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With two master suites, heated floors, soundproof walls and four private parking spaces, there's little to complain about. Gummin has rented her condo out to former Nugget Marcus Camby and is now selling because she and her husband have moved to Florida to care for her mother. She doesn't understand what all the fuss is about, why her neighbors in the homeowners' association have decided to sue. "We feel bad he's gotten such a bad rap," she says of Nassi.

But such rosy views are rare.

In 2006, condo owners in the Beauvallon began reporting leaks in their homes after snowstorms, so attorneys for the homeowners' association hired an outside expert, Professional Investigative Engineers, to check it out. The company noted that there was indeed water seeping in through windows. They also discovered a more sinister problem: mold in the walls of 44 condos, according to the lab results included in the firm's public report. The engineers concluded that the synthetic stucco-like material covering the outside of the building wasn't waterproof and allowed water to creep in, causing mold to grow in the walls and rust to corrode the building's steel frame. Pictures included in the report showed cracks big enough to fit a credit card at the point where balcony-side walls connect to the outside of the building. The edges of windows and sliding glass doors on the fourteenth and fifteenth floors had gaps that allowed water to enter. One photo, from a condo on the seventh floor, shows black mold growing beneath a window.

Environmental consultants hired by the Beauvallon's property management company took a closer look at some units. Although Gandalf Associates couldn't say for sure where the mold was coming from, they said it appeared to be "the result of affected building materials being repeatedly wet or kept moist for extended periods of time, likely from water infiltration from the outside," according to a May 2007 report.

In April 2007, the Beauvallon Condominium Association sent a letter to every owner in the building informing them that the association had filed suit against Nassi, his company, BCN Development, Swinerton Builders, Big Horn Plastering and other firms involved with the construction. The complaint alleged a slew of construction defects, from flaws in the material covering the outside of the building to bad roofing and leaks in the penthouses. Repair estimates reached $21.7 million and included the cost of removing and replacing the entire exterior of the building.

Association attorney Scott Sullan declined to comment on the problems or on Nassi, saying only, "I believe that my job is to help these folks get their homes repaired. We're trying to get the building fixed." Peter Mannetti, president of the Beauvallon homeowners' association, also declined to comment. Several residents contacted for this story didn't return calls seeking comment. Many who moved out of the most damaged condos couldn't be located.

Kevin Ott, Colorado division manager for Swinerton, says his company attempted to address a list of problems that the homeowners' association came up with. "We tried to take care of everything that we knew about and were allowed to take care of."

Ott's company has its own bone to pick with Nassi. Last year, Swinerton sued the Beauvallon Corporation to recover $1 million the company says it was never paid. An arbitrator awarded Swinerton $1.7 million, but the company has been unable to collect since the Beauvallon Corporation was a limited liability company set up only to build the condos; it no longer has any assets. Swinerton's lawyers are now trying to prove that Nassi is the Beauvallon's "alter ego" and therefore responsible for payment.

"He's very hard to find," Ott says. "We're trying to serve him."

Nassi says he's in settlement negotiations with Swinerton but is waiting to resolve the dispute until the homeowners' association suit is settled.

What's not clear from the homeowners' suit is how the city of Denver allowed the Beauvallon to be built with windows and walls that leak. It's so bad at times that neighbors around Lincoln Street and Ninth and Tenth avenues have gotten accustomed to navigating the waterfalls that pour off the building whenever it rains or when snow melts, not to mention the ice patches that form in the winter.

City building records show that an inspector with the last name of "Ramirez" signed off on the Beauvallon's roofing, gutters and downspouts in April 2004. But there are no gutters to be found on the building. Chief inspector Jim Morgan referred questions about the gutters to planning department spokesman Julius Zsako, who says the Beauvallon has scuppers — small metal boxes that drain water from roofs or walls — instead of gutters.

Yet they don't appear to do anything to stop water from pouring off the ornate upper ledges onto people walking below. As Professional Investigative Engineers noted in its report, this violates the Uniform Building Code, which says that "roof drainage water from a building shall not be permitted to flow over public property."

Zsako insists that the inspector's sign-off at the Beauvallon means that "all work was performed according to code," adding that inspector Ramirez has since retired.

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  • Tom Denver 05/19/2010 8:42:00 AM

    This only proves that changes are made to be for the betterment. Though there are lot who are not satisfied enough in this new development, I think whats important is the benefits that the new structure will provide more than the glance that a beautiful building will gives. The value of the property lies entirely on the substantial worth rather than the image it brings.

  • LOUIE 04/11/2009 3:36:00 PM

    You know reading the critical comments above, depicting Mr. Nassi's character, I say lets nominate the man to run Hell. Here's this kid, always smiling, always well shod in the finest linens, squiring the sharpest heeled dames in Denver, forget the chariots they rode the town in. Everyday this kid took his mind and put it to the sharpest edge in business to profit for his future. I remember picking weeds from the cracks of the sidewalks in front of my families business, and looking at those fine, glove leathered guinea loafers, and a suit that could only come from New York, and we'd converse the world. The stratas that seperate men by wealth and status removed, he was a very brilliant man on his way to see a world few will ever see in our society. Seems we all live but a brief moment in civilization, but how many truly live the potential of their dreams. If I today were to own a corporation of world promenience, this man's attributes and acuments we be a great advantage to possess. Problem is, this type of man grows bored working for others, too pedestrian for a mind that sits on the edge forever contemplating greater personal achievement. Thus they set out and do it for themselves, removing any opposition to achieving their selected goals. In the end they end up rather well off in life; yet they still stop and pause with those who walk lowest to the earth, humbling thoughts the world will never be priviledged to know. I like the kid, he's going someplace and he just might take it over when he arrives. Want to kiss the sky, you should also learn to kneel. I am sure there will come a day I will be working on my hands and knees again, and another kid with powerful dreams will be standing in front of me, telling me the inside track to the place they are traveling to. Maybe like the Craig, they just might make it; and I will have the pleasure to watch from the greatest vantage point. I like a kid who can fight and make it up the steps in the world; so many pedestrians never get off the sidewalks...

  • MIKE 03/20/2009 5:57:00 AM

    THE KID IS A FOOL

  • Tom 02/04/2009 8:05:00 PM

    Wow! This is a great article. I loved it when it first appeared in the DENVER POST months ago. Sheesh, Westword, c'mon.

  • LOUIE 02/01/2009 1:52:00 AM

    I always liked the man, he is quite intelligent, and always been a loyal friend. I miss the Craig, and I wish him well. I hope to see him again one day. We laughed so hard when he parked some large angels outside the Beavallon for a week; nobody knew where they came from. He's a pal, and I always had a great time in his company.

  • Tony Manfredi 01/30/2009 5:59:00 AM

    He's half Iranian?? He told me he was black!!

  • Henry S 01/30/2009 5:56:00 AM

    Craig has been an embarrassment to this state for many years. He didn't grow up in New York and "finish high school in Colorado" as the article stated. He went to Prairie Middle School and Overland High School. Like everything in his personal and business life, this little fact has been exaggerated. He is a fraud.

  • Henry S 01/30/2009 5:55:00 AM

    Craig has been an embarrassment to this state for many years. He didn't grow up in New York and "finish high school in Colorado" as the article stated. He went to Prairie Middle School and Overland High School. Like everything in his personal and business life, this little fact has been exaggerated. He is a fraud.

  • Anonymous 01/29/2009 9:11:00 PM

    Karma's a bitch. I can't help but harken back to the site of him in the convertible Bentley with the strippers hanging out of the back and recall thinking 'what a quality guy!'.

  • Axel Hearn 01/29/2009 6:51:00 PM

    Craig Nassi is an tiny sack of crap. I loathe him.

 
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