Category Archives: Improving Cities

Perry Mandera’s Significant Entrepreneurial and Philanthropic Works

Perry Mandera has significantly shown how much of a determined entrepreneur he is. His entrepreneurial skills have led him to transform his small logistics business to a large company operating all across the US (Bing).

Beginning his now nationally operating transport company from a small business which had only two trucks and a few employees has proved how much hard working and determined he his. The Custom Transport Company now owns a fleet of more than 2000 vehicles and has employed over 100 employees. Perry Mandera began his journey as an entrepreneur after he was honourably discharged from the marines. His tasks were mainly logistics where he was tasked with sorting pieces of military equipment for transportation.

After his discharge from the army, Perry Mandera focused all his knowledge on logistics to start logistics business. By 25, Perry had become a successful business enterpriser and years later developed it into the company it now is. The Customs Company receives an annual sale of more than US$200 million and has been certified the ISO 9001:2008.

Apart from being a soldier and entrepreneur, Perry Mandera was elected the Republican Ward Committeeman for the 26th ward in Chicago in 1984. He, at that time, served for four years and as the youngest Republican Ward Committeeman. Perry Mandera has also been doing philanthropic works for the people of Chicago and the whole nation. He has created few branches of The Customs Company for charitable work.

Custom Cares Charitable Inc is an example of one branch known for helping disaster-stricken victims. Perry has also used The Customs Company to supply food for the California wildfires victims as well as the hurricane Katrina victims.

Perry Mandera has also been known for coaching young people in football, baseball and basketball teams. Perry Mandera has received several accolades such as an award from ITA. This award was handed down to him for his management in integrating the latest technologies into his operations in his businesses.

He was also named the “Top 100 American Transportation Executives of the Millennium.” Mandera admits that he only sleeps for four hours a day to fit in all the activities of his day on his schedule.

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Choice of Residential Projects Outdoes One Big Building in Newark

Newark is a city on the rise. Insiders from the construction and investment sector believe that the city is receiving simultaneous projects that will help in creating a market as well as giving different real estate options for potential residents.

The message given by commercial real estate leaders at the 2015 Newark CRE summit, as was published by NJ Biz on July 21, 2015, is that the city is expecting a series of construction and investment opportunities that will provide the residents with a collection of projects that will provide options to prospective residents and create a market.

Newark currently boasts of 5-10 major class A projects in the construction sector. This comprises of thousands of units. According to Wasseem Boraie, The executive vice president of Boraie Development LLC, the model of providing choices that have proven to be effective in other cities such as Jersey City and New Brunswick will bring about more investment opportunities as well as private capital to Newark.

It has to be noted that panelists have agreed on the opinion that opportunities turned projects would take some time before any benefits from them can be experienced. Richard Tucker, the CEO of Tucker Development, has echoed this concern. Tucker’s firm is one of the leading investors in the city with completed and ongoing projects valued at about $130 million.

Even with the challenge of bringing these projects to the finish line, some investors believe that the current momentum of the city will attract the real estate investors looking to exploit opportunities in Manhattan and around the Hudson waterfront. Jose Cruz, a senior managing director with brokerage firm HFF, agrees with this notion. He has also admitted that there haven’t been enough investment opportunities to date to bring about the large capital. He is hopeful though that his firm could redefine the market and show exactly where the capital wants to be.

Boraie Development has been at the forefront of development in New Jersey especially in terms of real estate. Omar, the president of this company, started rebuilding the city at a time when people thought he was crazy. Nonetheless, his company has brought about the change and development that is needed.

Boraie Development LLC started their influence on development in the city of New Brunswick with the construction of Albany Street Plaza Tower One. Tower two was later created in 2003 to help the city increase its number of class A offices. Boraie Development LLC’s management then constructed top class residential units, as a measure to meet city’s real estate needs perfectly.