“This bar is older than most of its customers,” said Mitchell Banchick, who founded Down the Hatch in the 1990s to cater to the under-thirty crowd. Nowadays, the demographic is mostly the same, as NYU students and young professionals make up the bulk of its clientele.
Mitchell, who was raised in the Bronx and was also an NYU alum, spent his college years working at a string of Bleecker Street watering holes. After a time on Wall Street and a stint as a restaurant broker, he gravitated back to hospitality. From his student days, he remembered a dearth of fun bars geared toward young people in the NYU area and decided to fill the gap.
He joined forces with his two college roommates to secure the lease for an old sushi restaurant he used to frequent and transform it into a classic dive bar. The friends renovated the place themselves, relying on the occasional “how to” book to sort out the electrical and plumbing, and the venture was an absolute success: “We were busy from the minute we opened, and that was before social media.”
When the bar started out, Mitchell was the sole manager, maintenance guy, and bartender on most nights.
He has since launched over a dozen more bars in three states, including Off the Wagon, the Stumble Inn, and Jake’s Dilemma in Manhattan. “But Down the Hatch will always be my baby. It’s my most iconic bar in New York.” People from upstate and the outer boroughs often visit to taste their award-winning chicken wings or play a round of beer pong at the tables in the back.
Mitchell is pleased to say that many former patrons return to reminisce about the great times of yesteryear, as countless people met their significant other, held their bachelor party, and made meaningful friendships at the bar. Since he is fortunate to own the building, Mitchell has no doubt that Down the Hatch will stand as a living testament to these fond memories through the decades.
