NXIVM Headquarters Sold – Government and Sara Bronfman to Share Proceeds

February 26, 2025

For those who long for a return to NXIVM to take classes on New Karner Road in Colonie, New York, and pledge tribute to the Vanguard, read aloud and in unison the 12-point mission statement, learn the NXVM handclasp and imbibe the wisdom of the smartest man in the world, we have sad news to report.

The classroom and offices have been sold.

Rosetti Properties purchased the three buildings, located at 447, 455, and 457 New Karner Road, in Colonie, New York, a suburb of Albany, in a cash deal for $700,000.

NXIVM headquarters at 455 New Karner Road

Rosetti is a real estate management firm with apparently no dedication to the most ethical man in the world. This is evidenced by the company paying exacly half of the listing price of $1.4 million.

The properties had been up for sale for 10 months.

447 New Karner Rd an office building adjacent to the main headquarters of Nxivm This property along with two others on New Karner hade been seized by the US Government

The Colonie-based real estate firm manages a portfolio of residential properties in the Albany area.

The $700k will not go to Keith Raniere, Clare Bronfman or NXIVM but to the US government and Sara Bronfman.

As part of the prosecution of Clare Bronfman, who, along with her sister, Sara, purchased them, Clare agreed to forfeit her share to the government.

In a deal with the government, Sara Bronmfman agreed to accept $200,000 for her share.

Document 823 – Order Regarding Stipulation Between Sara Bronfman-Igtet & Prosecution (12.26.2019)

While her sister, Clare, was imprisoned for her role in the Nxivm enterprise, Sara fled the US and reportedly lives in Portugal.

For reasons unclear, the government chose not to include Sara Bronfman in the NXIVM inner circle.

The offices have been vacant since 2018.

Sara and Clare invested more than $150 million with Raniere to help him punish his enemies.

Sara has her millions intact and faces no criminal penalties. While she lost perhaps $100 million supporting Raniere’s criminal enterprise, she has an estimated $350 million left.

On the other hand, Clare chose to stick with the ethicist. When things got hot, she fled the USA with Raniere – off to Mexico.

She was arrested in July 2018. Took a plea deal on Good Friday 2019 with a 21-27 sentencing guidelines and got the bad news in 2020 that her 10-page plea deal had about the same value as 10 sheets of toilet paper. She was sentenced to 81 months in prison.

 

This marvelous portrait of Sir Keith Raniere adorned the building at 455 New Karner for years.

new karner keith raniere 2

new karner1

new karner keith raniere

The sashes hung lonely at 455 New Karner Rd. Clare was an orange sash while Sara had the coveted green sash, making her one of the highest-ranking members of Nxivm ever.

Sara and Clare Bronfman

In any event, the property at 455 New Karner is sold along with two other nearby properties, which were bought with Bronfman sisters’ money. Sara will get $200,000.

She spent about $100 million with Raniere and she will get back $200,000.

Viva Executive Success!

 

author avatar
Frank Parlato
Frank Parlato is an investigative journalist, media strategist, publisher, and legal consultant.
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Anonymous
Anonymous
7 months ago

Why such a long sentence? 120 years. Al Capone got less. Sammy ” t Bull” Gravano got only five for turning state evidence and he had killed scores of people.
Just a curious Canadian.

Anonymous
Anonymous
8 months ago

Just seeing this several weeks later. FYI I don’t think Clare ever managed to sell her horse farm outside Albany in Knox, NY. It’s gone through two realtors and a price drop from 4.9 million I think 2.5 million as of last summer. The realtor’s signs came down around October but I suspect it was the end of the most recent agent’s contract. Some rumors that it has been sold but I see no evidence of it in the county property records online. The 2025 assessment roll hasn’t come out yet. If she still owns it she can come back to visit in a little over three months time. 😉

NiceGuy
9 months ago

Frank-

LmFaO at:
“10-page plea deal had about the same value as 10 sheets of toilet paper. “

Comedy Gold!!!
***

Allen
Allen
9 months ago

NXVIM updates are needed on the sex ring leaders.
What are Allison Mack, Lauren Salzman and Nicki Clyne up too these days?
Also, would Sara Bronfman get arrested if she set ground on US soil again?

Anonymous
Anonymous
9 months ago
Reply to  Allen

Nicki Clyne is a self-employed author, actress, content creator, and communications specialist in Florida.

Kevin
Kevin
9 months ago

“For reasons unclear, the government chose not to include Sara Bronfman in the NXIVM inner circle.”

The words you’re searching for are FBI Informant.

Which explains how entire categories of people in what the government classified as an organized crime syndicate were never charged, despite being in leadership.

Pilgrim
Pilgrim
9 months ago
Reply to  Kevin

Michele, I do agree. Sara an FBI asset. She knew, it was go to prison or turn rat. She put her own sister in prison to save her own ass.

Anonymous
Anonymous
9 months ago

Hey Frank – almost 7 years ago when I sent you those pictures at 455 New Karner – will never forget how creepy it was even being outside that place!

Anonymous
Anonymous
9 months ago
Reply to  Anonymous

Who took all the signs? Who gets to keep the stuff inside?

NiceGuy
9 months ago
Reply to  Anonymous

I remember how creepy it was camping outside your bathroom window.

BTW:
Please start flossing at night!

Anonymous
Anonymous
3 months ago
Reply to  NiceGuy

Creepy

Jack Kuhnert
Jack Kuhnert
9 months ago

I’m not up to date on Albany RE but purchasing 3 office buildings (10,000 sf plus parking) for only 700K sounds like an amazing deal for the buyer. $70 a foot is unbelievable!

Anonymous
Anonymous
9 months ago
Reply to  Jack Kuhnert

Haunted homes are cheap….

Wally
Wally
9 months ago

Maybe the new owners will turn it into a NXIVM museum?

Anonymous
Anonymous
9 months ago
Reply to  Wally

And they get to lock you in a closet like a simulation. Or they have an AI EM machine to pretend you’re getting an EM. Or maybe the Salzmans can have live branding demos. Could be like the salem witch museums….

Anonymous
Anonymous
9 months ago

You’re a Real Estate Mogul Frank. Why didn’t YOU buy this choice & cheap property?

Anonymous
Anonymous
9 months ago
Reply to  Frank Parlato

You’re better off….its like buying a haunted house….bad history inside it…bad karma….

NiceGuy
9 months ago
Reply to  Anonymous

Frank tendered an offer!

Some lint in his pocket, a nickel, and an empty shoe box.

Anonymous
Anonymous
3 months ago
Reply to  NiceGuy

NiceGuy is a creepy weirdo. Jesus, get some new material.

Dr. PSU @edu
Dr. PSU @edu
9 months ago

Frank said his ties are real even on love island with EPSTIEN

Anonymous
Anonymous
9 months ago

Viva Executive Success!

Pilgrim
Pilgrim
9 months ago

So, she spent a total of $99,900,000? Calculates to around $1M per EM/Intensive? Not a bad deal.

Viva Executive Success!

Benji Carver
Benji Carver
9 months ago

“that her 10-page plea deal had about the same value as 10 sheets of toilet paper.”

IDK, Frank. Clare and Suneel place a lot of value on toilet paper.  

Anonymous
Anonymous
9 months ago
Reply to  Benji Carver

We haven’t heard from the Sunny Eel in many months.

Has he taken up a full-time job as Clare’s ass wiper? How did she manage in prison without him?

Dr. PSU @edu
Dr. PSU @edu
9 months ago
Reply to  Benji Carver

Local talent needed. First case of Covid vaxxed been swallowed cause of death. Semen demon east of the Mississippi line.

A. Fernandez
A. Fernandez
9 months ago
Reply to  Benji Carver

Senor Carver, why must you always poke fun at Senor Chakravorty and Senorita Bronfman? All they wanted to do was make the world a more ethical place. Senor Raniere dropped thousands of loads of cum all over our three daughters, with our blessing because we knew it was for the greater good. Even our little Monkey gave birth to his avatar baby.

Fuck you, Senor Canver, you piece of shit.

NiceGuy
9 months ago
Reply to  Benji Carver

Benji-

Suneel strictly uses only Cottonelle©️

Sandpaper 65 grain is used when Clare and Suneel feel mischievous.

Jarhead
Jarhead
9 months ago

Should Frank get one of those sashes? Maybe he can start a new fashion trend by wearing one out to dinner.

Snorlax
Snorlax
9 months ago
Reply to  Jarhead

With no shirt…

Anonymous
Anonymous
9 months ago

Why does Sara get anything?????

A. Fernandez
A. Fernandez
9 months ago
Reply to  Anonymous

Sara is a wonderful woman! She deserves it. She propped up Nxivm for years.

Kevin
Kevin
9 months ago
Reply to  Anonymous

Why wasn’t Sarah Edmondson or Mark Vicente, or half of the leadership in the company charged, despite being directly tied to the things that the government classified as criminal behavior?

Because when you’re an informant, you can do anything, and someone else will take the fall for you.

Monkey
Monkey
9 months ago
Reply to  Kevin

Kevin,

I know you are a female, in love with Keith. Just remember, bitch, he had his avatar child with me…

You are either, Michele, Nicki or Danielle. Sorry bitches.

StevenJ
StevenJ
9 months ago
Reply to  Kevin

That’s how the system works. Great incentive to rat out your criminal buddies and walk free yourself.

Anonymous
Anonymous
9 months ago

Success is relative, it depends on the level of expectation of success. Keith’s NXIVM was a start-up funded with venture capital from the Bronfman sisters. These two sisters were given a leadership role in the organization of NXIVM by Keith. They gained access to one of the world’s most intelligent problem solvers who promised to save the world. So what is more valuable, access to Keith or $100 million? The Bronfman’s got something worth more than $100 million. It was just priceless and inestimable.

Nutjob
Nutjob
9 months ago
Reply to  Anonymous

It was a start-up funded with basically no overhead. Nancy even already had the lease for the 455 New Karner Rd office. Keith gladly just took the Bronfman money and happily spent it (gambled it away on 16-leg parlays). That being said, your point (which I love) is even more valid. I bet Clare agrees the millions were well spent.

Nutjob
Nutjob
9 months ago

They can take our classroom. They can take our Vanguard. But they can’t take our grab bag that glorious Vanguard gifted us! https://www.urbandictionary.com/define.php?term=STD%20Grab%20Bag

A. Fernandez
A. Fernandez
9 months ago
Reply to  Nutjob

Our daughters, Bobo, Monkey and VC all their shots after sexual contact with Senor Raniere. All the gonoreah, syphalus, herpes, HPV, etc. Has cleared up.

NutJob, go fuck yourself. And fuck Frank.

A. Fernandez
A. Fernandez
9 months ago
Reply to  Frank Parlato

Because fuck you, Frank, you cuck!!

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