An independently owned fitness center in Decrease Manhattan has fallen sufferer to Covid-19, becoming a member of a protracted record of companies ravaged by the pandemic.
Tribeca Well being & Health, positioned at 107 Chambers Road, filed for Chapter 7 chapter on Friday and introduced its everlasting closure on its web site.
“We’re heartbroken to announce that we are going to not be reopening,” the web site stated. “The extended Covid closure has made it inconceivable for us.”
Since 2017, Allison and Fred Thompson have been the homeowners of the favored fitness center, which occupied greater than 10,000 sq. toes of house throughout three ranges, in response to the web site.
Within the assertion, the homeowners stated they “tried each avenue” to avoid wasting the fitness center, the pandemic was greater than they might bounce again from.
The enterprise owes greater than $1.four million to its collectors, whereas its belongings totaled about $92,000, in response to the chapter petition.
With the closing, the self-proclaimed “largest family-owned health facility in Decrease Manhattan” has joined the pool of sports activities golf equipment and health facilities crashed by the pandemic in current months.
City Sports activities Worldwide — which owns sports activities golf equipment in New York, Boston, Philadelphia and Washington, D.C. — filed for Chapter 11 chapter final month after the compelled closure of gyms led to large losses in income, Reuters reported. The nationwide chain 24 Hour Health additionally filed for chapter in June.