Notes

We look closer at Trump SoHo and Tevfik Arif Bayrock Group
Established in 2001, Bayrock Group develops luxury real estate in New York City by Turkish-Kazakhstani businessman Tevfik Arif. The initial genesis of Bayrock Group took place in another country.

This article will give an overview of Bayrock Group's origins and the company's owner, Tevfik Arif. We will also talk about the effects of Bayrock Group's Trump SoHo building, New York City.

What is the Bayrock Group work?
Bayrock Group was created by Tevfik (a Turkish citizen born in Soviet Kazakhstan)

Tevfik graduated from the Moscow Trade and Economic Institute in International Relations.

After 17 years of service with the ministry, he decided to leave to set up a variety of companies. He began to be interested in the business world after the economic reconstruction of former Soviet nations began.

Tevfik Arif's very first business ventures
Arif was capable of working and networking with a variety of business leaders while an official in the government. Due to his connections and valuable skills Arif was able to expand his interests in business.

The brother of his and he acquired the Akytyubinsk Chromium Chemicals Plant, (ACCP) in Kazakhstan as a joint partnership. Tevfik Arif had three businesses including luxury real estate development and food exports. Through his many companies, Tevfik Arif was able to acquire many global partners.

After moving to Turkey in 1993, he led the development of Turkey's hotels that are all inclusive. Before moving on to his next venture, he opened Antalya's Labada Hotel before heading across the Atlantic.

Bayrock Group
In 2001, Tevfik Arif moved to the United States to expand his company and be closer to his American family. Bayrock Group is a New York City-based luxury brokerage and real estate development firm.

Bayrock's first projects, despite Arif’s efforts to establish his networks and understand the market in his area, were a myriad of.

Then, he turned his attention to Manhattan's more prestigious real property market. Arif was an experienced investor and business entrepreneur, regardless of New York's difficult real property market.

Bayrock Group has moved its headquarters to Trump Tower, Manhattan.

Bayrock Group was initially involved in small to medium-sized New York City projects. Tevfik Arif Doyen Loehmann's Seaport Plaza in Brooklyn's Sheepshead area For instance, it was renovated by the company.

Bayrock Following the success of Bayrock Group, Tevfik Arif became more ambitious. He wanted to work on bigger projects and decided to change the strategy of the company to concentrate on that.

Bayrock Group's New York City offices were relocated to Trump Tower on Fifth Avenue as part of his new strategy.

This move brought the company closer to the Trump Organization, which was an important benefit. The same building houses the internationally-respected family organization.

Bayrock Group.
Bayrock Group, the Trump Organization and Bayrock Group had a shared idea of creating luxurious real estate properties.

The Bayrock Group was already working with the Sapir Organization on another project on Spring Street in Manhattan's SoHo quarter.

Bayrock Group and the Sapir Organization would benefit from the inclusion of Trump Organization in this initiative. Tevfik Aif was able to create the brand's recognition.

Arif created an agreement giving the Trump Organization 18% equity in the building in exchange for the use of the Trump brand.

Bayrock Group, Trump Organization and the Sapir Organization approved the proposed deal.

The first bricks for Trump SoHo were laid.

It took two years to construct the building, and was completed just in time for its inauguration two years later.

Trump SoHo design by construction veterans
Trump SoHo opened in Manhattan with hotel rooms, apartments and gourmet eateries, as well as bars and pools.

Tevfik Arif Doyen Through the floor-to-ceiling windows All floors provided spectacular views of New York City. The hotel's floor to ceiling windows afford a breathtaking views of the city.

Handel Architects designed the building. The most recent projects are the National September 11th Memorial and Museum and RitzCarlton Hotel.

Rockwell Group was responsible for the interior design of this building.

The firm has worked on initiatives that were completed in Seattle, Las Vegas, New York City's Climate Pledge Arena and Las Vegas. Indonesia, Mexico, and Spain are also countries where the firm has experience in international markets.

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Caption: Trump SoHo Building created by Tevfik Arif, Bayrock Group

Tevfik Arif's Bayrock Group invests millions in the United States
The success of Trump SoHo led to Bayrock Group's collaboration with the Trump Organization in planning luxurious real estate projects.

They wanted to construct buildings similar to Trump SoHo in Arizona or Florida with Trump as the Trump name.

Tevfik Arif Bayrock The 2008 financial crisis was a major impact on American real estate. So, there were no developments were built in Arizona or Florida.

Tevfik Alif, Bayrock Group founder and CEO, relocated to Central Asia and Europe after the U.S. Market changed.

Bayrock Group invested more than $2.5 million in real estate assets while it was in America.

Bayrock Group has been absent from any US real estate development project in recent times.

Tevfik Arif has retired from the majority of his daily tasks within the Bayrock Group. Tevfik Arif Bayrock But he is still a trusted and valued advisor to the

company.
Website: http://search.sunbiz.org/Inquiry/corporationsearch/SearchResults?inquiryType=EntityName&searchTerm=BAYROCK INVESTMENT CO. - COLLINS AVE. EXCHANGE, LLC