West Newton is on Washington Street with a smaller gym, no pool or tennis. The Wellesley site near Babson College on Great Plain Avenue includes tennis, with five indoor courts, compared to four at Wells Avenue.
A Brookline-based real estate partnership, G&Z RE Investment, owns the 6-acre Wells Avenue property. It was purchased in 2017 for $15 million according to Newton city records, following an attempt by Cabot Cabot & Forbes to rezone the land to build a proposed 334 units of housing.
On June 15th, BSC’s parent company Town Sports International Holdings Inc. said via a federal 8-K filing that it was seeking additional capital and reviewing strategic options. The NASDAQ-listed company said its board is actively considering alternatives, adding that it faced a November debt payment deadline and the possibility of filing for bankruptcy protection. More than 90 percent of its locations were closed in March because of pandemic precautions and 9 in Florida are now open, the company reported.
BSC’s lease for Wells Avenue expires in 2023 but has a 180-day termination clause, according to open source real estate website, BLDup.com. And the facility does have a loyal following.
A June 6th email from “a former member, former employee, and local business owner” said that BSC would be shuttered and asked members to participate in a survey, expressing hope to retain and update the facilities. Adam DiTullio is a youth sports coach and owner of Coach Adam Inc. based in Somerville. In that email, he said the gym “has been a part of Newton for over 30 years and we would like it to stay!”
Calls to DiTullio and agents for G&Z executives were not answered on Friday.
Dear Newton Member,
We hope this email finds you and your loved ones safe and healthy. On behalf of Town Sports International, we have made the difficult decision to permanently close the Newton location.
This decision was a difficult one, but all isn’t lost. Effective immediately, your membership has been upgraded to Elite at your current rate with your new “home” club, Wellesley – only 5.1 miles away! By having an Elite Membership, you’ll be able to work out in all of our over 160 locations – from DC and Maryland to New York, Boston, Florida, California and yes, even Puerto Rico. Our Wellesley location is right on Babson’s College campus and offers indoor and outdoor swimming pools, tennis and basketball courts, kids programming, babysitting and so much more! For more information about our Sports Clubs and all we have to offer, visit us at www.bostonsportsclubs.com.
We want to make this transition as easy as possible, so you won’t need to do anything. Your membership will automatically be transferred to Wellesley so all you have to do is visit us at any location once we’re back up and running to work out. Additionally, we’re giving you the ability to try this surrounding club without being billed until 9/1. You can reach out to James Mahoney, our Business Director at [email protected] for more information about billing or your membership.
If for any reason Wellesley is not a good fit, the West Newton club is also in your vicinity.
We understand this is a lot to take in but we’re hoping this gives you something to look forward to as you continue your fitness journey with us once we reopen our clubs.
Again, we will miss being a part of the Newton community but we’re hoping that you’re just as excited as we are to get back into working out and introducing you into our Elite family.
Remember, we’re in this together.
See you soon!