A Quick Economy Lesson with Torrisi

In high school economics they teach you about elastic and inelastic demand.  Gas is a prime example of inelastic demand.  So is dinner at Torrisi Italian Specialties.  Regardless of the price, people are going to pay to eat at Torrisi.

The original price of the 4-course tasting menu was $50.  It's now $65.  The 20-course tasting is making a 20% jump, from $125 to $150.

The duo behind Torrisi and Parm, the red-hot Italian outfits on Mulberry Street, are heavily inspired by the city in which they operate.  Another price hike brings the MTA to mind.  The difference at Torrisi??  There's never any train traffic.

Rich Torrisi and Mario Carbone Took Physics

The duo behind Torrisi and Parm fully understand how momentum works.  After two incredible successes in Manhattan's Little Italy, Rich Torrisi and Mario Carbone are looking towards their 3rd lower Manhattan venture. 

Back in November, just around the time Parm was opening, they signed a lease for 181 Thompson Street that once housed the classic Italian fare under the moniker Rocco's Restaurant.  The team faces some negativity for taking over the space that had been Rocco's for 90 years, but like they said in an interview with The New York Observer, "This space was going to be available whether we took it or not."