Overthrow Hospitality’s Amor y Amargo is back in its original home at 443 East Sixth Street in East Village after spending the last four years at 95 Avenue A, according to a recent Instagram announcement.
Ravi DeRossi, CEO of Overthrow Hospitality, told What Now New York that the decision made sense for Amor y Amargo from an economic standpoint. DeRossi opened the bar in 2011 as the first bitters-based bar in the U.S., according to the Amor y Amargo website.
“When we went from the old location to the bigger location, it tripled in size, so we assumed that sales would increase and triple, and they never really did,” DeRossi said. “I think it’s too niche of a concept to be on a big corner spot, so we figured we would put it back in its old location.”
However, the larger space at 95 Avenue A will not remain vacant. DeRossi said he and his team at Overthrow Hospitality will be bringing a new concept into that space, with more details to be revealed in coming weeks.
“We’ve got a lot of ideas that we’re throwing around right now,” DeRossi said. “Obviously we’ll keep it and do something with it.”
DeRossi has been on the restaurant scene in the East Village for more than two decades. He founded Overthrow Hospitality, formerly DeRossi Global, in 2020 as a mission-driven, plant-based hospitality group dedicated to sustainability and ethics.
“As a hospitality group, our mission is to alleviate suffering in the world,” the Overthrow Hospitality website states. “We believe that the majority of people aspire to improve themselves and contribute to a healthier planet. Our restaurants provide a simple way to reduce suffering, not only for animals, but also for the well-being of humans and the environment.”
The restaurant group has multiple venues in its portfolio, including Cadence, Proletariat and Ladybird.
