When we first started on our journey to build a squash facility, we thought it would be a for-profit venture. But very quickly we ran up against several obstacles:
- There are many things that you can do with real estate that are vastly more profitable than squash.
- Getting a profitable return from squash with real estate prices in Manhattan is extraordinarily difficult and risky.
- There are many things that we want to do with our squash center that do not fall neatly in line with a for-profit motive. Building diversity, community and reasonable pricing into the mix are just three examples – but there are many, many more.