Vic has said something about it. Basically it involved blaming his partner and a rent hike (from memory, so facts may not be fully correct).
I don't recall him being all that sorry about the fact he ripped a lot of people off though.
As with many things time has healed that though and most people don't remember it. Only those who were ripped off or have a better than average memory for occurances on this board.
VICTOR SAID ABSOLUTELY NOTHING TO ANYONE ABOUT CLOSING THE GYM!!!!!
HE WAS IN A PARTNERSHIP WITH THIS OLDER WOMAN (I FORGOT HER NAME NOW) DURING THE TIME I WAS A MEMBER OF HIS GYM. SINCE THIS WAS THE CASE AND HIS NAME WAS THE NAME OF THE GYM...HE HAD FULL RESPONSIBILITY TO INFORM THE MEMBERS OF ANY FINANCIAL PROBLEMS (AND SUPPOSED RENT HIKES...WHAT A CROCK) AND POSSIBLE CLOSURE...HE SAID NOTHING. TO CONTINUE THE BUSINESS OF COLLECTING MEMBERSHIPS AND THEN OFFERING OUTRAGEOUSLY LOW MEMBERSHIPS FOR THE LAST COUPLE OF WEEKS BEFORE CLOSING SHOWS THAT HE WAS INTENT UPON RIPPING OFF THE MEMBERS. WHEN I JOINED THE MEMBERSHIP WAS 350 FOR THE YEAR (STILL A BARGAIN), THEN I RENEWED DURING A "SPECIAL" WHERE THERE WAS A FIRST ONE HUNDRED MEMBERS GET 1 YEAR FOR $100. i THOUGHT i WAS GETTING THE DEAL OF THE CENTURY. WELL TWO WEEKS AFTER PAYING THE GYM WAS CLOSED...AND I AND DOZENS OF MEMBERS STOOD OUTSIDE WONDERING WHY THE GYM WAS CLOSED WITH NO NOTICE, NO INFORMATION ABOUT REFUNDS, OR DEALS TO CONTINUE MEMBERSHIPS AT OTHER GYMS...NADA...ZIP.
THE ISSUE WASN'T THE MONEY, BUT THE MOTIVATION BEHIND WHAT HE DID... AS WELL AS THE FACT THAT HE IS THIS PROFFESIONAL BODYBUILDER. ONCE AGAIN...MANY GYMS HAVE CLOSED IN NEW YORK, BUT NEVER HAS ONE BEEN CLOSED BY A PROFESSIONAL BODYBUILDER IN THIS MANNER....WHERE GYMS HAVE CLOSED THERE HAS ALWAYS BEEN A TRASNFERRENCE OF MEMBERSHIPS TO OTHER NEARBY GYMS SO MEMEBRS CAN CONTINUE WORKING OUT. SMALLER PRIVATE GYMS HAVE BEEN KNOWN TO CLOSE SHOP WITHOUT NOTICE, BUT AGAIN IN THOSE CASES THE GYM WAS NOT OWNED BY A PRO BODYBUILDER.