EP90 Another Yoga Center Closing
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EP90 Another Yoga Center Closing
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It’s official. I will be closing my yoga center down at the end of this year. The hipster pond that I once helped homestead a decade ago has come to a boil quicker than I could have foreseen, and the only sensible thing to do is come up with an exit plan. Contrary to the common meme though, I don’t think the ‘studio model’ is disappearing.
I always knew that my time for an ending would come. I have witnessed the pattern enough to predict that an operation like mine can only keep pace with the rents for so long before getting priced out. What is surprising is how fast it happens and how hard it is to accept when the numbers turn against you. It’s easy to place blame somewhere. With myself for not running the business better. Or with the NYC real estate market for acting so seemingly against its own interests and humanity. Or with a larger economic system that is based on a grow-or-die model which precludes a healthy stasis for community-supported businesses.