The parent company of Boston Sports Clubs sent an an email to members today/June19th that it will permanently close the Wells Avenue facility and intends to transfer memberships to locations in West Newton or Wellesley. The 276,000-square-foot facility with pool, tennis courts and workout space has been dark since mid-March.

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.

 







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