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Thursday, 25 July 2019
Skyrise Miami’s Developers Can Take a Page from Bayrock’s Tevfik Arif

Relying on experience and expertise gained through early business ventures, Tevfik Arif established became a successful international real estate investor and property developer.

Tevfik Arif is a Turkish-Kazakh businessman who is most well-known in the United States for his business ventures in New York City real estate and his partnership with Donald Trump before he became president.

After Donald Trump won the election, the American public became increasingly interested in his earlier business relationships, including his deals with foreign businessmen like Tevfik Arif. The mystery surrounding some of these individuals often led to exaggerated claims and assumptions about their past, motivations and character.

Some became unwilling players in a constructed narrative that threatened to damage their reputation and upend their business ambitions. While not much may be publicly known about Tevfik Arif, he built a successful international business enterprise based in Central Asia and Europe before expanding his interests to the United States.

Early Years

Tevfik Arif, who is also known as Tofik Arifov, was born in 1953 to Turkish parents living in the former Soviet Union, in what would become the modern-day country of Kazakhstan. He was born the second son of four boys. While not much is known about his early years or family life, as he has preferred to keep his personal life private, it is reasonable to assume that his ambitious character and entrepreneurial work ethic was influenced by his experiences growing up.

Education

Arif earned a bachelor’s degree in international relations from the Moscow Institute of Trade and Economics, demonstrating an interest in business and global trade systems. Upon graduating, Arif began working in the public sector. His respected career as a civil servant spanned 17 years. During that time, he served as chief economist and deputy director of the food and hospitality department of the Soviet Union’s Government Ministry of Trade. His studies in international relations and his work in the government ministry provided Arif with a wealth of knowledge and experience that would later guide him in the private sector.

Early Business Ventures

Arif ended his career as a civil servant in 1991 when he left the ministry during the dissolution of the Soviet Union. He turned his interests to the business world where the privatization of enterprises and property during the economic restructuring of the former Soviet republics was underway.

His former position in the government had provided Arif with an opportunity to network and collaborate with several business leaders and government officials. These valuable skills and connections enabled him to expand his business interests. This included the acquisition of the Akytyubinsk Chromium Chemicals Plant (ACCP), a chromium plant located in Kazakhstan – a joint venture between Arif and his brother.

Arif’s global business began in the natural resource sector. In addition to the chromium plant, Arif founded the Specialty Chemicals Trading Company whose operations handled the import and export of metals and raw materials. He would continue his work in the natural resources field in numerous management, investment and supervisorial roles, including as a representative for Trans World Group – a commodity training company that was one of the largest of its kind in the world at one point.

Real Estate Investment and Luxury Property Development

His early success demonstrated his ability to operate in a high-stakes industry, negotiating complex deals and partnerships with powerful business leaders and building a global enterprise. In addition to his operations in raw materials and natural resources, Arif Bayrock - Tevfik Arif,Donald Trump began pursuing real estate investment and property management – more specifically in luxury residential and hotel development. Many of his early investment and development projects were located across the Central Asian region – in Turkey, Azerbaijan and Kazakhstan. One of his early real estate ventures included the development and construction of the luxury Labada Hotel in Antalya, Turkey. Finding success in real estate investment, Arif looked to expand his interests to other lucrative markets.

Arif founded the New York City real estate investment firm Bayrock Group LLC in 2001. The competitive American market offered a challenge to the seasoned and savvy https://newsblaze.com/usnews/travel/symbol-of-luxurys-by-tevfik-arif_139642/ investor. One of the first projects completed by Bayrock was the development and expansion of Loehmann’s Seaport Plaza, a shopping center located in Sheepshead Bay Brooklyn.

Many of Bayrock’s first projects were small as Arif build his network of connections and understanding of the local market. He soon set his sights on the more prestigious Manhattan real estate market. While New York real estate can be quite intimidating, especially to outsiders, Arif was a seasoned investor and business entrepreneur.

He relocated Bayrock’s offices to Trump Tower, located in the heart of Manhattan. This proximity to Donald Trump, whose own offices were located in the building, quickly led to the development of a working relationship between the two companies.

In 2006, Bayrock and the Trump Organization announced a deal to build Trump SoHo, a 46-story, 391-room luxury hotel and condominium complex. The building would be developed and built by Bayrock in partnership with the Sapir Organization, led by Tamir Sapir – a self-made billionaire, under a licensing and operating agreement with the Trump Organization. Under the agreement, Trump did not invest any capital in the development of Trump SoHo tower, which was completed in 2008, instead, the developers licensed the Trump brand to raise https://thesportsdaily.com the profile of the project to attract investors and property buyers.

Bayrock and the Trump Organization originally had plans for property developments under similar licensing agreements in Florida and Arizona, but the working relationship between Tevfik Arif & Donald Trump Bayrock and Trump ended with the housing market collapse in 2008. During this time, Arif began shifting his interests away from the American real estate market and back to Europe Tevfik Arif Bayrock and Central Asia.

Arif’s leadership skills, connections, experience and extensive knowledge of international business relations have enabled Tevfik Arif to build an extensive international enterprise.

Today, Arif has partially retired, however, he maintains an advisory role in his family’s global business operations. He has turned his interests to his personal and charitable endeavors including donations to local organizations providing vital community services.

Article Source:

https://baltimorepostexaminer.com/all-about-tevfik-arif-and-bayrock-group-beyond-donald-trump-and-trump-soho/2019/07/15


Posted by tevfikarifbayrockzztx934 at 2:39 PM EDT
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Monday, 22 July 2019
All About Tevfik Arif and Bayrock Group – Beyond Donald Trump and Trump SoHo

Relying on experience and expertise gained through early business ventures, Tevfik Arif established became a successful international real estate investor and property developer.

Tevfik Arif is a Turkish-Kazakh businessman who is most well-known in the United States for his business ventures in New York City real estate and his partnership with Donald Trump before he became president.

After Donald Trump won the election, the American public became increasingly interested in his earlier business relationships, including his deals with foreign businessmen like Tevfik Arif. The mystery surrounding some of these individuals often led to exaggerated claims and assumptions about their past, motivations and character.

Some became unwilling players in a constructed narrative that threatened to damage their reputation and upend their business ambitions. While not much may be publicly known about Tevfik Arif, he built a successful international business enterprise based in Central Asia and Europe before expanding his interests to the United States.

Early Years

Tevfik Arif, who is also known as Tofik Arifov, was born in 1953 to Turkish parents living in the former Soviet Union, in what would become the modern-day country of Kazakhstan. He was born the second son of four boys. While not much is known about his early years or family life, as he has preferred to keep his personal life private, it is reasonable to assume that his ambitious character and entrepreneurial work ethic was influenced by his experiences growing up.

Education

Arif earned a bachelor’s degree in international relations from the Moscow Institute of Trade and Economics, demonstrating an interest in business and global trade systems. Upon graduating, Arif began working in the public sector. His respected career as a civil servant spanned 17 years. During that time, he served as chief economist and deputy director of the food and hospitality department of the Soviet Union’s Government Ministry of Trade. His studies in international relations and his work in the government ministry provided Arif with a wealth of knowledge and experience that would later guide him in the private sector.

Early Business Ventures

Arif ended his career as a civil servant in 1991 when he left the ministry during the dissolution of the Soviet Union. He turned his interests to the business world where the privatization of enterprises and property during the economic restructuring of the former Soviet republics was underway.

His former position in the government had provided Arif with an opportunity to network and collaborate with several business leaders and government officials. These valuable skills and connections enabled him to expand his business interests. This included the acquisition of the Akytyubinsk Chromium Chemicals Plant (ACCP), a chromium plant located in Kazakhstan – a joint venture between Arif and his brother.

Arif’s global business began in the natural resource sector. In addition to the chromium plant, Arif founded the Specialty Chemicals Trading Company whose operations handled the import and export of metals and raw materials. He would continue his work in the natural resources field in numerous management, investment and supervisorial roles, including as a representative for Trans World Group – a commodity training company that was one of the largest of its kind in the world at one point.

Real Estate Investment and Luxury Property Development

His early success demonstrated his ability to operate in a high-stakes industry, negotiating complex deals and partnerships with powerful business leaders and building a global enterprise. In addition to his operations in raw materials and natural resources, Arif began pursuing real estate investment and property management – more specifically in luxury residential and hotel development. Many of his early investment and development projects were located across the Central Asian region – in Turkey, Azerbaijan Tevfik Arif and Kazakhstan. One of his early real estate ventures included the development and construction of the luxury Labada Hotel in Antalya, Turkey. Finding success in real estate investment, Arif looked to expand his interests to other lucrative markets.

Arif founded the New York City real estate investment firm Bayrock Group LLC in Trump Towers 2001. The competitive American market offered a challenge to the seasoned and savvy investor. One of the first projects completed by Bayrock was the development and expansion of Loehmann’s Seaport Plaza, a shopping center located in Sheepshead Bay Brooklyn.

Many of Bayrock’s first projects were small as Arif build his network of connections and understanding of the local market. He soon set his sights on the more prestigious Manhattan real estate market. While New York real estate can be quite intimidating, especially to outsiders, Arif was a seasoned investor and business entrepreneur.

He relocated Bayrock’s offices to Trump Tower, located in the heart of Manhattan. This proximity to Donald Trump, whose own offices were located in the building, quickly led to the development of a working relationship between the two companies.

In 2006, Bayrock and the Trump Organization announced a deal to build Trump SoHo, a 46-story, 391-room luxury hotel and condominium complex. The building would be developed and built by Bayrock in partnership with the Sapir Organization, led by Tamir Sapir – a self-made billionaire, under a licensing and operating agreement with the Trump Organization. Under the agreement, Trump Tevfik Arif Bayrock did not invest any capital in the development of Trump SoHo tower, which was completed in 2008, instead, the developers licensed the Trump brand to raise the profile of the project to attract investors and property buyers.

Bayrock and the Trump Organization originally had plans for property developments under similar licensing agreements in Florida and Arizona, but the working relationship between Bayrock and Trump ended with the housing market collapse in 2008. During this time, Arif began shifting his interests away from https://www.facebook.com/pages/category/Nonprofit-Organization/Tevfik-Arif-Bayrock-258754714625630/ the American real estate market and back to Europe and Central Asia.

Arif’s leadership skills, connections, experience and extensive knowledge of international business relations have enabled Tevfik Arif to build an extensive international enterprise.

Today, Arif has partially retired, however, he maintains an advisory role in his family’s global business operations. He has turned his interests to his personal and charitable endeavors including donations to Bayrock - Tevfik Arif,Donald Trump local organizations providing vital community services.

Article Source:

https://baltimorepostexaminer.com/all-about-tevfik-arif-and-bayrock-group-beyond-donald-trump-and-trump-soho/2019/07/15


Posted by tevfikarifbayrockzztx934 at 4:54 PM EDT
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Sunday, 14 July 2019
Business Highlight: Case Against Bayrock Founder Tevfik Arif Dismissed

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and https://mastodon.social/@Doyen/101308043495567190 property developer with a diverse background and experience working in various markets around the world. Arif, whose family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests Bayrock - Tevfik Arif,Donald Trump in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to Tevfik Arif establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was Tevfik Arif & Donald Trump able to establish a partnership between Bayrock and another prominent Manhattan real estate property development firm, the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business https://littlesis.org/person/50049-Tevfik_Arif experience, Arif understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances with local and federal officials, who had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting several candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political party the elected candidate belongs to. Arif made it a priority to maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


Posted by tevfikarifbayrockzztx934 at 1:14 PM EDT
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Friday, 12 July 2019
Business Highlight: Case Against Bayrock Founder Tevfik Arif Dismissed

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and property developer with a diverse background and experience working in various markets around the world. Arif, whose family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of mastodon.social/@Doyen/101308043495567190 the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly Tevfik Arif Bayrock outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was able to establish a partnership between Bayrock and another prominent Manhattan real estate property development firm, the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress Bayrock - Tevfik Arif,Donald Trump of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business experience, Arif understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances with local and federal officials, who had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting several Tevfik Arif candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political party the elected candidate belongs to. Arif made https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16 it a priority to maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


Posted by tevfikarifbayrockzztx934 at 7:27 AM EDT
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Tuesday, 9 July 2019
Tevfik Arif Advanced Business Ventures in the United States through Strategic Alliances with Donald Trump, Hillary Clinton and Michael Bloomberg

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and property developer with a diverse background and experience working in various markets around the world. Arif, whose family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding https://www.flickr.com/photos/157851153@N05/33969891068/in/photolist-dU3t8b-TKNz83 of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and https://augustafreepress.com began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was able to establish a partnership between Bayrock and another prominent Manhattan real estate property development firm, the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business experience, Arif understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances mastodon.social/@Doyen/101308043495567190 with local and federal officials, who Bayrock - Tevfik Arif,Donald Trump had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting several candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political party the elected candidate belongs to. Arif made it a priority to maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their bayrock development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


Posted by tevfikarifbayrockzztx934 at 12:50 PM EDT
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Sunday, 7 July 2019
Tevfik Arif Advanced Business Ventures in the United States through Strategic Alliances with Donald Trump, Hillary Clinton and Michael Bloomberg

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and property developer with a diverse background and experience working in various markets around the world. Arif, whose family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City https://mastodon.social/@Doyen/101308043495567190 market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not Tevfik Arif Bayrock a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was able to establish a partnership between Bayrock and another prominent Manhattan real estate property development firm, augustafreepress.com/establishing-allies-in-business-and-politics-tevfik-arif-kanat-saudabayev-hillary-clinton-rudy-guiliani-tamir-sapir-and-donald-trump/ the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business experience, Arif understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances with local and federal officials, who had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting several candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political Tevfik Arif & Donald Trump party the elected candidate belongs to. Arif made it a priority to Bayrock - Tevfik Arif,Donald Trump maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


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Wednesday, 3 July 2019
Data Breach: Football, Tevfik Arif and the Doyen Group – the Negative Effects of Leaks

How far is too far? Confronting the accusations against Tevfik Arif and Doyen Group by Portuguese whistleblower Rui Pinto.

The biggest information leak in sports history was released over a span of four years, bringing with it international criticism from various sources regarding Football Leaks’ exaggerated claims. The news from Football Leaks, a website that was launched in the year 2015, released a series of private information retrieved through cybercrime to extract money from football groups and organizations. The supposed confidential information dispatched news concerning famous footballers, negatively affected the world’s most prominent players, teams, coaches and even Tekfik Arif and Doyen group.

The crime was allegedly caused by a young 30-year-old Portuguese hacker, named Rui Pinto by the media in Lisbon. Rui is a college dropout who was interrogated by Portugal’s Policia Juiciaria after he was accused of the crime. His actions stirred skepticism and exposed an untouched side of soccer finance that gave the football players and coaches a bad image.

What Drove Rui Pinto to Cause Such a Scandal?

According to lawyers, Pinto’s utter distaste for criminal activity in the sports industry ignited the breach and recent Football Leaks scandal. The outrage that he feels doesn’t justify his actions for exposing such massive and accusatory claims. Pinto was in complete violation of national and international football regulations that in turn tarnished the reputation of important football players. Pinto became an “important European whistleblower for Football Leaks” and his actions ignited multiple European judicial authorities to retrieve newfound knowledge on unlawful actions throughout the football industry.

Football Leaks was created with a collective of information from Real Madrid, Porto FC and Doyen Group among others. Doyen Investment Sports was one of the severely affected companies by this cybercrime. Based in Turkey since 2011, Doyen Group is managed by the Arif family. Tevfik Arif and Refik Arif were born in Kazakhstan. Later on, they became successful Soviet businessmen skilled in the art of real estate and business.

After some point, Tevfik Arif decided to extend his business to the United States. In 2001, Arif joined real estate agreements with Donald Trump. His reputation was tarnished with lofty claims and leaks about Doyen group from a website that simply cannot be relied on as factual.

In Bayrock - Tevfik Arif,Donald Trump addition to the slew of news, another claim from Football Leaks was that prominent football player Cristiano Ronaldo of Portugal raped Kathryn Mayorga. Documents regarding these allegations were retrieved from the representatives and lawyers closest to the footballer without his consent or knowledge. Other claims that were published on the website involved strange contract clauses that were inserted into the players’ contracts. Back in 2016, it was revealed that Neymar da Silva Santos Jr. received 2.5 million Euros a year for not criticizing PSG’s manager publicly.

What is True and What is False in Data Breaches?

Currently, leaked news and data breaches are nothing new in the digital era. These actions of cybercrime not only occur in the United States; leaks such as these happen everywhere, and no country, sport or team is exempt. From data records gathered by Varonis, since 2013, more than 1 billion records were lost or stolen in the United States. Canada has the second highest data breach per capita at a cost of approximately 92 billion records. France experiences the second most identity thefts in the world. Some data breaches don’t always involve losing money and can sometimes be a way for hackers to gain Tevfik Arif the information of users. In late 2016, Uber was adversely impacted when personal information of 57 million Uber users and 600,000 drivers were exposed.

An investigation led to the knowledge that hackers managed to gather names, mobile phone numbers and driver’s license numbers of 600,000 Uber drivers. As far as the news goes, Social Security numbers and credit card information were not stolen. Another large-scale company that was shed with negative light was Yahoo. Tevfik Arif & Donald Trump In the year 2013, Yahoo fell victim to the biggest thesportsdaily.com/2019/01/31/victory-for-businessman-tevfik-arifs-doyen-sports-as-extent-of-football-leaks-foul-play-becomes-clear/ data breach in history. In 2014, the attack stole 500 million users’ telephone numbers, birth dates, email addresses and names. The passwords stolen had been hashed using the sophisticated bcrypt algorithm. The financial consequences of this breach cost Yahoo an estimated at $350 million. Eventually, Verizon swooped in bough them out, paying a whopping $4.48 billion for Yahoo’s core internet business. When these types of data leaks occur, multiple companies can be adversely affected, and their reputations could be completely ruined.

Hackers who retrieve information from major companies are usually unknown and their identities are never revealed. This can raise suspicion as to the credibility of the data since it can always be altered according to one’s specific needs. The lack of credibility in the data exposed is one of the reasons why data breaches also cannot be trusted.

Data security is a major concern for companies and individuals everywhere and the high levels of sophistication of cyber attacks paired with lack of proper cybersecurity can cause businesses to collapse. Data breaching is a violation of company rights and regulations. It also causes irreparable damage to various companies and their employees. Every second, more than 56 data records are released or leaked around the world while large organizations are deeply dependent on storing online information.

Hackers everywhere in the world will always hide their identities in fear of being found out. Rui Pinto’s identity was revealed later after his misdeeds were exposed in news all over Spain and Portugal. Tevfik Arif Bayrock This goes to show however agile and careful hackers tend to be, there will always be someone two steps ahead to reveal their crimes. In order to keep organizations and even your own company’s data safe, it’s best to keep these vital tips in mind. Always upgrade software when it’s no longer supported by the manufacturer, enforce complicated credentials and multi-factor authentication and impart knowledge to employees on the best security practices to avoid data breaches and leaks. The lessons learned from Football Leaks affected everyone from lesser-known businessman Tevfik Arif of the Doyen Group to the worlds most famous football stars of all-time.

Aritcle Source:

http://www.bocaratontribune.com/bocaratonnews/2019/02/data-breach-football-tevfik-arif-doyen-group-negative-effects-leaks/


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Wednesday, 5 June 2019
Tevfik Arif Advanced Business Ventures in the United States through Strategic Alliances with Donald Trump, Hillary Clinton and Michael Bloomberg

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and property developer with a diverse background and experience working in various markets around the world. Arif, whose family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who Tevfik Arif & Donald Trump had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was able to establish a partnership between Bayrock and another prominent Manhattan real estate property development firm, the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business experience, Arif https://www.spokeo.com understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances with local and federal officials, who had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting Tevfik Arif Bayrock several candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political party the elected candidate belongs to. Arif made it a priority to maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Under the agreement, Trump did not invest his own capital in developing the building that would feature his name, rather all financing, development and construction would be completed by Bayrock and the Sapir Organization. The Trump SoHo development was featured on Trump’s hit television show, The Apprentice, boosting its public profile.

The land purchased for the project was originally zoned for manufacturing, but Bayrock and the Sapir Organization were able to obtain approval for the design of the hotel-condo development with certain stipulations through negotiations with then-Democratic New York City Mayor Michael Bloomberg. The $450 million 46-story skyscraper was completed in 2010.

Tevfik Arif and Bayrock explored the possibility of expanding the licensing partnership with Trump in projects developed in the United States and other countries, however, none of Tevfik Arif these projects were pursued. Arif and Trump ended their business partnership with the Bayrock - Tevfik Arif,Donald Trump downturn of the real estate market during the recession in 2008.

Tevfik Arif, while maintaining an advisory role, has largely retired from the day to day operations of his family’s business. His entrepreneurial success has allowed his family to expand their operations globally into several industrial sectors and real estate markets. Through equal parts ambition and perseverance, Arif has transformed himself from a young boy growing up in Soviet Kazakhstan to a savvy business leader with successful ventures across the globe.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


Posted by tevfikarifbayrockzztx934 at 1:50 PM EDT
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Wednesday, 29 May 2019
Tevfik Arif Advanced Business Ventures in the United States through Strategic Alliances with Donald Trump, Hillary Clinton and Michael Bloomberg

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and property developer with a diverse background and experience working in various markets around the world. Arif, whose family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality Browse around this site department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was able to establish a partnership between Bayrock and another Tevfik Arif prominent Manhattan real estate property development firm, the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. Website link This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar bayrock working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business experience, Arif understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances with local and federal officials, who had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting several candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political party the elected candidate belongs to. Arif made it a priority to maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Under the agreement, Trump did not invest his own capital in developing the building that would feature his name, rather all financing, development and construction would be completed by Bayrock and the Sapir Organization. The Trump SoHo development was featured on Trump’s hit television show, The Apprentice, Tevfik Arif Bayrock boosting its public profile.

The land purchased for the project was originally zoned for manufacturing, but Bayrock and the Sapir Organization were able to obtain approval for the design of the hotel-condo development with certain stipulations through negotiations with then-Democratic New York City Mayor Michael Bloomberg. The $450 million 46-story skyscraper was completed in 2010.

Tevfik Arif and Bayrock explored the possibility of expanding the licensing partnership with Trump in projects developed in the United States and other countries, however, none of these projects were pursued. Arif and Trump ended their business partnership with the downturn of the real estate market during the recession in 2008.

Tevfik Arif, while maintaining an advisory role, has largely retired from the day to day operations of his family’s business. His entrepreneurial success has allowed his family to expand their operations globally into several industrial sectors and real estate markets. Through equal parts ambition and perseverance, Arif has transformed himself from a young boy growing up in Soviet Kazakhstan to a savvy business leader with successful ventures across the globe.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


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Friday, 24 May 2019
Tevfik Arif Advanced Business Ventures in the United States through Strategic Alliances with Donald Trump, Hillary Clinton and Michael Bloomberg

When Tevfik Arif set his sights on the Manhattan real estate market, he made it a priority to develop important connections with business and political insiders to help him establish a foothold in the industry.

Tevfik Arif is an ambitious entrepreneur, industrialist, investor and property developer with a diverse https://www.myheritage.com/names/tevfik_arif background and experience working in various markets Tevfik Arif & Donald Trump around the world. Arif, whose Learn more here family is Turkish, was born in the Soviet Union Republic of Kazakhstan.

With a keen eye for people and business, he pursued a degree in international relations at a university in Moscow. Upon completing his degree, Arif began his career as a civil servant in the Soviet Union Government Ministry of Trade within the ministry’s food and hospitality department. For 17 years Arif served within the government agency as chief economist and deputy director, gaining extensive knowledge and understanding of the inner workings between business leaders and government officials.

When the Soviet Union collapsed in 1991, Arif left public service for the private sector. He started a private company, the Specialty Chemicals Trading Company, that dealt with the export-import of raw materials, primarily chrome and other rare metals. He continued to expand his interests in the mining and raw materials industry through advisory, managerial and ownership roles in several companies over the years.

With his experience and expertise in the hospitality industry gained serving in the Soviet government, Arif began investing and developing luxury hotels in Turkey, including the Hotel Labada situated on the Mediterranean coast, now part of the Rixos chain of resorts.

Delivering Luxury to the New York City Property Market

In 2001, Tevfik Arif ambitiously expanded his international luxury real estate ventures to the United States. He launched the company Bayrock Group and began investing in the New York City property market.

After first investing in commercial and residential property developments in Brooklyn, such as theLoehmann’s Seaport Plaza in Sheepshead’s Bay, he quickly outgrew the borough and set his sights on the more prestigious real estate market of Manhattan.

To generate new opportunities and to ensure the success of his new business enterprise, Arif made it a priority to establish mutually beneficial relationships with leading businesspeople and influential politicians. He sought out industry insiders to help him learn the ins and out of the New York City market. He positioned himself within a circle of influential New York City real estate investors.

Arif took Bayrock straight to the heart of Manhattan real estate by establishing the offices of the firm on the 24thfloor of Trump Tower on Fifth Avenue. This was not a coincidence, but a strategic decision by Arif, as it positioned the firm’s office directly outside the elevators used by executives with offices on the upper floors of the building, including Donald Trump himself, who had to transfer elevators before going down to the street level.

Through his networking efforts, Tevfik Arif was able to establish a partnership between Bayrock and another prominent Manhattan real bayrock estate property development firm, the Sapir Organization, founded by Georgian immigrant and self-made billionaire Tamir Sapir. This profitable alliance would lead to the construction of a luxury project that would become the highlight of Bayrock’s development portfolio.

Tackling the US Bureaucratic Structure

The United States bureaucratic system presented additional challenges for Arif, who was familiar working within the bureaucratic structures governing markets in Kazakhstan, Turkey and Europe. Property developers are subject to numerous federal, state and local zoning and building regulations, with cumbersome legislation and bureaucratic requirements potentially hampering the progress of development and construction.

Throughout the construction process, developers are also required to obtain several permits issued by local government agencies. From his previous government and business experience, Arif understood the need to build useful relationships with influential politicians who could help break down barriers and expedite the bureaucratic process.

Arif created alliances with local and federal officials, who had influence over zoning laws and controlled agencies responsible for the approval of building permits. He also made political donations to Hillary Clinton, then the Democratic Senator of New York and later Democratic candidate for president, and Rudy Giuliani, former mayor of New York City and Republican candidate for president.

Supporting politicians of both across the political divide is a strategic move rather than an ideological one. In supporting several candidates, a business leader is able to initiate a positive relationship with government leadership regardless of which political party the elected candidate belongs to. Tevfik Arif Bayrock Arif made it a priority to maintain strong alliances with those in power by regularly attending political banquets and events, raising his public profile and maintaining lines of communication with government leaders.

Trump SoHo and Beyond

Continuing Bayrock’s expansion, Arif’s company and the Sapir Organization initiated a joint venture to develop a luxury hotel and condominium complex located in a prime real estate district in lower Manhattan. To raise the profile of their development, the partners approached renowned real estate developer Donald Trump proposing a licensing and operating agreement in which he would lease his name to the project. The luxury project would become known as Trump SoHo.

Under the agreement, Trump did not invest his own capital in developing the building that would feature his name, rather all financing, development and construction would be completed by Bayrock and the Sapir Organization. The Trump SoHo development was featured on Trump’s hit television show, The Apprentice, boosting its public profile.

The land purchased for the project was originally zoned for manufacturing, but Bayrock and the Sapir Organization were able to obtain approval for the design of the hotel-condo development with certain stipulations through negotiations with then-Democratic New York City Mayor Michael Bloomberg. The $450 million 46-story skyscraper was completed in 2010.

Tevfik Arif and Bayrock explored the possibility of expanding the licensing partnership with Trump in projects developed in the United States and other countries, however, none of these projects were pursued. Arif and Trump ended their business partnership with the downturn of the real estate market during the recession in 2008.

Tevfik Arif, while maintaining an advisory role, has largely retired from the day to day operations of his family’s business. His entrepreneurial success has allowed his family to expand their operations globally into several industrial sectors and real estate markets. Through equal parts ambition and perseverance, Arif has transformed himself from a young boy growing up in Soviet Kazakhstan to a savvy business leader with successful ventures across the globe.

Article Source:

https://baltimorepostexaminer.com/tevfik-arif-advanced-business-ventures-in-the-united-states-through-strategic-alliances-with-donald-trump-hillary-clinton-and-michael-bloomberg/2019/05/16


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