![]() I did not believe it was possible for me to love Astor Wines more. The announcement was met with much approval: ![]() By becoming an employee-owned business, we ensure that Astor Wines & Spirits will maintain our qualitative standards in selection and service while providing the additional benefit of rewarding our outstanding team.” - Andy Fisher “My brother and I believe the best succession plan is to entrust Astor to the people who have been so instrumental in building our enterprise. 417 reviews of Astor Wines and Spirits 'What Tower is to records and Borders is to books, Astor is to wine. This means that shares of the business are divided among its employees. COVID update: Astor Wines and Spirits has updated their hours, takeout & delivery options. To clarify, the business has been sold to an Employee Stock Ownership Plan. ![]() Astor Wines & Spirits September 12, 2022 Astor's owners, the Fisher family, explained: "the best succession plan is to entrust Astor to the people who have been so instrumental in building our enterprise.” /8NDF1NzSbg The sale, announced today, was made to an ESOP, in which shares of the business are allocated to the employees. 427 reviews of Astor Wines and Spirits 'What Tower is to records and Borders is to books, Astor is to wine. However, as of August 2022, the business has been sold to its employees. COVID update: Astor Wines and Spirits has updated their hours, takeout & delivery options. Edwin’s son Andy has held the role of President since 1971 with his brother Rob Fisher as the Chief Operating Officer. Astor Wines & Spirits was eventually purchased by Edwin Fisher in 1968. Astor has a great selection but the prices at warehouse are better. PJ Wines & Liquor up in Inwood is huge and has the best balance of prices and variety I've seen. It was’t until two expansions later (the most recent in 2006) when it moved into the historically landmarked De Vinne Press Building. Astor Wines is the go-to, but Warehouse Wines & Spirits is also pretty good. Since then, reports have been circulating about the decision's connection to employees' attempts at organizing a union vote.Įspecially given the rumors associated with this last closing, folks have been praising Astor Wines & Spirits' decision to embrace a pretty rare business setup. We wholeheartedly join that chorus.Astor Wines & Spirits originally graced Greenwich Village in the middle of Astor Place in 1946. Back in August, the space permanently shut down without any warning. The much applauded development follows the sudden closure of another beloved wine shop, the only Trader Joe's Wine Store in all of New York. The company moved to the new space in 2006. Although the sale was made final on August 16, the price has not been revealed.Īlthough city dwellers are familiar with the bottle shop's location at the De Vinne Press Building (one of the very first individually landmarked buildings in all of New York), not many know that Astor Wines & Spirits' original address was actually on Astor Place. ![]() ![]() "By becoming an employee-owned business, we ensure that Astor Wines & Spirits will maintain our qualitative standards in selection and service while providing the additional benefit of rewarding our outstanding team."Īccording to The Village Sun, the Fisher family has owned and operated the downtown destination, which currently employees 75 people, for over 50 years. "My brother Rob, Astor's chief operating officer, and I believe the best succession plan is to entrust Astor to the people who have been so instrumental in building our enterprise," he said in a statement. Welcome to New York Citys largest wine & spirits store online. We carefully curate our selections - carrying less of what youll see everywhere else - and more of the gems youll want to discover. Astor's owners, the Fisher family, explained: "the best succession plan is to entrust Astor to the people who have been so instrumental in building our enterprise.” /8NDF1NzSbg- Astor Wines & Spirits September 12, 2022Īndy Fisher, the company's president, went into detail about the decision on Instagram. Spirits Search Astor Wines & Spirits Wine And Spirits Store, Orange Wine, Buy. Specialties: Astor Wines & Spirits is home to, arguably, one of the largest selections of wines and spirits in New York City. ![]()
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