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Frank Report
The truth is always fair

NXIVM Headquarters Sold – Government and Sara Bronfman to Share Proceeds

02/26/2025  |  Frank Parlato
NXIVM Headquarters Sold – Government and Sara Bronfman to Share Proceeds
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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.

nxivm cafe 1

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.

Company Store: NXIVM headquarters at 455 New Karner Rd.Company Store: NXIVM headquarters at 455 New Karner Rd.

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.

new karner 2457 New Karner [top building] 455 New Karner [next to it] and 447 [with red marker]

447 New Karner Rd, an office building adjacent to the main headquarters of Nxivm. This property along with two others on New Karner have been seized by the US Government447 New Karner Rd, an office building adjacent to the main headquarters of Nxivm. This property along with two others on New Karner have been seized by the US Government

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.

The "Inner Circle" of NXIVM/ESPThe "Inner Circle" of NXIVM/ESP

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 should be inspiration enough to beckon his "friends' to come out of the shadow and support him. Where art the friends of Raniere? Come forward and be counted.This marvelous portrait of Sir Keith Raniere should be inspiration enough to beckon his "friends' to come out of the shadow and support him. Where art the friends of Raniere? Come forward and be counted. 

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

new karner keith raniere 2The giant sketch of Vanguard, known as Sir Keith, sketched by Michelle Salzman hanging for years at Nxivm headquarters has been removed, presumably by the artist.

Colored sashes on the wall.Colored sashes on the wall.

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 BronfmanSara 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!

 


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Comments (44)

  • NutjobFebruary 26, 2025
    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. FernandezFebruary 27, 2025
      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.
      • Frank ParlatoFebruary 28, 2025
        Do you find it necessary to use expletives to express yourself? At one time, you were entirely capable of more dignified discourse.
        • A. FernandezFebruary 28, 2025
          Because fuck you, Frank, you cuck!!
          • Frank ParlatoMarch 1, 2025
            Watch your language. I do not think you understand the word cuck. A comment troubled me that your wife made to me privately. She said you told her that as far as he was concerned, you thought all cuckolds should be thrown in river. Your wife's comment was “I did not know my husband could swim.”
  • AnonymousFebruary 26, 2025
    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.
    • NutjobFebruary 26, 2025
      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.
  • AnonymousFebruary 26, 2025
    Why does Sara get anything?????
    • A. FernandezFebruary 27, 2025
      Sara is a wonderful woman! She deserves it. She propped up Nxivm for years.
    • KevinFebruary 28, 2025
      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.
      • MonkeyMarch 3, 2025
        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.
      • StevenJMarch 3, 2025
        That's how the system works. Great incentive to rat out your criminal buddies and walk free yourself.
  • JarheadFebruary 26, 2025
    Should Frank get one of those sashes? Maybe he can start a new fashion trend by wearing one out to dinner.
    • SnorlaxFebruary 27, 2025
      With no shirt…
  • Benji CarverFebruary 26, 2025
    “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.
    • AnonymousFebruary 27, 2025
      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 @eduFebruary 27, 2025
      Local talent needed. First case of Covid vaxxed been swallowed cause of death. Semen demon east of the Mississippi line.
    • A. FernandezFebruary 27, 2025
      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.
    • NiceGuyFebruary 28, 2025
      Benji-

      Suneel strictly uses only Cottonelle©️

      Sandpaper 65 grain is used when Clare and Suneel feel mischievous.
  • PilgrimFebruary 26, 2025
    So, she spent a total of $99,900,000? Calculates to around $1M per EM/Intensive? Not a bad deal.

    Viva Executive Success!
  • AnonymousFebruary 26, 2025
    Viva Executive Success!
  • Dr. PSU @eduFebruary 27, 2025
    Frank said his ties are real even on love island with EPSTIEN
  • AnonymousFebruary 27, 2025
    You're a Real Estate Mogul Frank. Why didn't YOU buy this choice & cheap property?
    • Frank ParlatoFebruary 28, 2025
      I was too slow.
      • AnonymousFebruary 28, 2025
        You're better off….its like buying a haunted house….bad history inside it…bad karma….
    • NiceGuyMarch 1, 2025
      Frank tendered an offer!

      Some lint in his pocket, a nickel, and an empty shoe box.
      • AnonymousAugust 19, 2025
        NiceGuy is a creepy weirdo. Jesus, get some new material.
  • WallyFebruary 27, 2025
    Maybe the new owners will turn it into a NXIVM museum?
    • AnonymousFebruary 28, 2025
      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….
  • Jack KuhnertFebruary 27, 2025
    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!
    • AnonymousFebruary 28, 2025
      Haunted homes are cheap….
  • AnonymousFebruary 27, 2025
    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!
    • AnonymousFebruary 28, 2025
      Who took all the signs? Who gets to keep the stuff inside?
    • NiceGuyMarch 1, 2025
      I remember how creepy it was camping outside your bathroom window.

      BTW:

      Please start flossing at night!
      • AnonymousAugust 19, 2025
        Creepy
  • KevinFebruary 28, 2025
    “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.
    • PilgrimMarch 1, 2025
      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.
  • AllenFebruary 28, 2025
    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?
    • AnonymousMarch 16, 2025
      Nicki Clyne is a self-employed author, actress, content creator, and communications specialist in Florida.
  • NiceGuyFebruary 28, 2025
    Frank-

    LmFaO at:

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

    Comedy Gold!!!

    ***
    • Frank ParlatoMarch 1, 2025
      You have made jokes on this topic for four years now, Nice Guy. Sometimes they have been very funny and at other times I regret to say your Suneel jokes have been a bit immature and bordering on potty humor. As a=your Amway upline supervisor said, “get your eyes out of the gutter, and look up at the stars.”
  • AnonymousMarch 21, 2025
    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. 😉
  • AnonymousApril 20, 2025
    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.
    • AnonymousDecember 21, 2025
      sex trafficking, sex with an underage girl, kidnapping, extortion, fraud. The number of charges he was convicted of and the number of people he did this to

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