Notes

A comprehensive look at Trump SoHo's Tevfik Arif Bayrock Group.
Bayrock Group, founded by Tevfik Alif (Turkish-Kazakhstani) in 2001, develops luxury real property in New York City. The Bayrock Group's origins were initially in a different country.

This article will present an overview of the history of Bayrock Group, as well as its owner, Tevfik Arif. We will also talk about the effects of Bayrock Group's Trump SoHo building in New York City.

Who is Tevfik Arif and what is the Bayrock Group?
Tevfik Arif Doyen Bayrock Group was founded by Tevfik Aif, a Turkish-born man from Soviet Kazakhstan.

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

In 1991, After serving as a minister for 17 years, he left to start several companies. He turned his attention to business when the economic reform of the the former Soviet republics was in progress.

Tevfik Arif's first business ventures
Arif was a government official, and was able to network and work with a variety of business leaders. Arif was able to expand his business options due to his connections.

The brother of his and he purchased the Akytyubinsk Chromium Chemicals Plant(ACCP), Kazakhstan, as a joint-venture. Tevfik Arif had three businesses: luxury real estate development and food exports. Through his various companies, Tevfik Arif was able to secure many global partners.

After his move to Turkey in 1994, he was the one responsible for the creation of one of Turkey's most well-known resorts that are all-inclusive. He opened the Labada Hotel Antalya, before going on to his next venture across the Atlantic.

The foundation of Bayrock Group
Tevfik relocated to the United States in 2001 to grow and be closer to his American family. Bayrock Bayrock Group was a New York City real estate development firm.

https://www.wikidata.org/wiki/Q28124187 Bayrock did not manage to get his first projects off in the first place despite Arif's efforts to get to know and comprehend the market in his area.

He chose to concentrate on Manhattan's most exclusive real estate market. Arif was an experienced investor, as well as a business entrepreneur despite the intimidating nature of New York realty.

Bayrock Group's new headquarters will be located in Trump Tower in Manhattan.

Bayrock Group originally executed small-to medium-sized projects throughout New York. Loehmann's Seaport Plaza in Brooklyn’s Sheepshead region was transformed by the company.

https://us.kompass.com/p/tevfik-arif-is-a-founder-of-leading-on-the-market-enterprise/2161e37e-0214-481e-9004-ec90eb7029e0/ After Bayrock Group began well, Tevfik Arif became ever more determined. Bayrock He was looking for bigger projects , and also changed the strategy of the company to be more focused.

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

The move proved to be more successful than any other because it put the business near the Trump Organization. This is where the family-respected business is located.

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

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

Bayrock Group would be able to join the Trump Organization into this project that would enhance Bayrock Group as well as the Sapir Organization; Tevfik Alif could have brand recognition.

Arif negotiated an agreement giving the Trump Organization 18% equity to the building in exchange of using the Trump name.

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

As a result, the first block of SoHo, Trump SoHo was laid in 2006.

The building was constructed over two years and was completed for the opening ceremony after two more years.

Trump SoHo construction by design veterans
Trump SoHo is home to apartments, hotel rooms, and luxury eateries and bars. https://www.instagram.com/erkantevfikarif/ There's also a spa and pool. Event rooms and banquet facilities are available.

Through floor-to-ceiling windows, all 46 floors offered spectacular views of New York City. From the hotel's floor-to-ceiling windows, the views of New York City are unparalleled.

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

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

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

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Caption: Trump SoHo building created by Tevfik Arif's Bayrock Group

Tevfik's Bayrock Group invests millions into the United States
As a result of the success of Trump SoHo, Bayrock Group and the Trump Organization began planning other luxurious real estate projects together.

They wanted to build new buildings in Arizona and Florida with the Trump name.

Due to the 2008 financial crisis, projects in Arizona were not built.

Tevfik, Bayrock Group founder was the Bayrock Group's founder, and began exploring different projects in Europe and Central Asia after the U.S. market had changed.

Over $2.5 million was put into real estate investments by Bayrock Group while it was active in the United States.

In recent years, Bayrock Group has not been part of any development of real estate project in the United States.

Tevfik is now retired from Bayrock Group's regular work. But, he is an important and reliable advisor to the company.

company.
My Website: https://www.wikidata.org/wiki/Q28124187