Tevfik arif as well as Donald Trump are partners in building the Trump Soho

The New York-based company Bayrock Group was founded in 2001 by Turkish-Kazakh businessman Tevfik Arif.  Doyen Donald Trump is one client. The firm is renowned for its expertise in the design and development of luxury properties.

Tevfik Amir emigrated from Kazakhstan with the intent of establishing a prominent real estate business. He recognized the potential of the Trump name and partnered with the Trump family. This enabled Tevfik arif as well as his Bayrock Group firm to take on a world-renowned project in real estate, the Trump Soho building.

This article will explain how Donald Trump teamed up with Tevfik and Arif in the construction of the Trump Soho building.

Tevfik Arif BayrockTevfik Arif Tevfik Atif's childhood and his experiences in Kazakhstan
Tevfik arif was born after the war and lived with the Kazakh family from the Soviet Union.  Tevfik Arif Bayrock He was a gifted kid and was a lover of studying despite the numerous restrictions the war brought to his family.

He was an outstanding academic success that led him to Moscow University. There he was a student of economics and international relations.

Tevfik arif's story was constructed through decades of radical shifts that affected how business is done.

His first career path is familiar to the young ambitious, successful, and successful young men of his generation.

Arif worked for the Soviet government bureaucracy. Tevfik Alif worked for 17 years in the Soviet Ministry of Commerce and Trade as the head of its Hospitality Management Department. Arif held a variety of positions throughout his career, including deputy director of department.

BayrockTevfik Arif Certainly, the Soviet government's experience instilled an interest and enthusiasm for the management of hotels and their development. Arif was able to establish his own company after having gained the experience.

In the beginning of 1990s, the Soviet Union collapsed, and the industry was privatized. Therefore, many enterprising individuals took advantage of the chance to join the new economy through investments and acquisitions.

Arif as well as his siblings have invested in the field of natural resource in Kazakhstan and other former Soviet republics.

Arif began to develop other companies, partnerships and pursue his passion for the industry. He eventually expanded his business to the food and automotive markets.

Tefvik Arif's path into New York real estate: the Bayrock Group
In the year 2001, Tevfik Arif moved to America to grow his business as well as be closer to his American family. He created the Bayrock Group in New York City that develops high-end real property.

The first projects of Bayrock were numerous, despite Arif’s efforts to establish connections and to understand local markets.

His primary focus was Manhattan's highly-regarded real estate market. Arif was able to manage the pressure despite New York's enormous real market.

Bayrock Group started out with small to medium-sized New York project. For instance, the Bayrock Group transformed Loehmann's Seaport Plaza in Brooklyn’s Sheepshead Region.

Following Bayrock Group's success, Tevfik Arif became increasingly ambitious. He decided to alter the company's strategic plan in order to concentrate its efforts on larger projects.

Bayrock Group relocated its headquarters from Fifth Avenue to the Trump Tower, New York City as part of his new strategy.

The move placed the company near to the Trump Organization and provided greater benefits than any other location. The location also hosted one of the most well-known family businesses in the nation.

BayrockTevfik Arif Tevfik Arif's Bayrock Group and Donald Trump are now business partners
There aren't many Kazakh-Americans who have built successful businesses in the US. When it comes to famous Kazakh figures, Tevfik Arif cannot be left out.

From a young age, he was experimenting with various ways to be a part of Donald Trump's business partners.

The members of the Trump Organization met Tevfik Alif and the Bayrock Group at the Trump Tower.

Tevfik Arif Donuld Trump Because of these business ties, Bayrock Group included Trump Organization into an New York City Soho project.

Bayrock Group was working with the Sapir Organization to develop a Soho project. However, they believed that they could benefit from the Trump Organization would add brand visibility and prestige.

Tevfik Arkif conceived a plan for the Trump Organization to receive 18 percent equity in the building. In return, Trump would brand the construction.

Bayrock Group hired a team of world-renowned interior design experts to decorate the structure. Handel Architects conceived the building.

Handel Architects is a leader in the field of design and architecture.

A few of the projects undertaken by the company include the RitzCarlton hotel in Washington, D.C., New York City, and the September 11th National Memorial.

Fendi Casa pieces were donated by Rockwell Group to Trump Soho.

The Rockwell Group also has an impressive resume, like Handel Architects. A number of luxury hotels, restaurants and casinos are customers of the firm.

Tevfik Arif Bayrock The agreement was signed by Bayrock Group, Sapir Organization along with the Trump Organization. Construction of Trump Soho may begin in the year 2006.

Doyen Relations between Tevfik arif and Donald Trump following the Soho initiative
Trump Organization and Bayrock Group will collaborate on numerous other real estate projects following the opening of Trump Soho. The other real estate projects are primarily located in Arizona as well as Florida.

However, the global financial crisis of 2008 has hampered the business plans of the Bayrock Group and the Trump Organization.

So, Tevfik Arif returned to Europe and Central Asia because of a shifting market in the United States.

He acquired a wealth of information about tourism and real estate during his studies. It also proved helpful when he moved to Turkey in 1993 to begin a new business venture.

Tevfik Arif was the first to open the Labada luxurious hotel in Antalya. It soon became the main factor behind the timeless resorts that are all-inclusive.

He was able to continue his outstanding accomplishments throughout Europe, Central Asia for eight years more before taking the Atlantic to dominate American markets.

A total of $2.5 million was put into real estate assets of Bayrock Group while operating in the United States.

The Bayrock Group has not undertaken any US real estate development projects for the last few years.

Tevfik Aif has quit Bayrock Group but he remains an important advisor.