Notes

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

Bayrock Group, a Tevfik Arif-led luxury real-estate developer company, found itself working quickly with the Trump Organization in Manhattan shortly after it was established.

Bayrock Group Goes from the Suburbs to Manhattan
Although many dream of moving to America in order to live the American dream and experience the American lifestyle Only a few actually have the opportunity to do so. Tevfik Arif Bayrock Turkish Kazakhstani businessman Tevfik ARIF was among those who did when Tevfik relocated to America in 2001. He set up Bayrock Group.

Bayrock Group is a New York-based luxury real estate developer.

The initial focus of the firm was on smaller-to-medium-sized projects such as the redesigning of Loehmann's Seaport Plaza - a shopping mall located in Brooklyn's Sheepshead neighborhood.

http://tevfikarifpmbc635.jigsy.com/ Bayrock Group gained traction in the American housing market and was now ready to expand. The company began looking for large-scale developments.

The Arif-led business started working in conjunction with Sapir Organization on a major construction project in Spring Street, New York City.

Bayrock Group relocated its headquarters in Midtown Manhattan to accommodate the rapid growth of the company.

Bayrock Bayrock Group teamed together with Trump Organization
The incident resulted in Tevfik and his team having a meeting with the Trump Organization. This organization also had Trump Tower at its base.


https://www.glassdoor.com/Overview/Working-at-Bayrock-EI_IE820073.11,18.htm Conversations took place between Bayrock Group (the Trump Organization) and the Trump Organization as both companies realized they shared interests and dreams.

The cooperation between the two companies saw the Trump Organization join Bayrock Group's Spring Street project with Sapir Organization.

The Trump Organization was then run by former American President Donald Trump.

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

In 2017, Donald Trump handed over the management of the business to his children as he was about to take over the White House.

Tevfik Arif Doyen Bayrock Group's lucrative deal
Bayrock Group, The Trump Organization The Trump Organization, as well as The Sapir Organization were still relatively new to the New York City real estate scene at the time of the partnership.

Tevfik Arif, founder of Spring Street was able to come up with an arrangement that would boost brand recognition as well as prestige for the project.

Bayrock According to him, Trump Organization would obtain 18% equity in the property in exchange for having the Trump logo on the building's title.

The arrangement was embraced by the three companies. In 2006, the first Trump SoHo brick was laid.

Two years later, Bayrock Group, the Trump Organization and the Sapir Organization inaugurated their contribution to the skyline of New York City, Trump SoHo.

Design experts are in charge of Trump SoHo
Trump SoHo boasted 46 stories of exclusive bars, restaurants, banquet and event venues as well as an open-air pool, a spa section as well as apartments and hotel room rooms.

Visitors and residents to Trump SoHo can enjoy a breathtaking view of New York City from the windows from floor-to-roof on every floor.

Handel Architects was entrusted as the designer of the exterior design of Trump SoHo, since the three main organizations behind the building were focusing on perfectionism.

Handel Architects are a respected company with a wide portfolio. Some of the other initiatives include the National September 11 Memorial and Museum and Abu Dhabi's Rosewood hotel and residential.

Bayrock Rockwell Group designed Trump SoHo’s interiors. Rockwell Group has oversaw the design of a number of extravagant hotels and cafes around the globe.

Their work includes their work at the Taj Mahal Palace and Tower Hotel in Mumbai, India, the 93rd Academy Award show and the Amara Hotel in Limassol, Cyprus.

Bayrock Group extends the partnership with the Trump Organization
Trump SoHo was a success immediately, and Bayrock Group & the Trump Organization decided to increase their cooperation.

The goal was to construct buildings in Arizona and Florida similar to Trump SoHo under the same conditions that they have with Trump SoHo. The Trump Organization would be left with 18% of the equity in the structure in exchange for the Trump name in their names. It's back.

https://www.talk-business.co.uk/2020/12/17/explained-what-happened-to-tevfik-arif-and-bayrock-group/ Bayrock Group and Trump Organization had everything in the correct order. They could plan but the financial meltdown of 2008 which severely affected the American real estate market slows them down.

The American housing market was a lot affected by the economic crisis. Tevfik arif, Bayrock Group founder, was able to decide to leave the United States. He chose to leave the US for a fresh start in Europe and Asia.

Bayrock Group's Tevfik arif has retired from active participation but he is an advisor of trust to different divisions.

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

However, the company was still in operation and invested in real estate assets valued at over $22.5 million.

My Website: https://www.zoominfo.com/c/bayrock-group-llc/8637225