Notes

Bayrock Group's journey from the Suburbs, to Manhattan Tevfik Arif

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

Bayrock Group Moves: From Suburbs and to Manhattan
Many dream of traveling to the United States and live the American dream. However, very few actually make it happen. Turkish-Kazakhstani entrepreneur Tevfik Arik was among those who came to America in 2001 to establish his company, Bayrock Group.

The Bayrock Group is a luxury real estate development company which operates within and around New York City.

The company's initial focus was on medium-sized to small-sized projects like the revamping of the Loehmann's Seaport Plaza - a shopping mall in Brooklyn's Sheepshead neighbourhood.

After making inroads in the American housing market, Bayrock Group was ready to expand and started looking for projects with a large scope.

Arif-driven firms began collaborating with the Sapir Organization for a big construction project on Spring Street in New York City.

The company's growth was also led Bayrock Group to relocate its headquarters to the Trump Tower in Midtown Manhattan.

Bayrock Group team together with the Trump Organization
Due to the move, Tevfik Arif along with his staff met the Trump Organization and also used the Trump Tower as its base.

http://doyencxbo150.bravesites.com/ Discussions took place between Bayrock Group, the Trump Organization after both companies realized they had common desires and shared goals.

Tevfik Arif Doyen The two firms formed an alliance, in which the Trump Organization joined Bayrock Group's collaboration with the Sapir Organization on Spring Street.

At the time it was the Trump Organization was managed by former American President Donald Trump.

E. Trump and Son was invented by his paternal grandparents Elizabeth Christ Trump and Fred Trump.

Bayrock Donald Trump, who was about to enter into the White House, handed the management of the firm to his children in the year 2017.

Bayrock Bayrock Group's lucrative deal
Bayrock Group, the Sapir Organization and the Trump Organization began to work together in New York City's real estate market.

Tevfik The creator of Spring Street, drafted an arrangement to boost brand visibility and prestige.

According to his sources, Trump Organization would obtain 18% equity in the property in exchange for having the Trump logo in the title.

All three firms agreed to the arrangement and in 2006, the first brick of what would be Trump SoHo was laid.

Two years after, Bayrock Group, Trump Organization and Sapir Organization launched their contribution to the skyline of New York City by launching Trump SoHo.

Design experts take over Trump SoHo
Trump SoHo's 46 stories included top bars and restaurants, event and banquet halls, an outdoor pool and spa, hotel rooms, apartments and apartments.

Visitors and residents of Trump SoHo could have a an exclusive view of New York City thanks to the structure's floor–to-roof glass windows. These windows were set up on the entire floor.

Handel Architects was entrusted by Trump SoHo to design the exterior of the building, and the three buildings were focused on perfection.

Handel Architects has a diverse portfolio. It is a well-respected company. The other projects are the National September 11 Memorial and Museum, New York City as well as the Rosewood residential hotel in Abu Dhabi.

Rockwell Group designed Trump SoHo's interiors. Rockwell Group has been responsible for the design of numerous extravagant bar, restaurants, and hotels across the world throughout the years.

Their work includes the Tower Hotel and Taj Mahal Palace, Mumbai, India and the 93rd Academy Award show.

Bayrock Group and the Trump Organization expand the partnership
Trump SoHo was a great success immediately, which prompted Bayrock Group to expand their cooperation with the Trump Organization.

Their dream was for Trump SoHo buildings to be constructed in Arizona and Florida. They were able to offer similar terms to Trump SoHo. The result would be that the Trump Organization with an 18% equity in the structure in exchange in exchange for the Trump brand in their names. Another opportunity.

Bayrock Group, and Trump Organization had all they needed. They had the ability to prepare, but the 2008 financial crisis that severely affected the American real estate market slowed them down.

The American housing market was severely affected by the crisis. Tevfik arif, Bayrock Group founder, decided to leave the United States. https://www.talk-business.co.uk/2020/12/17/explained-what-happened-to-tevfik-arif-and-bayrock-group/ He made the decision to move to Europe and Asia in which he started his career over a decade ago.

Bayrock Group's Tevfik arif has been retired from active involvement, but he is an expert advisor to various divisions.

Bayrock Group has not been associated with any recent real estate developments in the United States.

While it was active however the company made investments of more than $2.5million in real estate properties. https://www.dwell.com/collection/tevfik-arif-bayrock-d7c16407
Read More: https://www.talk-business.co.uk/2020/12/17/explained-what-happened-to-tevfik-arif-and-bayrock-group/