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

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

How Bayrock Group Went from Suburbs to Manhattan
Many want to live the American dream. However, only a tiny percent of them succeed. Entrepreneur from Turkish Kazakhstan Tevfik Arik was one of the few who made it to America in 2001 to launch his own company, Bayrock Group.

The Bayrock Group operates in New York City as an exclusive real estate development firm.

The initial focus of the firm was on smaller-to-medium-sized projects like the revamping of Loehmann’s Seaport Plaza - a shopping mall in Brooklyn's Sheepshead neighborhood.

Bayrock Group gained traction in the American housing markets and was ready to expand. They began looking for large-scale projects.

The Arif-driven business started collaboration together with the Sapir Organization to construct a huge new building on Spring Street in New York City.

The rapid growth of the company has also prompted Bayrock Group to relocate its headquarters to the Trump Tower in Midtown Manhattan.

Bayrock Group teams up with the Trump Organization
Tevfik Amir and his team had a meeting with the Trump Organization in the course of their meeting. Tevfik Arif Doyen They also utilized the Trump Tower for their base.

Discussions took place between Bayrock Group, the Trump Organization following both companies realized they shared desires and shared goals.

They formed a partnership, where the Trump Organization joined Bayrock Group’s project with Sapir Organization on Spring Street.


The former American President Donald Trump ran the Trump Organization at that time.

E. Trump and Son was founded by his maternal grandma Elizabeth Christ Trump and Fred Trump (in 1927).

https://worldfinancialreview.com/tevfik-arif-from-cambul-to-new-york/ Donald Trump gave the management of his company to his children when he prepared to enter the White House.

Bayrock Group's lucrative deal
When the cooperation between the Trump Organization, the Sapir Organization and the Bayrock Group began, the Bayrock Group was still relatively new in the New York City real estate market.

Tevfik arif, the founder, designed an arrangement to give Spring Street more brand recognition.

He proposed a deal under which the Trump Organization would be given 18% equity as well as the right to utilize the Trump name on the title of this building.

The arrangement was embraced by the three firms. https://tevfikarifbayrockxwfs825.weebly.com/ Tevfik Arif Bayrock In 2006, Trump SoHo's first brick was laid.

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

https://www.crunchbase.com/organization/bayrock Design experts take over Trump SoHo
Trump SoHo boasted 46 stories of exclusive eateries, bars events and banquet halls and an outdoor pool, a spa section, apartments, and hotel rooms.

The guests at Trump SoHo and residents could admire the stunning views of New York City via the floor-to roof windows that were installed on every floor.

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

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

Rockwell Group designed Trump SoHo’s insides. Rockwell Group has been responsible for the design of many luxurious hotels, cafes and bars around the globe over the years.

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 expands collaboration
Trump SoHo was a huge success, and Bayrock Group and Trump Organization began to consider expanding their cooperation.

Their goal was to build structures similar to Trump SoHo in Arizona or Florida, with similar terms as those offered at Trump SoHo. As a compromise to Trump SoHo would receive Trump Organization would receive 18% equity in this structure, in exchange to using the Trump brand. Again, this time.

Tevfik Arif Bayrock Group and the Trump Organization had everything ready. But the 2008 financial crisis, which terribly disrupted the American real market and stopped their plans.

Tevfik Arif Bayrock https://www.houzz.com/professionals/stone-pavers-and-concrete/bayrock-natural-stone-llc-pfvwus-pf~1201152808 The American housing market sector experienced significant changes because of the economic crisis. Tevfik Aif, founder of Bayrock Group, decided to leave his American business ventures. Arif made the choice to relocate to Europe or Asia in Asia, where his career started decades earlier.

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

Bayrock Group was not involved in any recent real property projects in the United States.

Although it was in operation the company invested in real estate assets valued at over $2.5 million.

Website: https://m.imdb.com/name/nm10842495/mediaviewer/rm2948766977
     
 
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