economic challenges

Tom Colicchio's Final Service

a month ago

Tom Colicchio closes his iconic NYC restaurant Craft after 25 years, citing economic pressures like high rents, labor costs, and declining revenue.
Craft was known for its emphasis on quality ingredients, patient cooking techniques (e.g., multi-day braised short ribs), and family-style dining inspired by Colicchio's childhood.
The closure reflects broader challenges in the restaurant industry, with many establishments operating at a loss and changing consumer preferences affecting demand for high-end cuisine.
Colicchio's legacy includes mentoring numerous chefs who went on to successful careers, and Craft's influence on American culinary culture through its focus on craft and essential flavors.