More Testimonials!
From a resident of the Prado:
"We had several concerns about our unit at the Prado. Our biggest concern was regarding the installation of lights atop our building only two floors above our unit. Mr. Nassi never discussed this with anyone including those of us who had already placed over twenty thousand dollars down. On most evenings, the lights don't work properly so we look rather stupid to the rest of the community. Obviously, it was Mr. Nassi's attempt to make our building appear like a Las Vegas casino instead of a condo. Our other complaint is the size of the parking spaces - they are only 7 1/2 wide and are impossible to live with."
From 5280 Magazine Letters, November, 2003:
"As a unit owner in the Prado, I will gladly show you the cheapest amenity appointments that anyone could have possibly picked - not only for a luxury condominium, but for a low-end apartment building. There was not one spoonful of semigloss enamel anywhere in my unit. Everything in my unit top to bottom was painted flat white. I repainted, but that's when I found that no primer was used on my walls before they were painted flat white. Another point, bathrooms were appointed with a built-in, low-voltage flourescent vanity light that's an integral part of the small medicine cabinet. I don't know what it's like putting on makeup, but it sure is tough to shave in this light. BCN saved $10 in a J-box and a few feet of wire while building. It would be easy to go on but I don't have the time or paper available." - Carl Kell, Denver.
Kyle Wagner in the Denver Post (10-13-2004), in reference to Nassi’s Moda Restaurant at the Beauvallon, said: "The tables were always wobbly, and trips to the restrooms on two visits yielded giggles about the stall door handles that come off in your hand like mannequin arms." The Moda Restaurant is now closed.
A recent article by Thomas J. Walsh which appeared in the Reno Gazette-Journal (12/2/2004) is replete with stories of individuals who had been priced out of their units by Nassi's tactics. According to Gordon Miles, broker for Coldwell Banker Village Realty in Reno, he signed an agreement in September 2003 for a $611,000 penthouse. In August, he said the price had gone to $822,000, a 34.5 percent increase.Likewise, Jon Cheplak, a Reno-based real estate consultant, said he agreed to buy a one-bedroom unit for $167,304 in January, only to have the price raised to about $200,000. He said his brother had a similar experience, along with others.
From a resident at the Beauvallon: "When purchasing a home at the Prado, my neighbors and I anticipated a large outdoor deck with garden and area for entertaining that was to be built over our parking garage. What we got was absolutely nothing! Additionally, I think that the biggest eye-opener for me was watching him simply eliminate decorative exterior building elements just to save a buck
as he couldn’t wait to rid himself of his remaining financial obligations in finishing the building.
Nassi always brags that his buildings are 80% sold during construction and as people closed and moved in, I soon discovered that the building was, for the most part, virtually empty. The fact is that after Nassi would sell a few units, he’d put new units in their place so as to avoid the reality that he was having a rough time finding buyers. This nonsense went on for over 2 ½ years before the building was considered sold out. So much for your fantasy DEMAND, Nassi!
As Nassi designed the Prado, no gym or work-out amenities or pool was planned. Instead, he assured Prado buyers that we could use the facilities of the Beauvallon, just a few blocks away. Yeah, that almost happened! We were met by attorneys of their HOA at their door to block our use of anything more than a telephone!
If you’re planning on buying anything from this guy, think twice. He is the worst of the worst developers and Denver is glad to be rid of him."
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