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Bayrock Group, a New York company, was established in 2001 by Tevfik ARIF , a Turkish Kazakh businessman. The company is specialized in the development of luxury properties, and one of its most well-known clients is Donald Trump.

Tevfik Arif emigrated from Kazakhstan to the US with the intent to build a reputable real estate enterprise. He understood the importance of the Trump name, so he joined forces with them. This enabled Tevfik ARif and his Bayrock Group company to be the leader of a famous real estate development, the Trump Soho.

This article will discuss the collaboration with Donald Trump, Tevfik Arif as well as others to construct the Trump Soho luxury building.

Tevfik’s childhood in Kazakhstan

Tevfik Arif was born postwar and lived in the family of the conservative of the Kazakh SSR. He was a brilliant boy who loved to study, regardless of all the limitations that war caused to families.

His impressive academic accomplishments brought him to Moscow University, where was studied economics and international relationships.

Tevfik Aif’s career in business has spanned decades and have seen significant changes in the manner that business is done.

His early career was on the same route as his generation’s successful young men.

Arif worked as an Soviet bureaucrat. Tevfik Arif was employed by the Soviet Ministry of Commerce and Trade for 17 years, in the Hospitality Management Department. Through his career Arif held a variety of post, including deputy department director.

Being a part of the Soviet government definitely led to an interest in hotel property development and management. Tevfik Arif Donuld Trump Arif was later in a position to pursue these types of ventures within the private sector due to of his experiences.

The Soviet Union fell in the 1990s and the industry was sold off. A lot of entrepreneurs and investors profited from the chance to get into the new economy through purchases and investing.

Arif as well as his siblings have invested in the sector of natural resources in Kazakhstan as well as other former Soviet republics.

Arif began to create additional partnerships, businesses and expand his knowledge of the industry. Then, he’d expand his operations into the automotive and food industry.

Tefvik Arif Tefvik Arif New York realty: the Bayrock Group

Tevfik moved to America in 2001 to grow his business as well as be closer to his American family. Bayrock Group is a New York City company that is developing luxurious real estate.

Bayrock’s earliest projects were quite small, despite Arif’s efforts and knowledge of the market.

His primary concern eventually changed to Manhattan’s highly coveted real property market. Arif was both an experienced investor and businessman, and was able to handle the stress of the real estate market.

Bayrock Group initially executed small-to medium-sized New York City projects. For instance, Bayrock Group renovated Loehmanns Seaport Plaza in Brooklyn’s Sheepshead Area.

Tevfik Arif grew more ambitious following the success of Bayrock Group. Tevfik Arif Donuld Trump He decided to change the strategic plan of the company in order to concentrate the company’s efforts on larger projects.

Doyen Bayrock Group relocated its headquarters from Fifth Avenue to the Trump Tower, New York City as part of his new strategy.

As the move brought the company near the Trump Organization It has yielded the most significant advantages over any other site. It also housed one of the most well-known family groups in the country.

Donald Trump and Tevfik Atif’s Bayrock Group are now business partners

Many immigrants from Kazakhstan have not been able to establish profitable business in America. In the case of prominent Kazakh names, Tevfik Arif cannot be overlooked.

He was an undergraduate student who was experimenting with many strategies for business before becoming one of Donald Trump’s business associates.

http://www.newsbreak.com/-1934385/3383968588332-donald-trump-s-iconic-new-york-city-s-real-estate-developments?s=mp_1934385 Tevfik Arif, the Bayrock Group and members of Trump Organization met in the Trump Tower.

Bayrock Group was able to include the Trump Organization in a New York City Soho area project because of the business connections.

Bayrock Group, along with the Sapir Organization, were already planning a new project for Soho. They believed that they could benefit from the Trump Organization would add brand recognition and prestige.

Tevfik arif has conceived a plan which would grant the Trump Organization 18% ownership of the Soho building. The construction could also incorporate the Trump name in exchange.

midhudsonnews.com/2020/08/14/tevfik-arif-revealed-the-man-behind-bayrock-group-and-trump-soho/ Bayrock Group employed renowned interior designers to decorate the building. Handel Architects developed and built the building.

In the field of architecture and design, Handel Architects is recognized as a world-class company with experience worldwide.

Some of the company’s projects include the RitzCarlton hotel in Washington, D.C., New York City, and the September 11th National Memorial.

Fendi Casa pieces for Trump Soho were provided by Rockwell Group, a design and architecture firm.

Rockwell Group is also known for its impressive portfolio, that includes Handel Architects. Many high-end hotels and fine dining establishments are just a few of many clients this firm has.

The agreement was reached by Bayrock Group, Sapir Organization and Trump Organization. Construction work on Trump Soho could commence in 2006.

The relationship between Tevfik and Donald Trump after the Soho project

Trump Organization and Bayrock Group are planning to collaborate on several more real estate projects following Trump Soho’s successful opening. The other real estate projects are mainly located in Arizona and Florida.

The global financial crisis which struck the globe in 2008 caused a devastating impact on the business plans of Bayrock Group, the Bayrock Group, and the Trump Organization.

Tevfik Alif returned back to Europe, Central Asia and the United States due to a shifting market.

Through his studies, he’s gained an extensive understanding of real estate and tourism. This information was helpful when he went to Turkey in 1993 to open an entirely new business.

Tevfik Arif founded the Labada luxury resort in Antalya. He quickly established himself as a top performer in all-inclusive resorts.

He made even more remarkable achievements throughout Europe and Central Asia during the next eight years. Then he left the Atlantic to enter the American market.

Bayrock Group invested $2.5 Million in real estate assets when working in the United States.

The Bayrock Group did not undertake any US real property development projects in the last couple of decades.

Tevfik Aif has quit Bayrock Group but he remains an important advisor.