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Thread: Jardines De Coson - Open Letter from Albert Defazio

  1. #1
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    Default Jardines De Coson - Open Letter from Albert Defazio

    The following is an open letter from owner of Jardines De Coson, Albert Defazio. We have been in contact and Mr. Defazio wanted to address any concerns and questions regarding project Jardines De Coson:


    Dear Friends and Partners,

    Our extraordinary tourism development, Los Jardins de Coson in Las Terrenas, is poised to move forward.

    We know you are as ready as we are to make this dream a reality. In the days and weeks and years since October 2008 when we received our license to build, our development team has traveled incessantly and tirelessly, in the United States and in Europe, meeting with more than 40 State and/or private funding sources. These meetings, combined with an upturn in the world economic view, appear to be ready to bear fruit. We are on the verge of achieving the necessary means to develop and advance this resort and villa project which is set in the “concentration of all handsomeness of the Dominican Republic”—according to the French newspaper Figaro.

    A brief history of Los Jardines de Coson: after receiving the necessary approvals to begin, the global stock market crisis descended upon not just the Dominican Republic but the entire world. This crisis caused an unprecedented global economic downturn and a lack of consumer confidence which impacted the much needed resources for the normal operation of the economy and directly affected the normal development of building projects in general and tourism projects in particular. In the single municipality of Las Terrenas, 35 projects were stopped or did not begin on time. However, we have not lost faith, nor energy, nor the commitment to continue. As noted above, we believe that our dedication to developing Los Jardines de Coson into the finest tourism and residential project in Samana is about to springboard into success.

    We appreciate your patience and your understanding of the commitment of the entire Los Jardins de Coson development team. We look forward to seeing you in Samana soon.

    Warm Regards
    Albert Defazio

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    Sounds like a " the check is in the mail " post.

    http://www.dr1.com/forums/real-estat...-terrenas.html

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  4. #3
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    Did this guy take out an ad on DR1? I thought this was mandatory for an owner.

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    Mr. Alberto is not the owner and is a 3rd party posting

    "If anyone Wud! Wud Wud"
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    Jardines de Coson, Las Terrenas - Page 2

    Actually this was in response to the above thread. I personally know Mr. Defazio and felt that he should respond to any concerns about him and his project on an open forum, so I contacted him. In no way was there an intent to advertise or solicit, the intent was to ensure and quell any concerns and protect the integrity of himself, the project and those who have shown interest.

    The guidelines in DR1 are explicit and were respected to the letter.
    Last edited by Richard Alberto; 11-03-2011 at 05:04 PM.

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    I want to thank the moderators for their objectivity in allowing a response addressing serious concerns. In light of Dominican Republic's reputation among some, as a country full of swindlers at every turn, it is refreshing for an owner to address it responsibly and give full confidence to those who may be concerned,

    Again thank you DR1 moderators.

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    Some of these people signed contracts over 5 years ago and god knows how much money they put up front. The cost of building materials for the most part has doubled since then. No way is this guy gonna deliver. I would love to see Mr. Defazio respond on DR1. Another expat giving the Dominican Republic a bad name.

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    "Jumbo" I understand your outlook as I would be concerned as well, if I plucked down a small fortune for a project yet to materialize. But I can assure you that Mr. Defazio will be contacting each person individually to discuss timelines and other options including ROI. As I am not allowed to discuss compensation or financial matters of any kind, rest assured that the project WILL exceed expectation. Also please understand that Mr. Defazio was under no obligation to respond, but did so with authority and with concern for his clients..

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    BTW, he forgot to mention the reopening of sales and he would be happy to accept additional deposits.

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    Quote Originally Posted by Richard Alberto View Post
    "Jumbo" I understand your outlook as I would be concerned as well, if I plucked down a small fortune for a project yet to materialize. But I can assure you that Mr. Defazio will be contacting each person individually to discuss timelines and other options including ROI. As I am not allowed to discuss compensation or financial matters of any kind, rest assured that the project WILL exceed expectation. Also please understand that Mr. Defazio was under no obligation to respond, but did so with authority and with concern for his clients..
    So then you can toot his horn nice and loud, but you are "not allowed to discuss compensation or financial matters of any kind".

    Why don't you get a real job and stop being a Shill.

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