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Bayrock Group, a New York-based business founded by Tevfik Amir , a Turkish-Kazakh entrepreneur. Donald Trump is a client of the business.

Tevfik Arkik came to the US from Kazakhstan with the intention of creating an influential real-estate business. He recognized the potential of the Trump name and partnered with the family. This allowed Tevfik Alif as well as the Bayrock Group to lead a world-renowned property project called The Trump Soho.

This article will detail the partnership with Donald Trump, Tevfik Arif as well as others to construct the Trump Soho luxury building.

Tevfik Arif's first life in Kazakhstan

Tevfik Arif was born post-war and grew up in the strict family of the Kazakh SSR. He was a gifted child who was a lover of learning regardless of the restrictions that war brought to families.

His impressive academic accomplishments led him into Moscow University, where was taught international relations and economics.

Tevfik arif's life was built over a period of time of dramatic changes that impacted the way business was carried out.

His first career path was one that is familiar to the young as well as successful young men of his time.

Arif was employed by the Soviet government bureaucracy. tevfik arif, bayrock Tevfik Arif was employed by the Soviet Ministry of Commerce and Trade 17 years within its Hospitality Management Department. Arif held a variety of roles throughout his career, and eventually became deputy head.

The Soviet government was an excellent opportunity to gain knowledge about hotel management and property development. Arif will eventually be able to do the same in the private sector due to this experience.

In the beginning of 1990s, the Soviet Union collapsed, and the industry was privatized. This led to a number of entrepreneurs who seized the opportunity to enter the new economy by investing and acquisitions.

Arif and his siblings invested in the field of natural resources in Kazakhstan as well as other former Soviet countries.

Arif then furthered his interests in the business by creating additional companies and partnerships. He eventually expanded his business to include food and automotive markets.

Tefvik Arif's journey into New York real estate: the Bayrock Group

Tevfik relocated to America in 2001 to expand his business and live near his American family. Bayrock Group in New York City was his first venture. It develops luxury residential real estate.

The first Bayrock projects, despite Arif's efforts to connect and comprehend the local marketplace the majority of them were small.

His main focus shifted towards Manhattan's prestigious real property market. Arif was, despite New York City's intimidating realty market, was an experienced investor, who was an entrepreneur with the ability to take on the pressure.

Bayrock Group initially executed small-to medium-sized New York City projects. The company was able to renovate Loehmann’s Seaport Plaza at Brooklyn's Sheepshead section.

Tevfik Arif became more ambitious after the successes of Bayrock Group. To make the company more focused on the most important projects the strategy was redesigned by Tevfik Arif.

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

The move put the company close to the Trump Organization and also brought the most benefits of any location. This building housed one of the most well-known family organizations in history.

Donald Trump and Tevfik Atif's Bayrock Group are now business partners

There aren't many Kazakh immigrants entrepreneurs who made their mark in the US. When it comes to famous Kazakh figures, Tevfik Arif cannot be overlooked.

He was an untried young man who had tried numerous ways to make money before he was one of Trump's business associates.

At the Trump Tower, Tevfik Arif as well as the Bayrock Group met members of the Trump Organization.

Bayrock Group included the Trump Organization in a development in New York City's Soho district because of the business connections.

A project in Soho was being developed with 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 give the Trump Organization 18% equity in the Soho building. In exchange the Trump brand would be used to identify the building's name.

Bayrock Group hired world-renowned interior designers to decorate the building and Handel Architects designed the structure.

Handel Architects is a leader in design and architecture.

Projects of the firm include the Ritz-Carlton hotel, Washington, D.C., and also the September 11th National Memorial, New York City.

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

tevfik arif, bayrock The Rockwell Group also has an impressive resume, just like Handel Architects. The firm's clients are several luxury hotels, upscale restaurants, and casinos.

The agreement was concluded between the Bayrock Group, Sapir Organization and Trump Organization. Construction could begin in 2006 at Trump Soho.

Tevfik Arif and Donald Trump's relationship after the Soho project.

Tevfik Arif Bayrock Trump Organization and Bayrock Group will be working together on additional real estate developments following Trump Soho’s successful opening. The other real-estate projects are mostly located in Arizona or Florida.

But the 2008 global economic downturn and subsequent recession hampered business plans at Bayrock Group. Bayrock Group (and the Trump Organization).

Because of the changing market in America, Tevfik Aif decided to return to Europe and Central Asia.

He acquired extensive information about tourism and real estate throughout his studies. It was also useful when he relocated to Turkey in 1993 to begin an entrepreneurial venture.

Tevfik Arif established the Labada luxury hotel in Antalya and quickly became an innovator behind the classic all-inclusive resorts.

Tevfik Arif Bayrock He was able to boast eight more years of remarkable achievements in Europe and Central Asia, before he crossed the Atlantic to dominate America's market.

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

For the past few years, The Bayrock Group has not been involved in any US real estate development project.

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

tevfik arif & donuld trump