Shaq Towers on the Road to Completion in Newark

Newark is set to have one of the highest residential buildings in more than 50 years. The building will have 21 stories with 169 rental units. Many people have been on the lookout to see when the building will reach its full completion. Formerly known as the One Rector Street, everyone present during its topping ceremony just referred to it as “Shaq Towers”. The building is situated along the river in the midst of downtown Newark, 37-39 Rector St.


The project is one of the latest collaboration between the former NBA legend Shaquille O’Neal and Boraie Development. The roof-topping ceremony brought together a host of dignitaries and stakeholders of the same project including Newark Mayor, Ras Baraka, Gov. Phil. Murphy and developers Omar Boraie and Wasseem Boraie. Speaking during the event, Wasseem Boraie termed the project as a major milestone and called upon the partnership between private and public entities in order to develop urban centers.


“I am so delighted with how this project has been conducted,” said Waseem Boraie.” I don’t think we would have come this far without the cooperation of the City of Newark and its leadership. This has been a clear indication that when people join hands great things can be achieved. With our partners, Goldman Sachs, Shaquille O’Neal and several other we have seen seamless operations”, he added.


On his part, Governor Phil. Murphy said that the project was a big milestone for the City of Newark. “This is a special day for the city of Newark and New Jersey as a whole, it is yet another proof that our city is on the rise and for us, the sky is the limit. I would want to assure all investors of our full cooperation and support whenever they think of investing here” said Murphy. You can visit for more info.



Shaquille O’Neal was the last to take the stage and he stole the show by telling people how he grew up in Newark and how his mother used to tell him the greatness of Newark.


Next project for Boraie Development


In addition to the Shaq Towers, Boraie Development and Shaquille O’Neal are yet in another partnership where they are set to launch another major project in Newark. The two partners on Tuesday afternoon announced that plans were already underway to kick-start the construction of a 35-story along McCarter Highway. The two partners revealed that they had invested close to $150 million on the project. To see more you can check out



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Hussain Sajwani and Dubai Goals

Hussain Sajwani is the eminent businessman who put together DAMAC Properties toward the start of the 2000s. DAMAC Properties is the name of a widely acclaimed business that focuses on the development of properties around the planet. He’s DAMAC Properties’ Chairman and face in many ways. This Middle Eastern entrepreneur is an alumnus of the United States’ University of Washington. His focal point at the school was industrial engineering. He learned a lot about economics as well.

Hussain Sajwani views the metropolis of Dubai in the United Arab Emirates as his in-depth muse of sorts. He thinks carefully about it and envisions where it’s going to be in a decade. If he identifies promise in something, he goes after it. He works hard to make his objectives come to fruition. He doesn’t worry about things ever going wrong. This is part of the reason he’s been able to achieve so much for DAMAC Properties. Hussain Sajwani doesn’t let apprehension affect his plans in any way.

This company head has a lot of enthusiasm for the Internet world. He focuses heavily on social networking platforms. He likes digital marketing in general, too. He pays a lot of attention to online marketing and its nonstop overhauls and advancements. Social media is a topic that’s endlessly riveting to Hussain Sajwani. He thinks that digital marketing is something that possesses strength that essentially is unstoppable.

Hussain Sajwani is fond of frequent travel. He thinks that traveling helps stimulate his mind. He enjoys being able to view things as other people do as well. He regularly reads literature that involves culture and history. He appreciates the fact that he can get so much out of assessing the past.

Sajwani purchased a photobook book that involved Dubai not too long ago. It showcased the appearance of the large city half a century ago. He viewed the book and focused on all of the accomplishments Dubai has brought to the table.

Hussain Sajwani never dwells on errors. He thinks that they contribute to the creation of his character and identity. He thinks that achievements do the same.

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