Golden Bridge Yoga blasted a newsletter on Friday morning penned by owners Gurmukh and Gurushabd announcing the closure, which is scheduled for the end of September.
“At this time Golden Bridge Hollywood still has not received an offer to buy or take over our sacred space,” reads the letter, referring to the Los Angeles location at 1357 N. Highland Ave. “The demanding time and cost required of us to keep our doors open have led us beyond the threshold of our financial abilities. And so, it is with heavy hearts but trusting spirits that we invite you to share in celebrating Golden Bridge Hollywood’s final month of operation through the end of September.”
During a telephone interview on Friday afternoon, Gurushabd, who opened the studio with his wife, Gurmukh, in 1999, confirmed that the couple had decided to shutter the location, blaming the demise on local competition. Golden Bridge will continue to operate its two other studios, in Santa Monica and New York, overseen by their daughter, Gurushabd said.
“It’s too big for the number of people coming through who are interested in Kundalini yoga, and there is a lot more yoga in Hollywood than there used to be,” Gurushabd told The Hollywood Reporter, adding that there are “10 or 11” employees currently employed at the center. “This (location) just doesn’t work anymore.”
Golden Bridge garnered a considerable amount of press attention in late January 2013 when Brand staged a walkout in favor of yoga instructor Tej Kaur Khalsa. According to reports, Brand was upset that Golden Bridge wouldn’t let her out of her contract, so he led a charge out of the building and helped her set up shop elsewhere. Moore was also part of the exodus.
Asked if the exit by Golden Bridge’s famous students had anything to do with the closure, Gurushabd said, “Yes and no.”
“There are so many reasons, you’d have to list 35. My wife and I travel a tremendous amount, and we’re not there that much anymore. It’s just time to move on,” he said.
Reps for Brand did not respond to requests seeking comment.
While they are still working out the final details, Gurushabd said a “celebratory” closing event will take place on Oct. 1. Gurmukh and Gurushabd will both be present. “It’s been a great journey in Hollywood,” he said. “On to the next adventure.”