Category Archives: Business Leaders

How Boraie Development is Changing Newark’s Skyline

A month ago, a topping off ceremony was held for the new One Rector Street, the first high rise in Newark for the past half-century. Formally, the development is known as the One Rector Street; however, most of the residents call it Shaq Towers because it is the brainchild of Shaquille O’Neal. The development has 21 stories and 169 rental units. Omar Boraie developed this addition to the skyline and facilitated by former NBS Superstar, Shaquille O’Neal. The ceremony that marked the topping off was attended by Shaquille, Newark Mayor, Ras Baraka, Omar and Wasseem Boraie. Speaking at the event, Wasseem Boraie called it a step in the right direction and added that great things happen when public and private sectors come together.

 

Wasseem added that this was a partnership that wouldn’t have been possible if it were not for the cooperation of the city of Newark. He expressed his gratitude to the Mayor, and also the governor of the state for making the process easy. He also stated that having their partner, Goldman Sachs on board, made the project very easy to manage. He confided that if people wanted things to happen in terms of development in New Jersey, they would have to think about private-public partnerships. For more details visit Bloomberg.

 

Murphy also spoke at the event and stated that this was a great step ahead for the city. He noted that this was an indicator that the city was on the rise and that there was a transition taking place, making Newark better by the day. Shaquille O’Neal also spoke at the event. He said that projects like the Shaq towers were not public for him and that they were personal. He added that Newark, being the city where he was born and raised, would always have that special place in his heart. He told a story of what had inspired him to invest in the city. His mother had told him of a time when the city was beautiful and urged him to be the person who invested in making it beautiful again.

This is one of the many projects that Shaquille and Boraie have planned for the city. They disclosed that they were planning another 35 story mixed use development in the middle of the city. The building is set to have 350 units and will be in the middle of the McCarter Highway. Boraie feels that it is the right time to invest in Newark; and that the residents will have a lot to gain from the projects. You can check out Yahoo to see more.

 

Read more: http://www.nytimes.com/2005/03/06/realestate/at-two-extremes-of-a-housing-market.html

Shervin Pishevar Predicts Future Economic Trends

Current Economic Position

 

The economy of the United States is healthy. Unemployment rates are at the lowest point in many years. There are even some industries experiencing a labor shortage.

 

The vast majority of investing professionals believe that the stock market will continue increasing in value for the foreseeable future. However, Shervin Pishevar recently made a series of predictions related to economic growth. He firmly believes that the United States is going to experience an economic contraction.

 

Early Career

 

Shervin Pishevar is a renowned investor who has years of experience running a hedge fund. He was an early investor in various technology companies. His most significant investment was in Uber. After making millions of dollars as a venture capitalist, he now spends his time helping investors manage their money.

 

Shervin Pishevar recently made the news when he spent an entire day tweeting numerous economic predictions. He thinks that the stock market is going to collapse and that the economy will take many years to recover. If he is correct, millions of people are going to be impacted in the coming months.

Stock Market

 

For the vast majority of investors, the stock market is the easiest way to save for retirement. Most people have a 401(k) option through their place of employment. Few investors understand how volatile the stock market can be.

 

In the last recession in 2008, the stock market lost nearly half of its value in just a few months. To prepare for a potential crash, Shervin Pishevar is warning clients to diversify into other asset classes.

 

Gold

 

Unlike many investment professionals, Shervin Pishevar recommends that people invest a substantial percentage of their portfolio into gold. He thinks the value of gold will increase tremendously in the coming years. Gold increases in value during times of economic calamity.

 

https://thenextweb.com/insider/2013/02/10/living-the-dream-menlo-ventures-shervin-pishevar/

An Overview Of The Healthcare Industry And Drew Madden’s Contributions In Shaping It

Good healthcare is the backbone of a stable economy of any country. The healthcare industry serves as a platform where many opportunities to improve the world exist. Enacting a successful business in the healthcare domain does not only mean creating a billion-dollar company but also saving and improving the lives of many people. One of the primary factors as to why healthcare is a lucrative industry to invest in is because it is a massive industry in the U.S. estimated to have a $3.35 trillion market value. Although it is such a huge industry, it is ever growing thus giving many entrepreneurs an opportunity to invest. Moreover, the healthcare industry is open to innovations hence there is no set limit for the number of entrepreneurs entering this sector. With big regulatory shocks, slots for new players in the healthcare industry are increasingly becoming open.

 

The ever-expanding health tech space is gradually becoming filled with many technological companies which are striving to make this industry consumer friendly. It is a move motivated by companies such as Amazon with are renowned for being consumer-friendly. With an entry of these technological companies, more people are expected to benefit from good healthcare. Companies such as Aetna, CVS, and Amazon reach many people across the country thus the move of delivering consumer-friendly business models and technologies will ensure that millions of people benefit by living longer lives and in good health.

 

With demand for provision of consumer-friendly services in healthcare, there is a need of seeking the right expertise. Drew Madden is an individual who strives to impact a positive change in this industry by offering services such as building good company culture, improved client partnerships, and creating competent teams. Drew Madden’s impeccable knowledge of health IT entrepreneurship has assisted him in achieving an unsurpassed performance record in Nordic Consulting Partners. Drew Madden joined this firm in the year 2010 but served as its president from 2011 to 2016. During his tenure, the company saw an increase of client partners from three to one hundred and fifty. Moreover, the annual revenue of Nordic grew from $1,000,000 to $130,000,000.

 

Drew Madden’s incredible performance led to the creation of more employment opportunities which led to an increase of the employees 10 to 725.

 

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