Tevfik Arif and Donald Trump's partnership to construct the Trump Soho

The company based in New York, Bayrock Group was founded in 2001 by Turkish-Kazakh businessman Tevfik Arif. Donald Trump is one client. The Bayrock Group is renowned for its experience in the creation of luxurious properties. Tevfik Arif came from Kazakhstan to America with the intent to start a successful real estate business. He was aware of the potential of Trump and partnered in the venture with his family. This enabled Tevfik ARif and his Bayrock Group company to be the leader of a famous real estate project, the Trump Soho. This article will discuss the cooperation with Donald Trump, Tevfik Arif, and others to build the Trump Soho luxury building. Tevfik Ark Arif's early years in Kazakhstan Tevfik was born during post-war times and was raised by the Kazakh SSR. He was a brilliant child who loved to study despite all the restrictions the war brought to people's homes. He had a stunning academic achievement that led him to Moscow University. There he studied economics as well as international relations. Tevfik Arif's professional life has spanned decades and has seen significant changes in the business procedures. His early career was a well-known one for the young aspirant, successful men of his time. Arif was employed by the Soviet government bureaucracy. Tevfik Arif was employed by the Soviet Ministry of Commerce and Trade for 17 years, in the Hospitality Management Department. He held several positions throughout his career and eventually rose to the rank of deputy chief of the department. Certainly it is true that the Soviet government's experience instilled an interest and enthusiasm for the management of hotels and their development. Arif was later able to pursue these types of businesses in the private sector due to of his experiences. In the 1990s during the 1990s, the Soviet Union crumbled and the industry was privatized. Many considered joining the new economy through investments and acquisitions. Arif and his brothers from his father made investments in natural resources in Kazakhstan and in the former Soviet republics. Arif continued to pursue his business interests through the establishment of other companies and partnerships. Eventually, he would expand his business to include the automobile and food sectors. Tefvik Arif Tefvik Arif New York realty: the Bayrock Group Tevfik moved to America in 2001 to expand his business as well as be closer to his American family. He created the Bayrock Group in New York City and is a developer of luxurious real estate. https://www.realestaterama.com/the-man-behind-bayrock-group-who-is-tevfik-arif-doyen-ID051630.html Bayrock's earliest projects were quite small, despite Arif's efforts and knowledge of the market. He finally changed his main concentration to Manhattan's famous residential real property market. Arif managed to withstand the intimidating New York real estate market despite being an experienced investor and businessman. Bayrock Group initially executed small-to medium-sized New York City projects. For example, the company revamped the Loehmann's Seaport Plaza in Brooklyn's Sheepshead region. Tevfik Arif grew more ambitious following the success of Bayrock Group. To help the company concentrate on larger projects, the company's strategy was changed. As part of his new strategy, Bayrock Group moved its offices from Fifth Avenue to the Trump Tower in New York City. The company moved to be closer to Trump Organization. This resulted in greater advantages than any other place. This building housed one of the most famous family businesses in the history of mankind. Donald Trump and Tevfik Atif's Bayrock Group are now business partners There are not many Kazakhs who have succeeded in establishing profitable businesses in America. In the case of prominent Kazakh names, Tevfik Arif cannot be ignored. Since his youth He has experimented with various business strategies to try to become one of Donald Trump’s business partners. The members of the Trump Organization met Tevfik Alif and the Bayrock Group at the Trump Tower. Because of these business ties, Bayrock Group included Trump Organization into a New York City Soho project. Bayrock Group, along with the Sapir Organization, were already planning a new initiative for Soho. However, they felt that the Trump Organization could increase brand popularity and recognition. Tevfik arif came up with a proposal that would grant the Trump Organization 18% ownership of the Soho building. In exchange the Trump brand would be used to identify the name of the building. Tevfik Arif Bayrock Bayrock Group hired renowned interior designers to decorate their new building. Handel Architects created and created the building. Handel Architects, a world pioneer in design and architecture, is recognized worldwide. The Ritz Hotel Carlton in Washington, D.C. and the September 11th National Memorial, New York City are just two of the numerous projects the firm has worked on. Fendi Casa pieces have been donated by Rockwell Group for Trump Soho. The impressive resume of the Rockwell Group comprises Handel Architects and the Rockwell Group. A number of luxurious hotels and restaurants are only a few of the numerous clients that this company has. The deal was signed by the Trump Organization, Bayrock Group and the Sapir Organization. Bayrock Construction of Trump Soho could start in 2006. Relations between Tevfik arif and Donald Trump following the Soho initiative Trump Organization and Bayrock Group will be working together on a variety of real estate projects after Trump Soho's opening success. Those other real estate projects are mostly in Arizona and Florida. Tevfik Arif Bayrock However, the global financial crisis of 2008 hindered the business plans of the Bayrock Group and the Trump Organization. In light of the changing markets in the United States, Tevfik Aif decided to return to Europe and Central Asia. With his education, he's accumulated an extensive understanding of tourism and real estate. It was also helpful when he relocated to Turkey in 1993 in order to establish a new business venture. Tevfik Arif was the first to open the Labada luxury hotel in Antalya. It quickly became the main factor behind the timeless resorts that are all-inclusive. He was able to carry on his remarkable achievements throughout Europe, Central Asia for eight more years before making the journey across the Atlantic to conquer American markets. Bayrock Group spent $2.5million on real estate properties in the United States. For the past few year, Bayrock Group was not involved with any US real estate development projects. https://kazakhbusinessbulletin.wordpress.com/kazakh-businessman/tevfik-arif/ While Tevfik Arif has been relieved from his duties within Bayrock Group, he remains a highly valued advisor.