In today's competitive world, one cannot stand out without having great perseverance and passion. This is especially true if one is in the business industry. Why? Well, if you don't possess such unwinding passion and perseverance, you might easily give up in the face of the daily challenges faced in today's business world. Throughout his career, Tevfik Arif has demonstrated the hard work and determination necessary to achieve success as an entrepreneur.

Apart from that, one should also have the skills and knowledge to achieve their goals in the business world. Taken all together, these have allowed Arif to stand out in the international real estate and property development industry.

Born Tofik Arifov in Kazakh Soviet Socialist Republic, Tevfik Arif is a Turkish-Kazakh businessman who has a popular and exceptional career in the private sector that spans multiple industries and international Tevfik Arif & Donald Trump borders. Indeed, this man is an accomplished investor in the real estate industry and an entrepreneur who built a thriving international company.

But really, who is this inspirational man behind such a successful career in the business industry?

Early Life

Tevfik Arif was born in 1953 to Turkish parents who were living in the Kazakh Soviet Socialist Republic. Arif was the second child among four boys. His family and upbringing indeed influenced the path that he took to be a successful entrepreneur in the business industry.

Since he had a great interest in economics and business, Arif continued his education at the Moscow Institute of Trade and Economics where he pursued a degree in international relations. Right after graduation, he took a job working for the government of the Soviet Union.

And for 17 years, Arif worked within the Ministry of Commerce and Trade. Arif also held a number of positions during his service in the government such as a chief economist, and he was eventually promoted to deputy head of the Hotel Management Department within the ministry.

Tevfik worked closely with the hospitality industry throughout the Soviet Union, and this position would later influence his desire to build luxury hotel properties all over the world. tevfik arif forbes

Beginnings in the property industry

Arif left the job in the government sector in order to pursue opportunities in business during the privatization which followed the fall of the Soviet Union. Together with his brother, Arif acquired ownership in the chromium plant in Kazakhstan - one of the last countries to achieve independence from the Soviet Union.

His work with this plant would help establish him as a rising businessman in the region. After years of neglect under the Soviet rule, the metal and the raw material sectors were in great disarray across the region. They were indeed inefficient, and they lacked innovative technology which had increased the production capabilities of the competitors.

Arif expanded the interests in the natural resources industry when he founded the Specialty https://www.glassdoor.com Chemicals Trading Company which focused Bayrock Tevfik Arif on the export and import of metals and other raw materials.

Because of his success in the heavy metals industry, he began to pursue a personal passion for real estate and property development. His early investments and projects were in Azerbaijan, Kazakhstan, and Turkey. Being a real estate developer, he then built a luxury resort hotel named the Labada Hotel in Antalya, Turkey.

Arif expands his business interests

The success of his first ventures inspired Arif to expand his portfolio in real estate to the United States of America. He founded the Bayrock Group in 2001. Established in New York, the company would enable him to invest in property in the US. The very first project taken on by Bayrock was the renovation of a shopping center in the Sheepshead Bay district of Brooklyn called Loehmann's Seaport Plaza.

Finding early success, he then set his sights on more prestigious and more competitive real estate markets in the city. In fact, he moved the offices of Bayrock Group to Trump Tower, right in the center of Midtown Manhattan's real estate district.

In fact, he met Donald Trump shortly after establishing the office of Bayrock Group in the building. The two developed a working relationship, which is another success in the name of Arif. Bayrock Group successfully developed and completed the Trump SoHo Tower under a licensing agreement with the Trump Organization.

The iconic 46 story hotel and condominium tower opened in the trendy Manhattan neighborhood in 2010. It quickly became a symbol of luxury in New York City. While Bayrock Group and the Trump Organization looked to replicate the success of the project with similar properties in Arizona and Donald Trump And Tevfik Arif Florida, the companies ended their working relationship in 2008.

Tevfik Arif's business today

After building a reputable name in the business industry, Arif shifted the focus of his business and the international real estate investment was back to Central Asia and Europe.

Article Source:

https://www.realtytoday.com/articles/111086/20191007/who-is-tevfik-arif-achieving-success-in-business-and-real-estate.htm

No one can be successful in any chosen field without taking risks. While not always guaranteeing success, these risks most certainly lead to an exciting journey.

The road is challenging, there are ups and downs, and life will really test you as an individual before you achieve success. And this seems to be true for Tevfik Arif. He has been able to survive challenges in life and business and continue https://www.hngn.com/articles/227799/20191112/tevfik-arif-defining-success-in-the-world-of-real-estate-and-property-development.htm pursuing his goals and achieving success.

Who is Tevfik Arif?

Who is Tevfik Arif, the man behind a successful global business? Tevfik Arif was born in 1953 in the Kazakh Soviet Socialist Republic to his Turkish parents. He has three brothers and he is the second born of four boys. The path that Arif took was, undoubtedly, influenced Additional resources by his family and his upbringing.

Having such great love for business and economics, Tevfik Arif pursued a degree in international relations at the Moscow Institute of Trade and Economics. And upon graduation, Arif took a job working for the government of the Soviet Union.

This man chose to work within the Ministry of Commerce and Trade for 17 years. During his time with the ministry, Arif held various positions including as chief economist. He was also promoted to deputy head of the Hotel Management Department within the Soviet ministry.

Arif's work within the government ministry controlling the hospitality industry before the fall of the Soviet Union would later influence him to build and develop luxury hotel properties around the world.

Tevfik Arif gets his start in the business world

During the privatization of industry during the dissolution of the Soviet Union, Tevfik Arif chose to leave the government sector to pursue certain opportunities in private industry. His first ventures in the business world dealt primarily with the mineral and natural resources sector.

Tevfik Arif and his business partner brother acquired ownership in a chromium plant in Kazakhstan - the last country to achieve independence from the Soviet Union. Owning this chromium plan helped him established himself as an up-and-coming businessman in the region.

This was a time of dramatic growth in the metal and raw material sector after years of neglect under the Soviet Union rulemaking left them inefficient and lacking innovative technology. The competitive nature of the private sector led to an increase in the production capabilities of many of the metal production plants across the region.

Finding early success, Arif decided to expand his interests in the natural resources industry and founded the Specialty Chemicals Trading Company that focused on both the import and export of metals and other raw materials.

With aspirations beyond the heavy metals industry, Arif began pursuing his personal passion in real estate and property development. Some of his early projects were in Turkey, Kazakhstan and Azerbaijan. As a real estate developer, Arif was behind the building of a luxury resort hotel called the Bayrock Tevfik Arif Labada Hotel located in Antalya, Turkey.

Tevfik Arif expands his interests in real estate

His successful ventures in the world of business left Arif with a desire to build and achieve much more. His ambition inspired him to expand his real estate portfolio to the USA. Arif founded the Bayrock Group in 2001 in New York and this enabled him to invest in property within the United States of America. Renovating Loehmann's Seaport Plaza in the seaside community of Sheepshead Bay in Brooklyn was one of Bayrock Group's first successful projects.

With aspirations to achieve even more, Arif set his sights on more prestigious and more competitive real estate markets in the city. Arif decided to move the offices of Bayrock Group to Trump Tower in an effort to develop inroads into Midtown Manhattan's prestigious real estate district.

Arif aimed to be an extravagant property developer in Tevfik Arif Bayrock the competitive market of Manhattan. After establishing the office of Bayrock Group in the Trump tower, he soon met real estate tycoon Donald Trump. They developed a working relationship. Arif entered into an agreement with the Trump Organization to license the Trump name in the development of a luxury hotel-condo complex called Trump SoHo. Through his work in property development, Arif earned the respect of other entrepreneurs in the business Tevfik Arif & Donald Trump world.

Article Original Source:

https://www.hngn.com/articles/227799/20191112/tevfik-arif-defining-success-in-the-world-of-real-estate-and-property-development.htm

Trump SoHo tower developed by Tevfik Arif’s Bayrock Group under a Bayrock Tevfik Arif licensing Check over here agreement with the Trump Organization

Tevfik Arif is an established and successful international real estate investor and property developer. His success is no doubt a product of experience and business expertise accumulated over the years through his involvement in business ventures.

Tevfik Arif, sometimes called Tofik Arifov, is a Turkish-Kazakh business entrepreneur well known for his global business ventures across Central Asia, Europe and the United States. Arif is recognized as a real estate and property developer. In the United States, he is well known for his business partnership with Donald Trump before he became president of the United States.

His business dealings with the Trump Organization have brought an intense interest into Tevfik Arif. For many Americans, Arif has a kind of mystery around him that has over the years led to exaggerated claims and assumptions about his personality, character, motivations and past in general.

Some individuals and groups have pursued an interest in uncovering, or rather creating, a particular narrative about Arif that suits their political purposes. This has threatened his reputation and his business ambitions. The bottom line is that not much may be publicly known about the businessman, as he is known to often keep and lead a private life. However, his contribution to the international business community cannot be overlooked or disregarded in any way.

Arif built a successful international business enterprise situated in Central Asia and Europe even before expanding his business and its interests to the United States and his organization will continue to succeed in the future. Talking about his transition to the United States, it was what birthed the famous business organization Bayrock Group.

Arif’s Early Days

For someone who has Donald Trump And Tevfik Arif attained such a powerful position and a name for himself over the years, one might want to know more about his background and early life.

In 1953, Tofik Arifov was born to Turkish parents living in the former Soviet Union in what would become the modern-day country of Kazakhstan. Arif has three brothers. Not much can be said about his early years and family life as he has preferred to keep his personal life private. Nonetheless, it would be a reasonable to say that his ambition and enviable entrepreneurial work ethic were largely influenced by his early years and experiences.

Arif earned a bachelor’s degree in international relations from the Moscow Institute of Trade and Economics. This further developed his interest in business and global trade systems. After graduation, Arif began working as a civil servant in the public sector, where he served for 17 years. During this period, he was a chief economist and deputy director of the Soviet Union’s Government Ministry of Trade in the Food and Hospitality Department.

Arif’s Business Years

Tevfik Arif ended his career as Tevfik Arif Bayrock a civil servant in 1991 after he left the ministry during the dissolution of the USSR. His ambitions shifted to the business world where he recognized an opportunity to invest in the enterprises and properties that were privatize during the economic restructuring that happened during that time.

Being a former government officer, Arif was had many opportunities to network with business leaders and government officials. This set a strong foundation to connect and expand his interests in establishing his own company. Arif acquired the Akytyubinks Chromium Chemicals Plant (ACCP) in a joint venture between himself and his brother. He gradually began to attain global recognition within the natural resources sector, founding the Specialty Chemicals Trading Company, which imported and exported metals and Tevfik Arif & Donald Trump raw materials. This, among many others, was the highlight of his early business projects.

Article Source:

https://www.bocaratontribune.com/bocaratonnews/2019/11/tevfik-arif-bayrock-group-trump-connection/

No one can be successful in any chosen field without taking risks. While not always guaranteeing success, these risks most certainly lead to an exciting journey.

The road is challenging, there are ups and downs, and life will really test you https://sketchfab.com/Doyen9 as an individual before you achieve success. And this seems to be true for Tevfik Arif. He has been Website link able to survive challenges in life and business and continue pursuing his goals and achieving success.

Who is Tevfik Arif?

Who is Tevfik Arif, the man behind a successful global business? Tevfik Arif was born in 1953 in the Kazakh Soviet Socialist Republic to his Turkish parents. He has three brothers and he is the second born of four boys. The path Tevfik Arif & Donald Trump that Arif took was, undoubtedly, influenced by his family and his upbringing.

Having such great love for business and economics, Tevfik Arif pursued a degree in international relations at the Moscow Institute of Trade and Economics. And upon graduation, Arif took a job working for the government of the Soviet Union.

This man chose to work within the Ministry of Commerce and Trade for 17 years. During his time with the ministry, Arif held various positions including as chief economist. He was also promoted to deputy head of the Hotel Management Department within the Soviet ministry.

Arif's work within the government ministry controlling the hospitality industry before the fall of the Soviet Union would later influence him to tevfik arif family build and develop luxury hotel properties around the world.

Tevfik Arif gets his start in the business world

During the privatization of industry during the dissolution of the Soviet Union, Tevfik Arif chose to leave the government sector to pursue certain opportunities in private industry. His first ventures in the business world dealt primarily with the mineral and natural resources sector.

Tevfik Arif and his business partner brother acquired ownership in a chromium plant in Kazakhstan - the last country to achieve independence from the Soviet Union. Owning this chromium plan helped him established himself as an up-and-coming businessman in the region.

This was a time of dramatic growth in the metal and raw material sector after years of neglect under the Soviet Union rulemaking left them inefficient and lacking innovative technology. The competitive nature of the private sector led to an increase in the production capabilities of many of the metal production plants across the region.

Finding early success, Arif decided to expand his interests in the natural resources industry and founded the Specialty Chemicals Trading Company that focused on both the import and export of metals and other raw materials.

With aspirations beyond the heavy metals industry, Arif began pursuing his personal passion in real estate and property development. Some of his early projects were in Turkey, Kazakhstan and Azerbaijan. As a real estate developer, Arif was behind the building of a luxury resort hotel called the Labada Hotel located in Antalya, Turkey.

Tevfik Arif expands his interests in real estate

His successful ventures in the world of business left Arif with a desire to build and achieve much more. His ambition inspired him to expand his real estate portfolio to the USA. Arif founded the Bayrock Group in 2001 in New York and this enabled him to invest in property within the United States of America. Renovating Loehmann's Seaport Plaza in the seaside Tevfik Arif Bayrock community of Sheepshead Bay in Brooklyn was one of Bayrock Group's first successful projects.

With aspirations to achieve even more, Arif set his sights on more prestigious and more competitive real estate markets in the city. Arif decided to move the offices of Bayrock Group to Trump Tower in an effort to develop inroads into Midtown Manhattan's prestigious real estate district.

Arif aimed to be an extravagant property developer in the competitive market of Manhattan. After establishing the office of Bayrock Group in the Trump tower, he soon met real estate tycoon Donald Trump. They developed a working relationship. Arif entered into an agreement with the Trump Organization to license the Trump name in the development of a luxury hotel-condo complex called Trump SoHo. Through his work in property development, Arif earned the respect of other entrepreneurs in the business world.

Tevfik Arif's business today

Through his business, Arif has established himself as a successful entrepreneur and leader in business. After his projects in the United States were affected by the economic downturn in 2008, Arif decided to shift the focus of his business and real estate investment back to Europe and Central Asia.

Today, Tevfik Arif is partially retired from his businesses. However, he remains an important business advisor, offering a wealth of experiences, knowledge and industry connections for the continued expansion and success of his organization.

In addition, Arif has donated to charitable interests with a focus on organizations that promote community development. One great example is the Chabad of Port Washington. Indeed, though he has officially retired from his post, Arif continues to be an important figure in the industry.

The fast-paced world of business is constantly changing and becoming increasingly challenging especially with the latest innovations and best practices. Facing the challenging industry with passion, determination and skills is an asset to an individual who wants to be successful.

Tevfik Arif ventured into the arduous business world, ready, equipped with both skills, experience and determination. Big success never comes in an instant, you need to work hard and persevere to build success over time. Arif was guided by ambition and a desire to succeed in the most difficult industries in the world.

Surely, Tevfik Arif is an inspiration and an icon of greatness for current and future generations of entrepreneurs and businessmen.

Article Source:

https://www.hngn.com/articles/227799/20191112/tevfik-arif-defining-success-in-the-world-of-real-estate-and-property-development.htm

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, tevfik arif forbes 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 tevfik arif son 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 tevfik arif family 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 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 Tevfik Arif 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, 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 Tevfik Arif Bayrock 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

Entrepreneur Tevfik Arif has successfully forged strategic alliances with prominent business and political leaders across the world to build a thriving global enterprise.

Tevfik Arif was born in 1953 to a Turkish family living in the former Soviet Union. He was the second son in a family of four boys. Arif’s childhood is somewhat of a mystery, as he preferred to keep this part of his life private. What is known to some is his early years positively shaped his personal character and work ethic to become the successful business leader he is today.

Arif honed his business and negotiating skills at the Moscow Institute of Trade and Economics where he earned a bachelor’s degree in international relations. His education would propel him into an illustrious career as a public servant and businessman.

Public Service Shapes a Young Arif

Arif began his career as a civil servant in the former Soviet Union. During his 17 years of service to the government, Arif held in a number of distinguished positions, first as the chief economist and later earning a promotion to the position of deputy head of the Hotel Management Department, a division of the Ministry of Commerce and Trade. While working for the Ministry, Arif improved the hospitality industry with excellent services provided by many hotels.

Arif resigned from his position in the government ministry in 1991 to pursue a career in the private sector. His former position in the government provided the opportunity to network and collaborate with several business leaders and private companies and utilize these connections to diversify his business interests. Drawing upon his education and growing professional experience, Arif was able to quickly establish himself as a successful business entrepreneur.

Arif Enters the Private Sector

After the fall of the Soviet Union, Arif and his brother became the owners of a chromium plant, Akytyubinsk https://kazakhbusinessbulletin.wordpress.com Chromium Chemicals Plant (ACCP), located in https://twitter.com/tevfikarifdoyen the newly independent country of Kazakhstan. As a businessman operating in a new market, Arif made it a priority to establish connections within the world of business and politics.

He created working relationships with prominent businessmen and investors including Patokh Chodiev and Alijan Ibragimov, who became leaders in metal and raw material operations during the privatization Tevfik Arif & Donald Trump of industry in Kazakhstan. Arif also formed critical connections with influential political leaders in Kazakhstan and Turkey, including Kanat Saudabayev, the current Secretary of State of Kazakhstan who is responsible for strengthening Kazakh-US relations.

Tevfik Arif also founded the Specialty Chemicals Trading Company that specialized in importing and exporting metals and raw materials. Arif later worked in Kazakhstan as a representative for Trans World Group, a commodity trading company founded by David and Simon Reuben, continuing his efforts to build important allies in the world of business. His industrious work ethic and ability to navigate complex business deals helped to transform the company into the world’s third-largest aluminum producer.

In a region of the world rich in natural resources, his business endeavors were prosperous and quickly expanded. Arif had proven himself as an enterprising and skilled business professsional and began reaping the rewards from his successful ventures. His achievements provided him an opportunity to broaden his business holdings.

Arif Expands into the United States Real Estate Market

After successful ventures in raw materials and commodities trading, Tevfik Arif entered the real estate management industry and has since become a world-renowned real estate developer. His early real estate ventures were focused in Turkey, with the development of the luxury Labada Hotel in Antalya, Azerbaijan and Kazakhstan. Finding success in this sector, he decided to expand his property development portfolio to the U.S. market, a natural progression for the savvy entrepreneur.

Arif founded Bayrock Group LLC in 2001 in New York City. From his previous experience entering new markets, Arif understood the value of creating close working relationships with prominent business and political leaders. His perceptive networking and collaboration skills have been an important aspect in all of his business endeavors.

Once established in New York, he made concerted efforts to forge partnerships with members of both the Democratic and Republican political parties in the U.S. Establishing excellent connections with political leaders at the local, state and federal level of government is especially useful for real estate developers, as they are subject to numerous zoning and building regulations. Also, by connecting with government officials on both sides of the political divide, business leaders are able to have access to elected officials, regardless of the party in power

He made it a priority to establish a relationship with Hillary Clinton, who at the time was a Democratic U.S. Senator representing New York, even contributing to her 2008 U.S. presidential campaign. Arif was also introduced to former NYC Mayor Rudy Giuliani and made campaign contributions to the politician’s Republican presidential campaign.

Bayrock Group LLC set up their offices in Trump Tower and developed a working relationship with real estate developer Donald Trump, a world-renowned New York City real estate investor who would later become Republican President of the United States.

Bayrock Group LLC Becomes a Leading New York Real Estate Developer

The first project completed by Arif’s new US venture was the development of Loehmann’s Seaport Plaza, a shopping center located in Sheepshead Bay Brooklyn. Bayrock Group partnered with the real estate investment firm Sapir Organization, founded by self-made billionaire Tamir Sapir who emigrated to the US from the former Soviet Union country of Georgia, on the development of a luxury hotel complex called Trump SoHo.

The 391-unit hotel and condominium venture obtained a name licensing agreement with the Trump Organization. All the development and construction of the tower was executed by Bayrock and the Sapir Organization.

Bayrock Group also began development on the Trump International Hotel and Tower in Fort Lauderdale, Florida under a similar licensing agreement. Arif and Bayrock Group’s working relationship with Trump came to an end in 2008 due to the collapse of the housing market. Arif made a sound strategic business decision to divert funding to his remaining investments and interests across the globe.

Building a Business Legacy

After establishing himself as a successful, global, business entrepreneur, Tevfik Arif has Donald Trump And Tevfik Arif partially retired from his family’s business dealings. As a shrewd negotiator and Tevfik Arif effective deal maker, he continues to advise the company on global business strategy and investment. He has also devoted a significant amount of his current time and efforts to philanthropic endeavors.

As a private citizen and formal civil servant, Arif understands the vital importance of community. To support his local community, Arif has contributed financially to Chabad of Port Washington NY, a prominent Jewish community organization located near his home on Long Island in New York. His donation helps to fund the organization’s preschool program, athletic center and other public outreach programs.

Tevfik Arif has always sought to grow global endeavors with a passion for cultures around the world, which has brought him global success and recognition. He has used his diverse cultural background, networking and collaboration skills, an ability to understand the needs of his clients. As well as His keen eye for business strategyhelps build a prosperous international business. The relationships he has built through his business ventures have provided Tevfik Arif many valuable opportunities to expand his business into the thriving global enterprise it is today.

Article Source:

https://augustafreepress.com/establishing-allies-in-business-and-politics-tevfik-arif-kanat-saudabayev-hillary-clinton-rudy-guiliani-tamir-sapir-and-donald-trump/

Entrepreneur Tevfik Arif has successfully forged strategic alliances with prominent business and political leaders across the world to build a thriving global enterprise.

Tevfik Arif was born in 1953 to a Turkish family living in the former Soviet Union. He was the second son in a family of four boys. Arif’s childhood is somewhat of a mystery, as he preferred to keep this part of his life private. What is known to some is his early years positively shaped his personal character and work ethic to become the successful business leader he is today.

Arif honed his business and negotiating skills at the Moscow Institute of Bayrock Tevfik Arif Trade and Economics where https://www.dwell.com he earned a bachelor’s degree in international relations. His education would propel him into an illustrious career as a public servant and businessman.

Public Service Shapes a Young Arif

Arif began his career as a civil servant in the former Soviet Union. During his 17 years of service to the government, Arif held in a number of distinguished positions, first as the chief economist and later earning a promotion to the position of deputy head of the Hotel Management Department, a division of the Ministry of Commerce and Trade. While working for the Ministry, Arif improved the hospitality industry with excellent services provided by many hotels.

Arif resigned from his position in the government ministry in 1991 to pursue a career in the private sector. His former position in the government provided the opportunity to network and collaborate with several business leaders and private companies and utilize these connections to diversify his business interests. Drawing upon his education and growing professional experience, Arif was able to quickly establish himself as a successful business entrepreneur.

Arif Enters the Private Sector

After the fall of the Soviet Union, Click for more Arif and his brother became the owners of a chromium plant, Akytyubinsk Chromium Chemicals Plant (ACCP), located in the newly independent country of Kazakhstan. As a businessman operating in a new market, Arif made it a priority to establish connections within the world of business and politics.

He created working relationships with prominent businessmen and investors including Patokh Chodiev and Alijan Ibragimov, who became leaders in metal and raw material operations during the privatization of industry in Kazakhstan. Arif also formed critical connections with influential political leaders in Kazakhstan and Turkey, including Kanat Saudabayev, the current Secretary of State of Kazakhstan who is responsible for strengthening Kazakh-US relations.

Tevfik Arif also founded the Specialty Chemicals Trading Company that specialized in importing and exporting metals and raw materials. Arif later worked in Kazakhstan as a representative for Trans World Group, a commodity trading company founded by David and Simon Reuben, continuing his efforts to build important allies in the world of business. His industrious work ethic and ability to navigate complex business deals helped to transform the company into the world’s third-largest aluminum producer.

In a region of the world rich in natural resources, his business endeavors were prosperous and quickly expanded. Arif had proven himself as an enterprising and skilled business professsional and began reaping the rewards from his successful ventures. His achievements provided him an opportunity to broaden his business holdings.

Arif Expands into the United States Real Estate Market

After successful ventures in raw materials and commodities trading, Tevfik Arif entered the real estate management industry and has since become a world-renowned real estate developer. His early real estate ventures were focused in Turkey, with the development of the luxury Labada Hotel in Antalya, Azerbaijan and Kazakhstan. Finding success in this sector, he decided to expand his property development portfolio to the U.S. market, a natural progression for the savvy entrepreneur.

Arif founded Bayrock Group LLC in 2001 in New York City. From his previous experience entering new markets, Arif understood the value of creating close working relationships with prominent business and political leaders. His perceptive networking and collaboration skills have been an important aspect in all of his business endeavors.

Once established in New York, he made concerted efforts to forge partnerships with members of both the Democratic and Republican political parties in the U.S. Establishing excellent connections with political leaders at the local, state and federal level of government is especially useful for real estate developers, as they are subject to numerous zoning and building regulations. Also, by connecting with government officials on both sides of the political divide, business leaders are able to have access to elected officials, regardless of the party in power

He made it a priority to establish a relationship with Hillary Clinton, who at the time was a Democratic U.S. Senator representing New York, even contributing to her 2008 U.S. presidential campaign. Arif was also introduced to former NYC Mayor Rudy Giuliani and made campaign contributions to the politician’s Donald Trump And Tevfik Arif Republican presidential campaign.

Bayrock Group LLC set up their offices in Trump Tower and developed a working relationship with real estate developer Donald Trump, a world-renowned New York City real estate investor who would later become Republican President of the United States.

Bayrock Group LLC Becomes a Leading New York Real Estate Developer

The first project completed by Arif’s new US venture was the development of Loehmann’s Seaport Plaza, a shopping center located in Sheepshead Bay Brooklyn. Bayrock Group partnered with the real estate investment firm Sapir Organization, founded by self-made billionaire Tamir Sapir who emigrated to the US from the former Soviet Union country of Georgia, on the development of a luxury hotel complex called Trump SoHo.

The 391-unit hotel and condominium venture obtained a name licensing agreement with the Trump Organization. All the development and construction of the tower was executed by Bayrock and the Sapir Organization.

Bayrock Group also began development on the Trump International Hotel and Tower in Fort Lauderdale, Florida under a similar licensing agreement. Arif and Bayrock Group’s working relationship with Trump came to an end in 2008 due to the collapse of the housing market. Arif made a sound strategic business decision to divert funding to his remaining investments and interests across the globe.

Building a Business Legacy

After establishing himself as a successful, global, business entrepreneur, Tevfik Arif has partially retired from his family’s business dealings. As a shrewd negotiator and effective deal maker, he continues to advise the company on global business strategy and investment. He has also devoted a significant amount of his current time and efforts to philanthropic endeavors.

As a private citizen and formal civil servant, Arif understands the vital importance of community. To support his local community, Arif has contributed financially to Chabad of Port Washington NY, a prominent Jewish community organization located near his home on Long Island in New York. His donation helps to fund the organization’s preschool program, athletic center and other public outreach programs.

Tevfik Arif has always sought to grow Tevfik Arif Bayrock global endeavors with a passion for cultures around the world, which has brought him global success and recognition. He has used his diverse cultural background, networking and collaboration skills, an ability to understand the needs of his clients. As well as His keen eye for business strategyhelps build a prosperous international business. The relationships he has built through his business ventures have provided Tevfik Arif many valuable opportunities to expand his business into the thriving global enterprise it is today.

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Mamey Financial Investment Corporation.

CPI Building Group is the leading owner of income generating property in Czechia, Berlin, as well as the CEE Area. One work within the industry to think about is a realty evaluator. An evaluator can specialize in either business or household real estate, as well as determine the value of a property. They take specifics regarding both the residential or commercial property and its nearby surroundings right into account to do this. According to the U.S. Bureau of Labor Data (BLS), the typical wage for a real estate evaluator or assessor in May of 2017 was $54,010. Those with the greatest incomes, nonetheless, can transform $101,000 a year.

Your tevfik arif forbes beginning expenses create part of the complete price of owning an investment property but they are not the only costs you need to keep a check on. On top of that, you will certainly find you have continuous expenses like council rates, water, land tax obligation, and also if your residential or commercial property is a system complex, you may also have strata fees to factor into your prices.

Basically, a REIT is a tool that permits reasonably little capitalists to join large jobs in the field of income generating property such as shopping mall, office buildings and also others. The main function of these funds is to offer an economic instrument with huge resources that allow it to invest in large tasks and to take care of investments, but also has the functions of a direct financial investment in home by exclusive financiers. This truth enables a small Bayrock Tevfik Arif investor to participate in big projects, and all at once shields him by diminishing the threat variables by dispersing the financial investment in numerous projects at the same time.

The bottom line-- Donald Trump And Tevfik Arif Israel is a tiny country, yet there are several locations with good chances for real estate financial investment. Investing in home in Israel can be greatly profitable, but prior to you do it, make sure you absolutely comprehend what is happening in the area, the city strategies as well as wider influences on the area, the market values of regional realty, the capacity for profit on your investment, and the tax obligation ramifications of each purchase. It's crucial to deal with experts that recognize these essential factors and also who are deeply familiar with the marketplace you have an interest in.

Advenis Financial Investment Managers (OBJECTIVE) is the domestic and also monetary real estate possessions funds supervisor of the team. our financial investment procedure takes into consideration not just monetary returns, however additionally the effect on our partners, our occupants, our neighborhoods, and our country. The fourth significant attribute of the present realty market is that of compensation fees as well as middle males. Existing trading methods and regional guidelines and regulations require a lot of administrative hassle, which along with third-party representatives or middle men" result in considerable prices that further lower the net productivity of your properties.

Like here's one here. What's this one? Foster? Victoria. Oh, that's rented as an airbnb. Okay. I do not want to do the calculations on that particular one, but yep, really the simplest means I utilize it is I just punching purchase rate, rental revenue, so let's go 560,007 70 weekly, and after that you can promptly claim if it's most likely to be positive cashflow, not so you can actually rapidly do the numbers on a great deal of different properties, so if you're available seeking favorable cashflow home or if you want just a tool to help you anticipate the cashflow of your residential property, whether that be positive or adversely tailored, after that head over to building dot a u as well as you can check that out. However otherwise if you don't intend to spend for that, then you can just go on as well as produce a spread sheet similar to I did today where you approximate or these points on your own.

If I utilize my complimentary capital to purchase one more property, I'm focusing on obtaining even more financial investments rather than de-leveraging. Let's assume that the annual return of the duplex is $24,000, and the overall investment needed to purchase the duplex is $150,000. iReal is a privately owned and operated worldwide property designer, headed by worldwide experienced business owners. Rafi Cohen, Oded Laufer and also Daniel Tetro are energetic real estate programmers who work together and also share their global property experience to identify and carry out successful realty projects.

One more real estate spending device to check out is Propstream Where Propstream excels is helping investors locate inspired vendors with high equity. Propstream allows you zoom into a community and find pre-foreclosures, post-foreclosures, properties with tax obligation liens, divorcing proprietors, and buildings that are or show up vacant.

We believe in property as an alternate investment and also we love helping others get started with buying realty. Purchasing real estate is an excellent means to expand your existing investment portfolio. It's a substantial asset as well as has many leave techniques offered to sellers. While the real estate market will certainly always have changes, realty is tried and real asset. The toughness of the varied Saskatchewan economic situation, the main location within the province, the strong blog post second education and learning industry and the demand for excellent quality rental housing make Saskatoon a secure property market to buy.

As sovereign riches funds grow, it's likely that their financial investment in realty will climb gradually. According to PwC, sovereign financiers held US$ 11.3 trillion in 2015, a number that's predicted to expand to US$ 15.3 trillion by 2020. In 2015, 59 percent of sovereign wide range funds invested in real estate. By 2017, this share has reached 63 percent.

The Business's company plan is based on determining opportunities in real estate, managing as well as intending jobs at top quality degree as well as reliable advertising. I've been buying property for over 10 years, as well as I thought that being a property manager and possessing rental residential properties was the only method to do it. We thoroughly inspect property assets and locate, for Tevfik Arif Bayrock each one of our customers, the most effective home for sale in Greece.

I am referring to local property agents, lawyers, tax obligation accountants as well as residential property managers who can aid you navigate the surface. Of all these, I take into consideration the real estate agent to be one of the most essential. A great property representative is well gotten in touch with the rest of the experts you will need, so take your time and also do your persistance to land the appropriate property representative for you.

Our acquisition requirements and method was really conventional. A building, blog post renovation, would not be offered unless EQ had the ability to cost 30% or better return on preliminary money financial investment. In addition, each purchase called for stabilized underwriting that demonstrated the residential or commercial property's capacity to be capital favorable and also acquire cash-out financing that fully returned acquisition and also remodelling cash money invested in the event that the property was not able to be sold quickly post remodelling.

To understand the capital on a potential investment property, get your accountant to do the numbers for you myheritage.co.il/names/tevfik_arif (if they can't, obtain a new accounting professional). The number one policy is: 'Do not buy a home without understanding what the cash flow is'. We specialize in therapy and also representing purchasers, sellers, as well as renters of property in South Florida, additionally providing residential or commercial property administration in a flexible negotiating setting.

Does Passive Purchasing Property Actually Function?

The market genuine estate investment vehicles is constantly establishing to give capitalists with ingenious and versatile property investment products. This formula of the investment manager taking in the costs of technological oversight through in-house experience is the secret of success for environment-friendly funds. There is little added expense for an environment-friendly specification when the preliminary design is adapted to meet demands, particularly when the financial investment supervisor negotiates in bulk with professionals. This maintains the expense of going green minimal.

Founded in 2006, Real Estate Investar (REI) is a publicly-listed business and leading provider of solutions and products to aid in the identification, analysis, purchase, tracking as well as audit of financial investment residential or commercial property. In real-estate, a steady growth has actually been going on for years, with an increasing demand for both Israeli and also international investors.

We have greater than a years of experience consistently providing the highest possible ROI in the country for passive property attaching premium, durable homes. You have to recognize the dangers before making the investment. One of the vital threats included is purchasing a building and also having to offer it at a dramatically lower price as a result of market conditions or various other conditions beyond your control.

If you're searching for the next chance, why not check into property financial investments? For additional information on the advantages reach out to a hard loan lender. The services of an exclusive cash loan provider are vital as well as they will certainly aid stroll you via the transaction. Most investors that are property specialists keep life-long connections with their private cash loan providers just as service executives would certainly maintain a partnership with their monetary experts. When you work with capitalists as a personal cash lenders, you need to be aware of the various techniques you can invest in car loans as well as the disadvantages and pros connected with each approach.

Real Estate always was and will certainly be an useful asset, that is why home investments are thought about to be the most secure method of financial investment. Realty financial investments have high needs for lawful documentation and high entryway charges, yet we are changing this. Reinvest24 assists you to increase your financial investments and also expand your profile.

Our group consists of entrepreneurial investment specialists in Zurich and Asia that are enthusiastic concerning sustainable real estate. Our local presence and hands-on technique offer us access to eye-catching realty and also makes sure efficient monitoring of our financial investments. An organization with Tevfik Arif Bayrock over 10 years of tested experience in the real estate market, its primary goals being to combine itself in the field and to be able to supply superb investing possibilities to all our customers. Strong work principles guarantee reliable Bayrock Tevfik Arif specialist recommendations.

This blog aims to explore the world of rental residential properties in order to assist beginner investor recognize the relevance of cash flow and also how it Tevfik Arif is calculated, and also to provide a remedy to the time-consuming and also difficult task of determining a residential or commercial property's cash flow with using a powerful online system that can make your financial investment extra seamless than in the past.

Trammell Crow Firm, founded in Dallas, Texas in 1948, is among the nation's oldest and also most prolific designers of, as well as investors in, industrial actual CBRE Global Investors and also Trammell Crow Company platforms comprise the Realty Investments division of CBRE Group. Residential or commercial property bought with the purpose of earning income with rental income or resale, instead of as a main residence Real estate investors generally acquire residences to rent out to tenants, apartment, and industrial buildings.

Creating financial investment opportunities in Berlin. Money is the life blood of a service. If you buy a building right, as well as the cash flow is understood, then it should keep you out of many trouble. It is a constant and also slow means to earn money. Just like an organisation was back then. You may be wondering where investing in real estate fits into Dave's Child Tips or your general wealth-building plan. That's a great inquiry.

Since you're connected, we'll reach the excellent things. This ultra-trendy neighborhood gets on its means to ending up being among one of the most in-demand neighborhoods in New York City. Therefore, property prices make sure to skyrocket within the following 3 years. Good news is that there's a window of possibility for you to safeguard a wonderful property investment for the future, today. You might hear that, beginning in January 2019, a significant train line attaching Manhattan to Williamsburg (to be exact, the L) will be out of solution. Yet don't worry, it's only a short-lived hiccup. Today, structures incomplete and also houses on the market are experiencing a drop in rates. Because the job will not last permanently, this is a golden chance. As well as, with the exemplary American work-ethic as well as propensity for effectiveness, your move-in day will most certainly be earlier instead of later on.

Both household as well as business financiers commonly make use of cash-on-cash go back to review the capital being available in from income creating residential or commercial properties. However, it typically isn't made use of by fix-and-flip investors because they do not have any type of regular monthly rental income. When compared to the property's ROI, cash-on-cash returns typically supply an even more exact evaluation of the investment property's performance. This is due to the fact that cash-on-cash returns only gauge the return on the actual money spent and also does not consist of the debt.

Engagement in Earnings as well as Capital Gains: The Course A Members will likewise participate in a newsblaze.com/usnews/travel/symbol-of-luxurys-by-tevfik-arif_139642/ pro-rata portion of seventy percent (70%) any extra take-home pay authorized for circulation to the Class A Members. The Fund Supervisor shall, by the regards to the Operating Agreement (See Exhibit B - Running Arrangement"), state and also disperse a minimum of ninety percent (90%) of realized take-home pay from Fund operations to the Participants of the LLC as well as according to the Earnings Circulation routine as defined in the Fund's Operating Arrangement. Understood take-home pay is specified in the Operating Agreement as well as shall consist of, but not be restricted to, revenue derived from realty leasing activities as well as capital gains from the sale of real estate assets.

Not all realty investments generate passive revenue. As an example, renovating houses for resale often called turning, requires energetic interaction from the customer. You must identify the home, manage or complete the remodellings, and afterwards market the property all within a short timeframe. On tevfik arif family the other hand, holding and also purchasing residential property can produce passive earnings relying on your technique.

Possible sources of passive income can include typical financial investments paying rate of interest or rewards, gains from a well-known organisation, royalties from previous work, or realty. A new financial investment model utilizing asset-backed symbols and also based upon blockchain innovation is set to open the globe of real estate financial investment. As an experienced real estate investor, my group and I have thousands of hrs understanding apartment or condo investing. We educate our team to take note of the little points at the home degree that makes the most influence.

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 Tevfik Arif 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 Have a peek at this website 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 Tevfik Arif Bayrock 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, Browse around this site 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 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 Tevfik Arif & Donald Trump 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 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.

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