i track consumer prices. i am the nyc food critic for bloomberg news. i am ryan sutton.
Catching Elephant is a theme by Andy Taylor
Del Posto has raised the price of its tasting menu’s wine pairing by $10 to $135 per person — a stealth hike I discovered in early June while researching my Real Cost dining column for Bloomberg. I call it a stealth hike because The Michelin-starred restaurant has still not yet updated its website, so for the past couple of weeks, potential diners have incorrectly been seeing the $125 price point, which matches with the $145 tasting menu. Hey, it’s just another $20 bucks per couple. No big deal, right? Well…
In fact, the $10 hike pushes the REAL COST of dinner for two with pairings just over the $700 mark after tax and 18% tip. Updating a website isn’t optional anymore. And let’s recall that the $145 tasting menu is up $20 from the $125 price point during my critique last fall. So BUY, HOLD OR SELL? I’ll issue a HOLD based on mymixed review, but a lot of smart people dig this place, and New York Times Critic Sam Sifton penned a lovely four-star write up, so many will justifiably consider it a BUY.