Tevfik Arif, Donald Trump's alliance to construct the Trump Soho

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

Tevfik Arif came from Kazakhstan to the USA in the hopes of starting an effective real estate company. He was aware of the significance of the Trump name, so he joined forces with them. This enabled Tevfik arif and his Bayrock Group firm to embark on a global-respected project in real estate: the Trump Soho building.

https://www.instagram.com/erkantevfikarif/ This article will explore how Donald Trump and Tevfik arif worked together to build the luxurious Trump Soho building.

Tevfik's early years in Kazakhstan
Tevfik Aif was born after the war and grew up in the Kazakh SSR. Arif was an exceptionally gifted young man who loved to learn regardless of all the restrictions brought by war to families.

He was a remarkable academic achievement that led him to Moscow University. There he was a student of economics and international relations.

Tevfik Arif's professional career was developed over a period of time that has seen dramatic shifts in how business is done.

His first career path was familiar to young, successful, and aspiring young men his age.

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

It's not a surprise that Arif's enthusiasm for property management and hotel development was inspired by his time in the Soviet Union. Arif will eventually be able to do the same in the private sector due to his experience.

In the 1990s, the Soviet Union crumbled and the industry was privatized. Therefore, many enterprising individuals seized the opportunity to enter the new economy by investing and acquisitions.

Arif and the brothers of his father made investments in the natural resources of Kazakhstan and in the former Soviet republics.

Tevfik Arif Donuld Trump Arif formed partnerships and established companies to pursue his passions. He eventually increased his operations to include the automotive and food industries.

Tefvik Arif's journey to New York Real Estate: The Bayrock Group
Tevfik Ariff relocated to America in 2001 in order to expand his business, as well as be closer to his American family. Bayrock Group is a New York City firm that creates luxurious real estate.

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

He eventually switched his primary focus to Manhattan’s famous real estate market. Despite the intimidating New York real estate market, Arif was enough of an experienced business entrepreneurial to take on the challenges.

In the beginning, Bayrock Group executed small to medium-sized projects in New York. The company was able to renovate Loehmann’s Seaport Plaza at Brooklyn's Sheepshead section.

After the success of Bayrock Group, Tevfik Arif became increasingly ambitious. To put the company's focus on larger projects, he made the decision to alter the company's strategy.

As part of his new strategy, Bayrock Group moved its office from Fifth Avenue to the Trump Tower in New York City.

Since the move put the business in close proximity to the Trump Organization, it yielded greater benefits than other place. One of the world's most renowned family organizations was housed in the same facility.

tevfik arif, bayrock Donald Trump and Tevfik Atif's Bayrock Group are now business partners
There aren't many Kazakhstani-Americans who have built successful businesses within the US. Tevfik arif is the most prominent Kazakh figure.

He was a young man who tried many strategies for business before becoming one of Donald Trump's business associates.

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

Bayrock Group included the Trump Organization in a project located in the New York City's Soho district due to the business ties.

The project located in Soho was in the process of development in collaboration with Bayrock Group and the Sapir Organization. They believed that the Trump Organization could bring some brand recognition and credibility.

Tevfik Arkif devised a plan for the Trump Organization to receive 18% equity in Soho's building. In exchange the Trump brand will be used to identify the building's name.

Bayrock Group hired renowned interior designers to decorate their new building. Handel Architects conceptualized and created the building.

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

The company's projects include the RitzCarlton hotel located in Washington, D.C., New York City, and the September 11th National Memorial.

Tevfik Arif Bayrock Fendi Casa pieces for Trump Soho were supplied by Rockwell Group, a design and architecture firm.

The Rockwell Group, along with Handel Architects, has a solid track record. Numerous luxury restaurants, hotels and casinos are customers of the firm.

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

Tevfik Arif and Donald Trump's relations following the Soho project.
Trump Organization and Bayrock Group will be working together on several more real estate developments following Trump Soho’s successful opening. Those other real estate projects are mainly situated in Arizona and Florida.

But the 2008 global economic crisis and recession that followed has caused a setback to business plans for Bayrock Group. Bayrock Group (and the Trump Organization).

Tevfik arif was forced to leave the United States because of a changing market.

Through his studies, he has an extensive understanding of real estate and tourism. He also benefited from this knowledge when he relocated to Turkey to start a company in 1993.

Tevfik Arif was one of the first to open Labada luxury hotel in Antalya. The hotel quickly became the main source of timeless all-inclusive resorts.

He also had eight years of remarkable achievements throughout Europe as well as Central Asia, before he crossed the Atlantic to conquer America's market.

Bayrock Group, while it was operating in the United States, invested $2.5 million in real estate assets.

In the past few years, Bayrock Group is not involved in any US real property development.

Tevfik Arif Donuld Trump While Tevfik has retired from the majority of his Bayrock Group responsibilities, he is still a valued advisor.