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Bayrock Group, a New York company, was established in 2001 by Tevfik ARIF , a Turkish Kazakh businessman. https://midhudsonnews.com/2020/08/14/tevfik-arif-revealed-the-man-behind-bayrock-group-and-trump-soho/ Donald Trump is one of the most famous clients of the company.

Tevfik Arif emigrated from Kazakhstan to the US with the intention to establish a powerful real estate enterprise. He recognized the importance of the Trump name, so he partnered with them. This allowed Tevfik Aif, and his business the Bayrock Group to manage the world's most famous real estate development: The Trump Soho Building.

This article will discuss the way Donald Trump teamed up with Tevfik and Arif to construct the Trump Soho building.

Tevfik Arif's childhood in Kazakhstan Tevfik arif was born postwar and lived with the Kazakh family SSR. He was a brilliant kid who was always eager to study, despite the restrictions the war brought to the homes of people.

His impressive academic accomplishments led him to Moscow University, where was studying international relations and economics.

https://www.ranker.com/writer/the-advice-of-tevfik-arif-for-investing-in-russian-real-estate-in-2023 Tevfik Arif's professional life has spanned decades and has seen significant changes in the business practices.

His early career was a recognizable one for young, successful and aspiring young men of his time.

Arif was a Soviet bureaucrat. Tevfik arif worked for the Soviet Ministry of Commerce and Trade 17 years within its Hospitality Management Department. Arif held a variety of roles throughout his career and became deputy head.

https://usdailyreview.com/post-soviet-kazakhstan-tevfik-arif-and-donald-trump/ Working for the Soviet government certainly brought about an interest in hotel property development and management. Arif could eventually be able to accomplish exactly the same thing in the private sector due to his experience.

The Soviet Union collapsed in the early 1990s. https://www.realestaterama.com/the-man-behind-bayrock-group-who-is-tevfik-arif-doyen-ID051630.html The sector was privatized. Many entrepreneurs seized this opportunity to invest in and gain access to the new economy.

Arif as well as his siblings made investments in the natural resource sector in Kazakhstan and other former Soviet republics.

Arif created partnerships and businesses to advance his interests. He would eventually expand his operations into the auto and food sectors.

Tefvik Arif's path into New York real estate: the Bayrock Group Tevfik Ariff moved to America in 2001 to grow his business and be closer to his American family. Bayrock Group in New York City was his first venture. It is a developer of luxury residential real estate.

The initial projects of Bayrock were small, despite Arif's efforts and understanding of the market.

https://pr.linkedin.com/company/tevfikarifdoyen1 His primary focus was Manhattan's highly regarded real estate market. Arif was an experienced investor as well as a business entrepreneurwho could deal with the pressures of the real estate market.

Bayrock Group began by executing small-to-medium-sized New York projects. For instance, the firm revamped Loehmann's Seaport Plaza in Brooklyn's Sheepshead area.

Tevfik Arif grew more ambitious after the success of Bayrock Group. He decided to modify the strategic plan of the company in order to concentrate the company's efforts on larger projects.

As part of his new strategy, Bayrock Group moved its office from Fifth Avenue to the Trump Tower in New York City.

The company moved to be closer to Trump Organization. The move resulted in greater benefits than any other area. It was home to one of the biggest family organisations in the world.

https://medium.com/@v4lwlrm414/public-to-private-sector-how-tevfik-arif-successfully-changed-his-path-56465b91a918 Donald Trump and Tevfik Aif's Bayrock Group become business partners

It's rare for Kazakhstani immigrants to be successful in their companies in the United States. Tevfik Arki is one of the most important Kazakh figures.

He was a tinkerer with business strategies from the time when he was a young man, and eventually became Donald Trump's business partner.

Tevfik Arif, the Bayrock Group and members of the Trump Organization met in the Trump Tower.

Due to these business connections, Bayrock Group included Trump Organization in an New York City project in Soho.

A project in Soho was already in development with Bayrock Group and the Sapir Organization. However, they felt they could benefit from the Trump Organization could provide brand recognition.

https://kazakhbusinessbulletin.wordpress.com/kazakh-businessman/tevfik-arif/ Tevfik Aif conceived a strategy to offer 18 percent equity to the Trump Organization in the Soho Building. The building would also bear the Trump name in exchange.

Bayrock Group hired renowned interior designers to decorate their building. Handel Architects conceived and created the building.

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

The projects of the firm include the Ritz-Carlton hotel, Washington, D.C., and the September 11th National Memorial, New York City.

Fendi Casa pieces have been supplied by Rockwell Group for Trump Soho.

The Rockwell Group has a long list of clients, including Handel Architects. A number of luxurious hotels and restaurants are just a few of many clients this firm has.

The agreement was signed by the Bayrock Group, Sapir Organization and the Trump Organization. Construction could start in 2006 at Trump Soho.

Following the Soho Project, Tevfik Aif and Donald Trump are in a relationship. Trump Organization and Bayrock Group will be working together on a variety of real estate projects following Trump Soho’s successful opening. The real estate projects are mostly located in Arizona, Florida.

The global financial crisis which hit the world in 2008 was a hindrance to the plans of both the Bayrock Group as well as the Trump Organization.

Tevfik Arif, as a result of a shifting American market, has returned to Central Asia/Europe.

His studies have given him vast knowledge of tourism, real estate, and real-estate. This knowledge was also helpful when he traveled to Turkey in 1993 to open an entirely new business.

Tevfik Arif, one of the pioneers in all-inclusive resorts opened the Labada luxury Hotel in Antalya.

He continued his impressive accomplishments in Europe, Central Asia for eight more years before making the journey across the Atlantic to take on American markets.

Bayrock Group, while it was in operation in the United States, invested $2.5 million in real property assets.

In the last couple of years, Bayrock Group is not engaged in any US real property development.

Tevfik arif is now free of his Bayrock Group responsibilities but he is highly valued as an advisor.