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Three Stars for EMP!

loratliff Oct 4, 2011 01:09 PM

Didn't see another thread on it yet, but it's official: three Michelin stars for Eleven Madison Park.

A big congrats to everyone on the team there. Very, very well-deserved!


Eleven Madison Park
11 Madison Ave., New York, NY 10010

  1. Cheeryvisage Oct 13, 2011 10:14 AM

    Here's an interesting interview on Ryan Sutton's Bad Deal blog with Will Guidara about EMP's pricing.


    7 Replies
    1. re: Cheeryvisage
      Spiritchaser Oct 13, 2011 10:25 AM

      Great piece, thanks for linking to it.

      1. re: Cheeryvisage
        Winterpool Oct 13, 2011 12:21 PM

        I love Ryan Sutton's work and am delighted he's been helping us learn more about the finances of New York dining. I wish Sutton and Guidara had been able to discuss the financial implications of the EMP sale, which I suspect will be more decisive for future pricing than the restaurant's promotion to three Michelin stars.

        'Is Eleven Madison Park Profitable? Yes.'

        So Meyer's Shake Shack business wasn't subsidising EMP, though its profits may have helped Meyer tolerate very thin margins at EMP.

        Eleven Madison Park
        11 Madison Ave., New York, NY 10010

        1. re: Winterpool
          Spiritchaser Oct 13, 2011 12:37 PM

          I am not basing this on any info but I never, like some have posed, thought EMP was operating at a loss and being proped up by other businesses. I do think, again, not basing on any info other than gut, like you said, they probably operate with a thin profit line.

          1. re: Winterpool
            Nancy S. Oct 13, 2011 12:40 PM

            Profit is relative. Noma is also profitable -- it's annual profit is apparently $10,000.

            1. re: Nancy S.
              uwsister Oct 14, 2011 02:04 AM

              Wow! That's amazing.

              1. re: Nancy S.
                Winterpool Oct 14, 2011 06:13 AM

                Ah, so Noma is profitable (if barely)... Is it true El Bulli never made a profit?

                When Will speaks of 'we' making this or that decision, especially in terms of how to make EMP luxurious yet accessible, I wonder how much of 'we' was Danny Meyer as opposed to Humm and Guidara.

                1. re: Nancy S.
                  foodwhisperer Oct 14, 2011 04:16 PM

                  yep Nancy, profit is whatever you want it to be.

            2. Winterpool Oct 4, 2011 02:19 PM

              Congratulations, Chef Humm, Will Guidara, Danny Meyer [even if he's saying farewell], and everyone else at Eleven Madison Park!

              Eleven Madison Park
              11 Madison Ave., New York, NY 10010

              1. Spiritchaser Oct 4, 2011 01:35 PM

                One more feather in their cap

                1. ellenost Oct 4, 2011 01:11 PM

                  I echo your congratulations to the entire EMP team. Very well deserved!

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