Yoga High Shuttering Its Lower East Side Studio at the End of January
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Yoga High is running low.
The last two winters weren’t so kind to the Lower East Side studio, with the first outward signs of trouble having materialized back in July; Yoga High cut back on its schedule and teachers. Owner Mel Russo told us at the time that last winter in particular “killed us financially and it’s taking us a while to catch up.” That meant restructuring the business to reach profitability again. Unfortunately, they could not escape the red, and will depart 98 Forsyth Street for good at the end of the month.
“Like many small businesses in New York, it has gotten to the point where the cost of real estate is just beyond the capacity of what we can handle,” Russo intimated in a recent press release.
The last class in the second-floor space will be on January 29, followed by a champagne toast with Russo.
Yoga High has been fortunate enough to have, at 98 Forsyth, one of the rare New York City landlords who has been overly generous with us during the hard times. But, like many small businesses in New York, it has gotten to the point where the cost of real estate is just beyond the capacity of what we can handle. We’ve crunched the numbers every way and then some, and it just doesn’t add up for the business to stay open. I wish I could have given you all more notice than this, but up until this morning, we were negotiating and weighing different options.
Our landlord is doing some building renovations over the next few months so there is always the potential for Yoga High to return in a different space within the building that would be within our budget. Unfortunately we can’t promise anything concrete yet, so please keep reading our updates so that you are always in the know.
When Liz and I first opened Yoga High in 2008 our dream was to make a Yoga home and build a community with people who shared our love of Yoga. I truly believe that we succeeded in building something very special. Although Yoga High has seen its fair share of changes with ownership, teachers and location, one thing has always stayed true: this community has meant more to me than anything. I am confident that whatever path I take as a Yoga teacher, many of you will be there with me.
Yoga High maintained several locations around the neighborhood during its nearly seven-year tenure. Its most recent move was in January 2013, having relocated to Chinatown from Clinton Street in search of a more affordable space.