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New York City’s Iconic Astor Wine Shop is

An iconic New York City wine shop is now owned by its employees, in a historic move

The message states that the shop’s plan is to “entrust Astor to the people who have

The sale, announced today, was made to an ESOP, in which shares of the business are allocated

Astor's owners, the Fisher family, explained: "the best succession plan is to entrust Astor to the people

The bottle shop sits at the corner of Lafayette and 4th Street in the East Village

Astor Wine & Spirits was a longtime Greenwich Village resident, moving to the 50 percent larger space in

Andy Fisher has been the company’s president since 1971, according to Astor’s website

Fisher states in an Instagram post that he believes the decision sets the shop up for further