Notes

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

Bayrock Group is a luxury real-estate development firm that was driven by Tevfik Arif. It quickly became a part of the Trump Organization in Manhattan.

Bayrock Group Moves from Suburbs and to Manhattan
Many dream of moving to the United States to live the American dream But only a handful people make it. Businessman from Turkey-Kazakhstan Tevfik Arif was one of the few who made it to America in 2001 and set up his organization, Bayrock Group.

The Bayrock Group operates in New York City as a real estate development company.

The initial projects were small to medium in size. It included the redesign and construction of Loehmann's Seaport Plaza in Brooklyn, New York.

Bayrock Group gained traction in the American housing market and was now ready to expand. The company began looking for projects of a large scale.

The Arif-driven business has begun collaboration together with the Sapir Organization to construct a large new construction on Spring Street in New York City.

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

Bayrock Group teams up with the Trump Organization
In the wake of the move Tevfik Arif along with his staff met the Trump Organization, which also had the Trump Tower as its base.

The talks began between Bayrock Group & the Trump Organization, as both companies realized that they shared many similarities in their interests.

The two companies established cooperation. The Trump Organization joined Bayrock Group's collaboration with the Sapir Organization on Spring Street.

The Trump Organization was then managed by the former president of America, Donald Trump.

E. Trump and Son was created by his paternal grandmother Elizabeth Christ Trump and Fred Trump.

Donald Trump gave the management of his business to his children as he was about to take over the White House.

Bayrock Group's lucrative deal
Bayrock Group was relatively new to the New York City property scene when the Trump Organization, Sapir Organization and Bayrock Group started their cooperation.

Tevfik Arif, the founder of Spring Street was able to make an arrangement that could boost brand recognition as well in the prestige of the project.

The proposal would give the Trump Organization 18% equity in the building as a condition for the Trump name being used as the building's name.

The arrangement was accepted by all three firms. In the year 2006, Trump SoHo's first brick was put in place.

Two years after that, Bayrock Group was founded by the Trump Organization and the Sapir Organization and the Trump Organization. They created Trump SoHo in New York City.

Design veterans are in charge of the Trump SoHo
Trump SoHo had 46 stories that included elite restaurants, bars, event halls, and banquet halls as well as an open-air pool and spa, apartments and hotel rooms.

Residents and visitors of Trump SoHo could enjoy an unrivalled views of New York City through the windows that run from the roof to the floor. They were put in place on all floors.

Handel Architects was entrusted by Trump SoHo to design the exterior, as the three structures were centered on perfection.

Handel Architects are a respected organisation with a diverse portfolio. Some of the other initiatives are the National September 11 Memorial and Museum and Abu Dhabi's Rosewood hotel residence.

Rockwell Group designed Trump SoHo’s interiors. Rockwell Group is responsible for the design of numerous luxurious hotels, cafes,, as well as bars and theaters all over the world.

Their work includes the Tower Hotel, Mumbai, India, Taj Mahal Palace and Tower Hotel, Mumbai, India and the 93rd Academy Award Show; and the Amara Hotel, Limassol.

Bayrock Group extends the collaboration with the Trump Organization
Trump SoHo was an instant huge success. Tevfik Arif Bayrock Tevfik Arif Doyen https://midhudsonnews.com/2020/08/14/tevfik-arif-revealed-the-man-behind-bayrock-group-and-trump-soho/ Bayrock Group, Trump Organization and other organizations began looking at ways to improve their cooperation.

Their vision was to build buildings like Trump SoHo in Arizona and Florida in the same manner as the one of Trump SoHo. In exchange to Trump SoHo would receive Trump Organization would receive 18% equity in this structure, in exchange to using the Trump brand. This time.

Bayrock Group and Trump Organization had everything in place. But the 2008 financial crisis, which severely shaken the American real estate market, ended their plans. to their plans.

The American housing market was severely affected by the economic crisis. https://www.jobsnhire.com/articles/57841/20220704/tevfik-arif-s-advice-on-investing-in-turkish-real-estate.htm Tevfik Alif, Bayrock Group founder and CEO, decided to move out of the United States. Arif made the choice to move to Europe and Asia where he began his career more than a decade ago.

https://trachtenbergarch.com/project/bayrock-apartments/ Bayrock Group has ceased to be in operation, however Tevfik Ariff is still an advisor to various divisions.


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

The company was still active and invested in real estate assets valued at more than $22.5 million.

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