It is rumored that Gold's Gym in Darlinghurst will close in the next month.

Since Fitness First opened across the road from Gold's the place has steadily lost the majority of their members.

I have held on only because of a sense of community for Gold's but the rumor doing the rounds now is that Gold's will close in June and 'merge' with City Gym.

I for one will not move over to City Gym if this happens, I would prefer to join Fitness First and have the gym almost on my door step.
And the rumor has pretty much been confirmed by:
DA Number D/2008/757
Location:23 Pelican Street SURRY HILLS NSW 2010
Description:Demolition of existing building and construction of a 15 storey building with 57 serviced apartments (34 studios and 23 two-bedroom apartments). Proposal includes one level of basement car parking for 8 vehicles. Vehicular access and the main entrance to the building are via Poplar Street. The building contains a cafe/bar, lobby, reception and office on Level 1. Levels 2 to 15 comprise serviced apartments, whilst the roof level contains a roof garden.
Estimated Cost of Work:$15,228,361
Application Lodgement Date:13/05/2008
Exhibition Closes:10/06/2008