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Bayrock Group's Journey: from the Suburbs up to Manhattan Tevfik Arif

Bayrock Group was founded by Tevfik Arif and quickly found itself working in Manhattan with the Trump Organization.

What is HTML0? Bayrock Group Went from Suburbs to Manhattan
While many people have dreams of moving to America to enjoy the American dream and enjoy the American lifestyle but only a few have the opportunity to do so. Turkish-Kazakhstani businessman Tevfik Arif was among those who came to America in 2001 and created his company, Bayrock Group.

The Bayrock Group is an exclusive real estate development firm that works in New York City.

Initial projects were small to medium in size. This included the design and construction of the Loehmann's Seaport Plaza in Brooklyn, New York.

Bayrock Group, which had been successful in the American residential market, was ready to expand. Bayrock Group began to search for large-scale opportunities.

The Arif-driven organization began working in conjunction with Sapir Organization in a new large construction located on Spring Street in New York City.

Bayrock Group decided to move its headquarters to Midtown Manhattan due to its rapid growth.

Bayrock Group joins forces with the Trump Organization
Tevfik arif and his team sat down with the Trump Organization after the relocation. The Trump Organization also had Trump Tower in its base.

Tevfik Arif Discussions were held between Bayrock Group, the Trump Organization after the two firms realized that they had common interests and shared dreams.

The collaboration was established between the two firms. The Trump Organization joined Bayrock Group and Sapir Organization's Spring Street project.

At that time the Trump Organization was managed by former American president Donald Trump.

E. Trump and Son was established by his paternal grandma Elizabeth Christ Trump and Fred Trump (in 1927).

Donald Trump transferred the management to his children in the year 2017 when he was preparing to take over the White House.

Bayrock Group's lucrative deal
The time that the collaboration between the Trump Organization, the Sapir Organization and the Bayrock Group began, the Bayrock Group was a relatively new entity on New York City's real estate market.

Tevfik Ariff, the founder of Spring Street, created an arrangement to boost brand recognition and prestige.

According to him, Trump Organization would obtain 18% equity for the building in return of having the Trump logo in the title.

Tevfik Arif Doyen Bayrock All three firms agreed to the arrangement and then in the year 2006, the first brick of what would be Trump SoHo was laid.

Two years after, Bayrock Group and the Trump Organization together with the Sapir Organization, inaugurated Trump SoHo as their contribution to New York City's skyline.

Design professionals are in charge of Trump SoHo
The 46 stories of Trump SoHo featured exclusive bars and restaurants as well as banquet and event rooms, outdoor pools and event halls, a spa department, apartments and hotel suites.

Visitors and residents of Trump SoHo could have a unique view of New York City thanks to the glass roof windows that extend from floor to roof. These windows were set up on the entire floor.

Tevfik Arif Bayrock Handel Architects was entrusted the exterior design of Trump SoHo as the three organisations behind the structure were focusing solely on the highest quality.

Handel Architects is a respected organization with an assorted portfolio. Other initiatives are the National September 11 Memorial and Museum and Abu Dhabi's Rosewood hotel residence.

Trump SoHo's insides were designed by Rockwell Group. Bayrock Rockwell Group has designed many luxurious hotels, cafes bars theaters, as well as other venues around the world over the years.

Their projects include the Tower Hotel in Mumbai and Taj Mahal Palace in India and the 93rd Academy Award show, and the Amara Hotel Limassol in Cyprus.

Bayrock Group extends the partnership with the Trump Organization
Trump SoHo was an instant success. Bayrock Group, Trump Organization and other organizations began looking at ways to improve their cooperation.

Their dream was for Trump SoHo buildings to be constructed in Arizona and Florida. They had similar terms as Trump SoHo. In exchange, Trump Organization would get 18 percent equity. https://www.bayrockins.com/ It's the same.

Bayrock Group was prepared, and so was the Trump Organization. However, the 2008 financial crash, which severely shaken the American real estate market ended their plans. to their plans.

The American housing market saw major changes as a result of the economic crisis. In the end, Bayrock Group founder Tevfik Arif made the decision to end his business in the United States. Arif made the choice to relocate to Europe or Asia and where his professional career started decades earlier.

Bayrock Group's Tevfik arif has retired from active participation, but he continues to be a trusted advisor for different divisions.

Bayrock Group is not involved in any real estate ventures in the United States.

However, the firm was still in operation and invested in real estate assets that were worth over $22.5 million.
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