A friend and I ate here on a Thursday, from 7:15-8:45p. Our meal was a casual affair, but I think it's worth noting (and a positive) that Rye feels fairly versitlie on the casual-to-upscale spectrum. Rye's strongest selling point is the food--both the meat and cheese plates were slighly better than expected, but probablly should have been a few $ cheaper. If ordering apps and sides, I would recommend the 'small plate' section of the menu as portions are adequate, and largly in line with what is standard at nicer restaurants. I believe the menu here changes frequently, but the Panzanella was great (as were the fries and grean bean side dishes).
I found the drink menu somewhat dissapointing relative to the food. I had one cocktail (Kansas City Sour--$9) that was OK, but should have been larger and/or stronger. I also had one beer (12 oz local draft--$5), but they only had two beers on tap, and again, not a great valueI thought
The major drawback that could keep me from returning to Rye on certain occasions is the location/building. The main dining room has an old warehouse feel, and while this is somewhat en vogue at the moment, the room is loud. Compounding the problem, the restaurant is also not very big, and the tables are close together. Finally, despite being in the upcoming 'NuLu' district, neighborhood is not likely to be a draw here. There are few fellow establishments in immedate proximity, and compared to areas like portions of Main St or Bardstown Rd, the immedaite blocks are fairly run down (i.e. a lot with a razor wire fence next door).
Rye is a must-eat for foodies in Louisville, and at a total check of ~$60 (per person with tax/tip/drinks), I would rate a '5' if not for a couple of moderate issues.
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