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Trump Says ‘No Idea’ If Kazakh Money Was Invested in SoHo Hotel

  • Trump SoHo developed as condominium hotel in Lower Manhattan
  • Trump’s company ended role in the New York property last year

President Donald Trump said he has “no idea” whether money from Kazakhstan was invested in Trump SoHo, a condominium hotel in lower Manhattan, while meeting with the country’s authoritarian president.

Trump worked in the 2000s with Bayrock Group LLC, the real estate company that developed the Trump SoHo condominium hotel in Lower Manhattan. Bayrock was founded and run by Tevfik Arif, a Kazakh of Turkish extraction whose path to riches began during the scramble for profit amid the ruins of the former Soviet metals industry, in the 1990s.