When Alinea in Chicago plays hosts to New York’s Eleven Madison Park in their much anticipated (and very expensive) “21st Century Limited” restaurant swap, dinner will cost $1,316 for two. Of course, when Alinea comes to Eleven Madison Park later this month, dinner for two will cost $1,293. If tickets are $495 per person for both of the dinners, why is Eleven Madison Park at Alinea more expensive?
Because New York has a much lower sales tax rate, of course (8.875% vs. 10.75%). Tickets went on sale about two hours ago and there were a number of tables left as of twenty minutes ago. Is this a BUY HOLD OR SELL? Your call, though we’d prefer to eat at the original Eleven Madison Park in New York for a few dollars less.