Blink Fitness Files For Bankruptcy, Could Close Some Locations

MIDTOWN, NY – Blink, which provides low-cost gym access to many New Yorkers, filed for bankruptcy on Monday. According to CNN, the gym may close an “unspecified” number of its fitness clubs.

According to its website, Blink operates 11 locations in Manhattan:

Midtown

Blink Fitness Bryant Park

• 5 Bryant Park
• Phone: (646) 795-2681

Blink Fitness 54th

• 240 E. 54th Street
• Phone: (646) 561-5460

Blink Fitness Grand Central

• 125 Park Avenue
• Phone: (646) 561-5470

Blink Fitness Murray Hill

• 600 Third Avenue
• Phone: (646) 561-5400

Uptown

Blink Fitness 116th

• 27 W. 116th Street
• Phone: (646) 561-5454

Blink Fitness 125th

• 301 W. 125th Street
• Phone: (646) 253-9700

Blink Fitness Washington Heights

• 4200 Broadway
• Phone: (347) 338-6465

Downtown

Blink Fitness Chelsea

• 308 Eighth Avenue
• Phone: (646) 560-4010

Blink Fitness East Village

• 98 Avenue A
• Phone: (212) 202-3300

Blink Fitness NoHo

• 16 E. 4th Street
• Phone: (212) 245-6008

Blink Fitness FiDi

• 111 Nassau Street
• Phone: (646) 561-5459

What’s Next?

Representatives at several locations told Patch that they do not believe any changes or closures are happening imminently. However, the employees Patch spoke with emphasized that they had very little information.

But the company isn’t necessarily doomed. In the Chapter 11 process, which is the type of bankruptcy Blink filed, a debtor “usually proposes a plan of reorganization to keep its business alive and pay creditors over time,” according to a U.S. Courts explainer.

Blink, which is owned by Equinox, serves approximately 443,000 members as of June 2024, according to the bankruptcy filing. It employs approximately 2,074 employees; of these, about 2,000 work on an hourly basis.

The company was hit hard by the pandemic, which resulted in a temporary closure of its clubs and a significant reduction in revenue. It’s contending with about $280 million in debt.