The hall is owned by Tower Hamlets Council and in 2004 was threatened with closure. However, the hall was saved, and in 2005 it underwent a major multimillion-pound refurbishment in a joint project between the local Tower Hamlets council and Greenwich Leisure. The site is split into three sections: a leisure centre with pool and gymnasium; a Spa and a multi-use events hall.
The historic Turkish Bath or banya in the basement was the last publicly run example in the East End of London. In 1972 there were still six Turkish baths, a legacy of the high Jewish population of Russian and Polish origin. This included the traditional suites of Russian and Turkish steam rooms, sauna, relaxation lounge. This popular and often full facility was closed and re-branded as an upmarket "Spa London" by the council in July 2007, amid vocal protests from its users. Treatment rooms were added to provide a range of upmarket beauty treatments. Where customers used to give each other a massage with the traditional Yiddish schmeis free of charge, they now have to pay £56 on top of the £21 admission, whilst treatments such as Hydrotherapy Hydration Purity Rituals have been introduced. Neal Hounsell, Head of Leisure Services at Tower Hamlets, justified the re-branding on the basis that the borough was one of the most deprived in London.
The York Hall Leisure Centre's facelift included a state-of-the-art gymnasium that doubled the size of the previous gym area, a refurbished reception area and pool and new changing rooms. The gym is blessed with a newly installed functional area including TRX and Technogym's latest functional frame.
The hall is also a popular venue for professional wrestling events, having hosted shows for major promotions such as TNA Wrestling, Ring of Honor, Revolution Pro Wrestling and Frontier Wrestling Alliance, among others.