It's a shame (and a surprise) to see it close so quickly, they had some good photography, even a page dedicated to the day's best photo- very rare to see these days.
It's a tough market and it's hard to see new print based newspapers becoming a roaring success in the present climate. That said, The New Day didn't seem to have any time to establish itself at all, before being pulled.
I hope everyone who worked on the paper finds new opportunities/employment quickly. Good luck!