"Terrace 16 opened Friday morning and replaced Sixteen, which in its heyday was one of the best and most luxurious restaurants in the city, as well as the Terrace at Trump outdoor cocktail bar and small-plates spot. The reasons for a rebrand aren’t clear, but it’s a good bet it’s a blend of reducing prices and the need to freshen things up after Sixteen’s 10-year-run. The prices are much lower at Terrace 16 compared to Sixteen which closed in April inside the 92-story building in River North. The most expensive item is a $52 bone-in ribeye. That’s a contrast with Sixteen which offered a $175 tasting menu. The new menu includes items like a play on Garret Popcorn Shop’s caramel and cheddar cheese Chicago Mix. Terrace 16 uses truffled cheese and salted caramel. There are also oysters, wagyu beef carpaccio, and sweet pea garden toast (Sixteen’s returning chef Nick Dostal’s spin on avocado toast) as appetizers. Main dishes include a $26 cheeseburger, squid ink chitarra (fruits de mer, tomato, espelette), and broiled black cod (cippolini onion, summer squash, scallion sauce). Compared to the old menus, these items are better suited for the 200-seat terrace." - Ashok Selvam