He worked (1995–1999) under the chief of the State institutions of justice "City Bureau of the Registration of Rights to Real Estate" Mikhail Manevich (killed in 1997).
[2] In 2000 he defended his dissertation on "State regulation of the real estate market in large city conditions on the basis of economic valuation."
[2] Despite the no-confidence vote, Nazarov retained the position and the media attributed this fact to the influence of Vladimir Pekhtin, the head of the "Unity" parliamentary faction.
A member of the Board of the Ministry of Property Relations of the Russian Federation (since 2000), he participated in the creation of a new concept of Real Estate Management in St. Petersburg (approved in 2001).
Two of them, Lyudmila Pridanova[5] and Sergey Sysoev,[6] were his deputies also when Nazarov served as the Chairman of the Saint Petersburg City Property Management Committee.
On May 25, 2004, the Irkutsk Regional Prosecutor's Office filed a case against Nazarov over the non-fulfilment of legal requirements regarding intervention into the situation in the Kirensk and Alexeyevsk ship maintenance bases.
[8] In accordance with the report of the Chairman of Accounts Chamber Sergey Stepashin, headed by Valery Nazarov, KUGA sold "for nothing" a 40 percent block of shares in the five-star Europa Hotel.
[3] According to the Kommersant newspaper, Nazarov organized a "long war" after the entry of officials to the Board of Directors of OAO "Sea Port of Saint-Petersburg".
[3] According to the deputy Igor Artemyev, the activity of KUGA under the administration of Nazarov was characterized as "lacking transparency" and "carrying out illegal actions".