Here's the message via Instagram:
It is with heavy hearts that we announce Overthrow will be ceasing operations with our last day of business being Thursday, November 7th, 2024. This decision is heartbreaking for us. Unfortunately, we took on immense debt during and post-Covid, which kept the doors open, but we can no longer afford our current lease, and the building has been listed for sale by the owner, making staying open unsustainable.We hope that Overthrow has given you something special, and made a lasting impact on the community that we’ve built together over the years. It’s been an honor to share this journey with all of you.
As for the three-level building, Corcoran has the listing:
Discover a rare gem in the heart of NoHo, one of Manhattan's most exclusive neighborhoods. This historic 3-floor townhouse, featuring a usable lower level with sidewalk vault, offers a unique blend of rich history and limitless potential. Occupied by one commercial tenant since 2014, the property will be delivered vacant and is primed for transformation into a single-family residence, multi-family with retail, or retained as a prime commercial investment.
The asking price for this one-time home of the Yippies, named and created by Abbie Hoffman and Paul Krassner, is $6.6 million.
After a protracted legal battle, the Yippies had to vacate their home of 41 years on Jan. 17, 2014. It served as the Yippie Museum Café since 2007. (Read this archived story in the Times for all the legal wrangling and history.)
Overthrow was named after one of the countercultural newspapers that the Yippies published here.
What’s happening to Robert Frank’s building next door ?
ReplyDeleteI hope Robert and Junes building is preserved. It is so unique in there. Two great artists studios that represent how many artists able to live and create in the neighborhood. Too bad about Overthrow, predatory real estate prices strike again.
ReplyDeleteBummer - love watching the training that sometimes took place in the street.
ReplyDelete$6.6 Million listing.
ReplyDeleteThis is unfortunate. I'm hoping it doesn't get purchased for a single-family residence.
ReplyDeleteDamn. Really liked that this place was there.
ReplyDeleteThese prices are insane. :(
Ah, broker babble, as usual: "Noho, one of Manhattan's most exclusive neighborhoods."
ReplyDeleteThey just attach the phrase "most exclusive" to any neighborhood they're trying to push. How stupid, how predictable.
I spent a lot of time training there, learning there, and working together with others to strengthen ourselves physically and mentally. Might sound odd to say this about a boxing gym but it truly felt like a community, which is why closing its doors feels so painful.
ReplyDelete