaming with pride as the project nears completion as he happily poses with city leaders and members of the team at Boraie. This current project has gone so well that Shaquille O’Neal and Boraie have committed to working together on another project that will be constructed off of McCarter Highway.
Boraie Development LLC is a real estate development firm based in New Jersey. The company is well known and respected in the field of urban real estate development. In order to develop the most revolutionary building projects possible, Sam Boraie collaborates with strong financial institutions as well as the top architects in their field today. You can visit crunchbase.com for more details.