(Feb. 1, 2018) A planned private fitness club has officially been dissolved with the two partners agreeing to return money raised to Nantucket Superior Court for disbursement to the original investors.
Ezia Truyman and Jeffrey Kaschuluk had planned to develop The Ezia Athletic Club on Old South Road, original slated to open this spring.
Instead, the two ended up in court last fall, where Truyman accused Kaschuluk of spending funds outside the arrangement they set up in a memorandum of understanding, and Kaschuluk accusing Truyman of not raising enough investment capital to secure land for the project, according to a suit filed and arguments between the two men’s attorneys in court.
The Ezia Athletic Club had been approved by the Planning Board to have an 11,000-square-foot indoor facility with a gym, exercise rooms, four squash courts, spa and therapy rooms, a golf simulator and small snack bar; with a pool, spa pool, volleyball court and small chipping and putting green outside on three acres at 88 Old South Road Membership was to be limited to 250 families, with an expected $120,000 initiation fee, Truyman said in 2015.
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