Notes

We take a closer look to Trump SoHo and Tevfik Arif Bayrock Group
Bayrock Group was founded in 2001 by Tevfik Amir , a Turkish-Kazakhstani entrepreneur. Tevfik Arif Doyen Bayrock Group was formed in another country.

This article will give an overview of Bayrock Group's origins and its owner, Tevfik Arif. We will also elaborate on the impact of Bayrock Group's Trump SoHo building in New York City.

What's the Bayrock Group, and who is Tevfik Arif?
Bayrock Group was created by Tevfik (a Turkish citizen born in Soviet Kazakhstan)

Tevfik received a degree from the Moscow Trade and Economic Institute in International Relations.

After 17 years serving as a minister, he resigned to establish several businesses. https://www.usglobalworld.com/tevfik-arif-and-donald-trump/ When the economic restructuring of the former Soviet republics was taking place He turned his attention to business.

Tevfik Arif's initial business ventures
As a government official, Arif had the opportunity to network and collaborate with several business leaders. Due to his connections and his valuable expertise, he was able grow his interests in business.

Tevfik Arif His brother and he acquired the Akytyubinsk Chromium Chemicals Plant (ACCP) in Kazakhstan in part of a joint venture. https://www.crunchbase.com/organization/bayrock Tevfik's main business was luxury real estate development as well as exports of food and imports. Through his various companies, Tevfik Arif had many international partners.

Bayrock Bayrock After making the move to Turkey, in 1993, he led the development of Turkey's hotels that are all inclusive. He opened the Labada Hotel Antalya and then proceeded to his next venture over the Atlantic.

Tevfik Arif Bayrock Group
In 2001, Tevfik Arif moved to the United States to expand his business and to be closer to his American family. He founded the Bayrock Group in New York City as a luxury real estate development company.

Despite Arif's efforts in developing his network and knowledge of the market in his area, many of Bayrock's early projects were small.

He eventually decided to focus on Manhattan's prestigious realty market. Arif was a successful investor and business entrepreneur in spite of the city's difficult real property market.

Bayrock Group's new headquarters is located in the Manhattan's Trump Tower.

Bayrock Group began by executing small-to medium-sized projects in New York. Loehmann's Seaport Plaza, Brooklyn's Sheepshead Area was one example of a project that the company transformed.

Following the success of Bayrock Group, Tevfik Arif became more ambitious. He wanted to focus on more important projects which is why he changed the company's strategy.

Bayrock Group relocated its New York City office to Trump Tower at Fifth Avenue as per his latest strategy.

The location yielded significantly greater than the other location because it placed the business located near the Trump Organization. The same building houses the globally-respected family company.

The Bayrock Group Founded Trump Soho
Bayrock Group, the Trump Organization, and Bayrock Group had a shared goal of creating luxury real estate properties.

The Bayrock Group already worked with the Sapir Organization to complete another project in Manhattan's SoHo Quarter on Spring Street.

Bayrock Group and Sapir Organization would both benefit from the incorporation of Trump Organization; Tevfik Arkif was a brand with a name that is well-known.

Arif came up with an agreement that granted the Trump Organization 18% ownership in the building , in exchange to the use of the Trump logo.

The agreement was approved by Bayrock Group, the Trump Organization as well as the Sapir Organization.

In 2006, the first brick was laid at SoHo.

The construction took two and a half years. It was finally completed for usage within two years.

Trump SoHo was built by design veterans
Trump SoHo opened in Manhattan featuring hotel rooms, apartments and luxury eateries, as well as bars and pools.

The 46 floors all offer stunning perspectives of New York City through floor-to-ceiling windows. From the hotel's floors-to-ceiling windows the view of New York City is simply breathtaking.

Handel Architects designed the building. It also manages the National September 11th Memorial and Museum and Ritz-Carlton Hotel.

Rockwell Group for Bayrock Group managed the interior design.

The firm has had initiatives that were completed in Seattle, Las Vegas, New York City's Climate Pledge Arena, as well as Las Vegas. The firm has also been involved in Mexico, Spain, and Indonesia.

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Caption: Trump SoHo was built by Tevfik Arif and Bayrock Group

Tevfik Arif's Bayrock Group invests millions of dollars in the United States
In the wake of the success of Trump SoHo, Bayrock Group and the Trump Organization began planning other luxury real estate projects in conjunction.

They wanted similar buildings like Trump SoHo, Arizona and Florida with the Trump name.

Due to the financial crisis which deeply affected American realty in 2008, the Arizona and Florida projects were never built.

Tevfik arif Bayrock Group founder pursued other projects throughout Europe as well as Central Asia following the U.S. market's shift.

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

Bayrock Group is not currently involved in any real estate development in the United States.

Tevfik has retired from most of his work at Bayrock Group. He remains an advisor who is trusted and respected by the Bayrock Group.

company. Tevfik Arif Bayrock
Website: https://www.facebook.com/pages/category/Community/Tevfik-Arif-Doyen-1749208025097781/