From Otto’s Shrunken Head site:
A small group of native New Yorkers and one Pittsburghian got together in early 2002 and decided that New York City did not have a decent Tiki Bar since the demise of Hawaii Kai in Times Square and the destruction of Trader Vic's at the Plaza Hotel by Ivana Trump. They approached their friend and fellow Tiki afficianado/Club Owner Deb Parker (owner of Beauty Bar & Barmacy) about buying Barmacy and transforming it into New York City's own little Tiki oasis. Thus with her blessing and the blessings of all the South Sea Gods, Otto's Shrunken Head opened in the summer of 2002. The goal was to bring the laid back island vibe of the South Pacific to New York City. Manhattan is after all, an island.
Otto's is a new interpretation of the Tiki Bar, mixing traditional Tiki decor and potent rum based concoctions with live bands and DJs resulting in NYC's premier Rock-n-Roll Tiki joint.