Tevfik and Donald Trump partner to build Trump Soho

Bayrock Group is a New York-based company created by Tevfik Arif ( Turkish Kazakh-Kazakh) in 2001. Donald Trump is one client. The Bayrock Group is well-known for its experience in the creation of luxury properties.

Tevfik Arif immigrated from Kazakhstan to America with the intent to start a successful real estate business. He knew of the Trump family's influence and joined the partnership. This enabled Tevfik Arif as well as his firm, the Bayrock Group, to lead a world-renowned real estate project which is the Trump Soho building.

This article will discuss the ways in which Donald Trump and Tevfik Amir collaborated to create the lavish Trump Soho Building.

Tevfik Arif's first life in Kazakhstan
Tevfik Arif was born post-war and lived in the conservative family of the Kazakh SSR. He was a gifted young man who enjoyed learning, despite all of the limitations that war brought to homes.

His impressive academic achievements earned him acceptance by Moscow University, where his studies were in international relations.

Tevfik Arif's career spans decades and has seen significant changes in the business methods.

His early career path was familiar to successful, young and ambitious young men at his age.

Arif was employed by the Soviet government bureaucracy. Tevfik Aif was employed by the Soviet Ministry of Commerce and Trade for 17 years as an employee of its Hospitality Management Department. He was in various positions during his career, eventually rising to deputy chief of the department.

Working in the Soviet government definitely brought about an interest in hotel property development and management. Arif would later be able to pursue these types of enterprises in the private sector because of his experiences.

The Soviet Union collapsed in the early 1990s.  Tevfik Arif Donuld Trumptevfik arif, bayrock The industry was then privatized. A lot of people saw an opportunity to join the new economy by investing and acquisitions.

Arif and the brothers of his father were investors in the natural resources of Kazakhstan and in the former Soviet republics.

Bayrock Arif has also created various partnerships and businesses to expand his interest in the sector. His business eventually expanded into the automotive and food sectors.

Tefvik Arif's path to New York Real Estate: The Bayrock Group
Tevfik moved to America in 2001 in order to expand his business and be near his American family. Bayrock Group is a New York City company that is developing high-end real estate.

The early Bayrock projects were diverse, despite Arif’s efforts to establish his connections and understand local markets.

He finally changed his main focus to Manhattan's prestigious residential real property market. Arif was a seasoned investor and business entrepreneurwho could deal with the pressures of the real estate market.

Bayrock Group began by executing small-to-medium-sized New York projects. For instance, Bayrock Group transformed Loehmanns Seaport Plaza in Brooklyn’s Sheepshead Area.

Tevfik Arif, who was inspired by the successes of Bayrock Group, became more enthusiastic. To focus the company's strategy on larger projects, he decided to change the strategy of the company.

Bayrock Group's offices were relocated from Fifth Avenue in New York City to help support his new strategy.

Because the company was located near Trump Organization This move brought about more significant advantages than any other place. The same building also housed one of the world's most respected family-oriented organizations around the globe.

Donald Trump and Tevfik Aif's Bayrock Group become business partners
There aren't many Kazakhstani-Americans who have created successful businesses within the US. Tevfik Amir is a well-known Kazakh figure who should not be ignored.

Since his youth, he has tried various business strategies to try to become one of Donald Trump's business partners.

In the Trump Tower, Tevfik Arif and the Bayrock Group met members of the Trump Organization.

Bayrock Group was able to incorporate the Trump Organization in a New York City Soho area project because of the business connections.

A project in Soho was in the process of development between Bayrock Group and the Sapir Organization. But, they believed that the Trump Organization could add some brand recognition and prestige.

Tevfik Arif drafted a plan to grant the Trump Organization 18% equity in the Soho building. In exchange the Trump brand will be used as the construction's name.

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

Handel Architects is a leader in architecture and design.

Projects of the firm include the Ritz-Carlton Hotel in Washington, D.C., as well as the September 11th National Memorial, New York City.

Fendi Casa pieces were provided for Trump Soho by the design and architecture firm Rockwell Group.

The Rockwell Group has a long list of clients, including Handel Architects. Its clients include luxury hotels and fine dining establishments, and casinos.

Bayrock Group, the Sapir Organization, and the Trump Organization signed the agreement, and the construction of what would eventually become Trump Soho could begin in the year 2006.

Tevfik Arif and Donald Trump's relationship following the Soho project.
After the success of Trump Soho the Bayrock Group and Trump Organization are planning to collaborate on other real estate projects. The other real estate projects are mainly in Arizona & Florida.

The global financial crisis which struck the globe in 2008 caused a devastating impact on the business plans for the Bayrock Group, and the Trump Organization.

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

His extensive knowledge of real estate and tourism that he acquired through his studies is a evidence of this.  DoyenBayrockTevfik Arif It proved to be a great asset when he relocating from the US to Turkey in order to start his own business.

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

He achieved more impressive feats in Central Asia and Europe over the next eight years. After that, he left the Atlantic to enter the American market.

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

Over the past several years, The Bayrock Group has not been involved in any US real-estate development projects.

Although Tevfik Arif has stepped down from the majority of his responsibilities within Bayrock Group, he remains a highly valued advisor.