Urban Spin In Lakewood Closing Its Doors
A 3-year-old Lakewood business is closing its doors due to COVID-19 and Gov. Andrew Cuomo’s continued closure of gyms.
Urban Spin opened its doors to the public in January 2017 at 110 Mall Blvd. in Lakewood across from the Chautauqua Mall with 15 stationary bikes and LED lights in sync to music. The facility started with business partners Calin Preiss, Joe Walsh and Melanie Berg, who’s a class instructor. The three also own Forge Health and Performance.
On Thursday, their three-year ride came to an end.
“Mel, Calin and I have had to make this heart-breaking decision to close our doors at Urban Spin,” the business said in a Facebook post. “Our studio was doing great and things were looking up for us to keep growing. COVID and the governor keeping us closed has drained anything that we had in the bank. We continued to make rent, MINDBODY, insurance, utilities and bike lease payments. We sold some bikes to help keep us afloat but we cannot bankrupt ourselves at this point. We have been given a buy out for the bikes and the lease of our building which one will completely deplete our bank account. We then have to sell the bikes to pay back the loan for the bikes which leaves us with nothing. No studio, no bikes, no instructors, no clients.”
The business said it has already sold its bikes to another gym and expects to be out of its Mall Boulevard building by Aug. 31.
See tomorrow’s edition for complete coverage.