Notes

Tevfik and Donald Trump partner to build Trump Soho

Bayrock Group, a New York-based business founded by Tevfik Amir who is a Turkish-Kazakh entrepreneur. https://m.facebook.com/p/Tevfik-Arif-Bayrock-100078020917647/?locale=de_DE Donald Trump is one of the most prominent customers of the company, which specializes in luxury property development.

Tevfik Arif fled Kazakhstan to the US with the intention to build a reputable real estate business. He recognized the importance of the Trump name, so he partnered with Trump and the Bayrock Group. This allowed Tevfik Aif, and his business Bayrock Group Bayrock Group to manage the world's most famous real estate development that is the Trump Soho Building.

This article will provide more details on the way Tevfik Arif and Donald Trump collaborated to build the lavish Trump Soho building.

https://www.charlesbridge.com/pages/fiona-bayrock Tevfik Atif's early life and experiences in Kazakhstan
Tevfik arif was born after the war and was part of the Kazakh family from the Soviet Union. He was a talented child who loved to study despite all the restrictions placed on his family by the war.

His outstanding academic accomplishments brought him to Moscow University, where he was a student of international relations and economics.

Tevfik Arif's professional life spans decades and has seen major shifts in business practices.

His early career followed the usual path of the generation of successful, young, and aspiring young men.

Arif worked in the Soviet government bureaucracy. Tevfik was employed for 17 years by the Soviet Ministry of Commerce and Trade in its Hospitality Management Department. He was in many positions throughout his career and rose to the position of deputy head.

The Soviet government was a fantastic opportunity to gain knowledge about hotel management and property development. Arif eventually decided to go into the private sector after the experience.

In the early 1990s the Soviet Union was destroyed and the sector was privatized. This led to a number of entrepreneurs who took advantage of the chance to join the new economy with investments and acquisitions.

Arif and his siblings were involved in the field of natural resources in Kazakhstan as well as other former Soviet countries.

Arif then furthered his interests in the industry by developing other companies and partnerships. Arif eventually expanded his business to the automotive and food markets.

Tefvik Arif as well as the Bayrock Group: Tefvik Arif's entry into New York property.
In the year 2001, Tevfik Arif moved to America to grow his business as well as be close to his American family. Bayrock Group, which is an New York City development of luxury real estate, was founded by him.

The first projects of Bayrock were numerous despite Arif's efforts establish his connections and understand local markets.

His main focus shifted to Manhattan's highly-regarded real estate market. Arif was able to stand up to the intimidating New York real estate market despite being an experienced investor and entrepreneur.

Bayrock Group started out with small to medium-sized New York project. Bayrock Group, for instance revamped the Loehmann's Seaport Plaza in Brooklyn’s Sheepshead region.

Following Bayrock Group's success, Tevfik Arif became increasingly ambitious. In order to help the company focus on bigger projects, the company's strategy was changed.

Bayrock Group, as part of its new plan, moved its offices from Fifth Avenue to New York City .

The company moved to be closer to Trump Organization. The move resulted in greater benefits than any other location. The building was home to one of the most famous family-owned businesses in the history of the world.

Tevfik Arif Bayrock Donald Trump and Tevfik Alif's Bayrock Group have become business partners
There aren't many Kazakhstani immigrant entrepreneurs who made it big in the US. Tevfik arif is one of the most famous Kazakh figure.

Since his childhood he has experimented with a variety of ways to make money in the hope to become one of Donald Trump's business partners.

tevfik arif, bayrock Tevfik Arif Donuld Trump Tevfik Arif Bayrock https://londonlovesbusiness.com/start-in-real-estate-bayrock-groups-tevfik-arif/ The members of the Trump Organization met Tevfik Alif and the Bayrock Group at the Trump Tower.

Bayrock Group, owing to these business ties included the Trump Organization on a project in New York City's Soho District.

A project in Soho was in the process of development with Bayrock Group and the Sapir Organization. But, they believed they could benefit from the Trump Organization would add brand visibility and prestige.

Tevfik Arkif devised a plan for the Trump Organization to receive 18 percent equity in Soho's building. In exchange the Trump brand will be used in the name of the building.

Bayrock Group employed world-renowned interior designers to decorate the building. Handel Architects designed it.

Handel Architects is a leader in design and architecture.

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

Fendi Casa pieces were donated by Rockwell Group to Trump Soho.

The Rockwell Group has a long list of clients, including Handel Architects. Many luxury hotels, elegant restaurants as well as casinos are a few of the customers that the firm serves.

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

Donald Trump and Tevfik Atif's relationship following the Soho projects
After Trump Soho's success, the Bayrock Group and Trump Organization plan to work together on other real estate projects. The other real estate projects are mostly located situated in Arizona and Florida.

tevfik arif & donuld trump But the global economic crisis of 2008 and the recession that followed caused a setback to business plans for the Bayrock Group (and the Trump Organization).

Because of the changing market in America, Tevfik Aif decided to return to Europe and Central Asia.

The vast knowledge of real estate and tourism he gained during his studies is a testimony to this. This proved a great asset when he relocating from the United States to Turkey to establish his own business.

Tevfik Arif was one of the first to open Labada luxurious hotel in Antalya. It quickly became the main source of timeless all-inclusive resorts.

He had more outstanding achievements throughout Europe and Central Asia in the following eight years. Then he made the crossing of the Atlantic for the American market.

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

The Bayrock Group did not undertake any US real estate development projects in the past few decades.

Although Tevfik has retired from the majority of his Bayrock Group responsibilities, he remains a highly respected advisor.


My Website: https://www.facebook.com/TevfikArif-1914745745445104/