Tevfik Alif and Donald Trump team up to create Trump Soho

Bayrock Group, a New York-based company founded by Tevfik Amir  who was a Turkish-Kazakh businessman.  Bayrock Donald Trump is one of the most well-known clients of the company.

Tevfik Amir immigrated from Kazakhstan with the intention of establishing a prominent real estate business. He knew of the Trump family's influence and joined the partnership. This allowed Tevfik Alif as well as the Bayrock Group to lead a world-renowned property project known as the Trump Soho.

This article will discuss the ways in which Donald Trump and Tevfik arif worked together to build the lavish Trump Soho building.

Tevfik Atif's childhood as well as his experiences in Kazakhstan
Tevfik Arif was a postwar child that was raised in the Kazakh SSR's conservative family. He was an exceptionally gifted child and was a lover of studying despite the numerous restrictions that the war brought to his family.

His academic achievements led him to Moscow University where he studied economics and international relations.

Tevfik's career has been built over many years that have witnessed dramatic changes in the way business is run.

His first career was a recognizable one for the young aspirant, successful men from his generation.

Arif worked for the Soviet government bureaucracy. Tevfik Arif was employed by the Soviet Ministry of Commerce and Trade for 17 years, in the Hospitality Management Department. Arif rose to the position of deputy department head throughout his career.

Working in the Soviet government undoubtedly sparked an interest in the development of hotels and management. Arif would later be capable of pursuing these kinds of businesses within the private sector as a result of his knowledge.

Doyen During the early 1990s, in the early 1990s, Soviet Union collapsed, and the sector was privatized. A lot of entrepreneurs and investors took advantage of the opportunity to get into the new economy by making acquisitions and investments.

In Kazakhstan and the other former Soviet republics, Arif and his brothers invested in the natural resources sector.

Arif continued to pursue his industry interests by establishing other businesses and partnership. The business eventually expanded to the automotive and food sectors.

Tefvik Arif's journey into New York Real Estate: The Bayrock Group
Tevfik arif, an 2001 American immigrant, moved to America to establish his own business and to be closer to his American family. Bayrock Group, a New York City-based luxury real estate developer was established by Tevfik arif.

The first Bayrock projects, despite Arif's efforts to establish connections and to understand the local market they were usually very small.

His main focus shifted to Manhattan's highly-regarded real estate market. Arif was able manage the pressure, despite the enormous real market.

In the beginning, Bayrock Group executed small to medium-sized construction projects in New York. For example, the company completed the renovation of the Loehmann's Seaport Plaza in Brooklyn's Sheepshead region.

Tevfik Arif became more ambitious following the successes of Bayrock Group. In order to make the company more focused on the most important projects he altered its strategy.

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

The move placed the company near to the Trump Organization and also brought greater benefits than any other area.  BayrockTevfik Arif One of the most renowned family organizations was in the same building.

Donald Trump and Tevfik Aif's Bayrock Group become business partners
There are not many Kazakhs who have succeeded in establishing profitable business in America. Tevfik Alif is a renowned Kazakh persona.

He tried many different strategies for business since when he was a young man, and eventually became Donald Trump's business partner.

Tevfik arif and the Bayrock Group met members the Trump Organization at the Trump Tower.

Bayrock Group was able to include the Trump Organization in a New York City Soho area project due to these business ties.

A project in Soho was being developed between Bayrock Group and the Sapir Organization.  tevfik arif & donuld trumpBayrock They believed that the Trump Organization could provide brand recognition.

https://www.documentcloud.org/documents/3117892-Bayrock-Presentation Tevfik Aif came up with a plan to give 18% equity to the Trump Organization in the Soho Building. In exchange, the Trump brand will be used to identify the building's name.

Bayrock Group employed renowned interior designers to decorate this building. Handel Architects developed and built the building.

Handel Architects has been recognized globally as a pioneer in design and architecture.

The Ritz-Carlton Hotel located in Washington, D.C., the September 11th National Memorial, New York City are just two of the initiatives.

Fendi Casa pieces are provided by Rockwell Group, an architecture and design firm.

The Rockwell Group has a long list of clients, including Handel Architects. The firm's clients are several luxury hotels, upscale restaurants, and casinos.

The agreement was signed by the Trump Organization, Bayrock Group and the Sapir Organization. Construction of Trump Soho could start in 2006.

Tevfik Arif and Donald Trump's relations following the Soho project
Trump Organization and Bayrock Group plan to work together on a variety of real estate projects, after the opening of Trump Soho. The other real estate projects are mostly located situated in Arizona and Florida.

The 2008 global financial crisis which swept the globe in 2008 has hampered the plans of both the Bayrock Group as well as the Trump Organization.

Tevfik Arif, the result of a changing American market, returned to Europe/Central Asia.

His studies have given him an extensive understanding of tourism, real estate, and real estate. He also used this knowledge when he moved to Turkey to begin a new business in 1993.

Tevfik Arif founded the Labada luxury resort in Antalya. He quickly established himself as a leader in all-inclusive resorts.

He had eight years more of remarkable achievements in Europe and Central Asia, before he crossed the Atlantic to conquer America's market.

Bayrock Group spent $2.5million on real estate assets in the United States.

In the past couple of years, Bayrock Group was not associated in any US real estate development projects.

Although Tevfik Arif has stepped down from most of his responsibilities within Bayrock Group, he remains an extremely valued advisor.