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The company based in New York, Bayrock Group was founded in 2001 by Turkish-Kazakh businessman Tevfik Arif. Donald Trump is one of the most prominent customers of the firm which is a specialist in luxury property development. Tevfik Alif fled Kazakhstan to start a successful real estate business. He was aware of the power of Trump's name and partnered up with his family. This enabled Tevfik Arif as well as his firm, Bayrock Group Bayrock Group, to be the lead in a world-renowned real-estate project: the Trump Soho building. This article will detail the partnership with Donald Trump, Tevfik Arif, and others to build the Trump Soho luxury building. Tevfik Aif's first years in Kazakhstan Tevfik Aif was born after the war and grew up in the Kazakh SSR. He was a talented child who loved studying, regardless of all the limitations that war caused to families. His outstanding academic accomplishments led him to Moscow University, where he did his studies in international relations and economics. Tevfik Arif's professional career was developed over a period of time that has seen drastic changes in the way business is carried out. Tevfik Arif Donuld Trump His first career path is well-known to young ambitious, successful, and successful young men of his time. Arif was employed in the Soviet government bureaucracy. Tevfik worked for the 17-year period of the Soviet Ministry of Commerce and Trade within its Hospitality Management Department. Arif rose to the position as deputy department head throughout his tenure. It's not a surprise that Arif's passion for property management and hotel development was inspired by his time in the Soviet Union. That experience would eventually make Arif pursue those types of business in the private sector. In the early 1990s the Soviet Union was destroyed and the industry was privatized. Many people saw an opportunity to become entrepreneurs by investing in and buying new companies. Arif and his siblings invested in the field of natural resources in Kazakhstan and in other former Soviet countries. Arif has also created other companies and partnerships to expand his interest in the sector. He later expanded his business into the food and automotive industries. The Bayrock Group is Tefvik Arif’s path to New York real estate. Tevfik Alif immigrated to America in 2001. He wanted to expand his company and be closer with his American family. Bayrock Group, which is a New York City development of luxury realty, was established by Tevfik Arif. Tevfik Arif Donuld Trump The initial projects of Bayrock were small, despite Arif's efforts and understanding of the local market. His primary focus eventually shifted towards Manhattan's prestigious real property market. tevfik arif, bayrock Arif was, in spite of New York City's intimidating realty market, was a seasoned investor who is an entrepreneur with the ability to handle the demands. Bayrock Group initially executed small-to medium-sized New York City projects. One example is the renovation of the Loehmann's Seaport Plaza, Brooklyn's Sheepshead neighborhood. Tevfik Arif, who was inspired by the achievements of Bayrock Group, became more ambitious. He decided to modify the company's strategy in order to concentrate the company's efforts on bigger projects. Bayrock Group's offices were moved from Fifth Avenue in New York City to help support his new strategy. It was a good location to the Trump Organization which brought the most significant benefits than in any other area. Tevfik Arif Donuld Trump It also housed one the most prominent family organizations across the nation. Donald Trump and Tevfik Alif's Bayrock Group have become business partners There aren't a lot of Kazakhs in the United States. Kazakhstan that have created successful businesses in the US. Tevfik Alif is an eminent Kazakh persona. Since his childhood He has experimented with various business strategies in an effort to be one of Donald Trump's business associates. Tevfik arif as well as the Bayrock Group met members of the Trump Organization at the Trump Tower. Bayrock Group, owing to these business connections, also included the Trump Organization on a project in New York City’s Soho District. Bayrock Group had already begun to work with the Sapir Organization on a Soho project. They believed that the Trump Organization could bring some branding recognition and prestige. Tevfik Arif Tevfik Alif developed a plan to offer Trump Organization 18% equity in the Soho property. In exchange, the Trump brand would be used as the building's name. Bayrock Group employed renowned interior designers to design the interior of this structure. Handel Architects created and constructed the structure. In terms of design and architecture, Handel Architects is recognized as a leader in the field with experience worldwide. The firm's projects include the Ritz-Carlton hotel in Washington, D.C., and the September 11th National Memorial in New York City. 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. Many luxury hotels, elegant restaurants, and casinos are some of the clients the firm serves. Bayrock Group, the Sapir Organization and the Trump Organization signed the agreement and the building of the area that would be Trump Soho could begin in the year 2006. The relationship between Tevfik and Donald Trump after the Soho project Trump Organization and Bayrock Group plan to work together on several additional real estate developments, following the launch of Trump Soho. The real estate projects are located mainly in Arizona, Florida. The global financial crisis which struck the globe in 2008 caused a devastating effect on business plans of the Bayrock Group, and the Trump Organization. Tevfik Alif returned to Europe, Central Asia and the United States due to a shift in the market. His vast knowledge of real estate as well as tourism he gained during his studies is testament to this. The knowledge he gained was also utilized when he relocated to Turkey to establish a company in 1993. Tevfik Arif was the founder of the Labada luxury resort in Antalya. https://www.domestika.org/en/thyssenlevine869/ He quickly established himself as a leader in resorts that offer all-inclusive services. He was able to boast eight more years of astonishing accomplishments throughout Europe and Central Asia, before he crossed the Atlantic to dominate America's market. Bayrock Group, while it was operating in the United States, invested $2.5 million in real property assets. The Bayrock Group did not undertake any US real property development projects in the past few decades. Tevfik Aif has been released from Bayrock Group but he remains an important advisor.