June 2024
Welcome to the inaugural issue of Sidework from August Point Advisors.
Once a month, this newsletter will present thoughts, people and stories related to the work we do in the restaurant and wider food world—wise words from operators and founders, random musings on pans and dish stations, news clips from the wild world of food and lots more as this effort evolves. In this issue, Christophe Hille from August Point writes about cast iron pans while Allen Katz from New York Distilling Company talks to us about rye grains and whiskey.
Next, a recap about us. We help people plan, budget and manage the complex opening process for new restaurants, bars, breweries and more. We find the best people for new or existing food and beverage businesses. We advise operators on current operations, financial performance and strategic decisions. If you’re in the food and beverage world and could use some help in one of these areas, please reach out.
In the meantime, we hope you enjoy this read and future issues as well.
Warm regards,
Christophe Hille and Jared Lewis
August Point Advisors
Feature
I’ve long had a thing for vintage cast iron pans—their light weight and smooth finish, the way the metal works with heat and foods, the history of companies like Wagner and Griswold, the idea of cooking on a pan that’s over 100 years old. That cast iron generates obsession isn’t news. The subject’s subreddit is an endless parade of arcana about seasoning and “slidey egg” performances. It’s almost as though cooking food isn’t the point.
My peak impulse buy was a gorgeous Sidney waffle maker that cost me around $200. I thought I was going to cook up tons of frontier-chic waffles over open flame for my kids. We never really made it to that part of the plan—these pans were not intended for use on top of standard apartment stoves. I decided last winter that it was time to let the Sidney go. Instagram led me to Orphaned Iron, a vintage cast iron dealer in Ohio run by Matthew Bright.
Matthew buys old cast iron pots and pans by the truckload at auctions and restores them into beautiful condition. The guy is a cast iron savant. I messaged him to ask if he’d be interested in making a trade: my Sidney waffle iron for a #5 Favorite Piqua Ware pan in his shop that caught my eye. A theoretically valuable waffle maker that spent years collecting dust in exchange for a handsome, simple skillet that I could use daily.
Matthew took me up on the proposal. He provided his shipping address and I sent my waffle maker off to Ohio on nothing more than an online handshake. Ten days later, I received a package from Matthew containing the #5 skillet plus a bonus #3 skillet, both practical additions to my collection. The uncertainty of the exchange had been mildly thrilling and more rewarding than I’d expected—an online trust-fall to start the year.
The idea of trust gets bandied about in a grandiose, capital-T way in business. The old saw is that trust is hard-earned and easily lost. It’s a Very Big Deal. You have it or you don’t. I think that’s over-baked and one-sided—too much noun and not enough verb. Here’s my lower-case-t take on trust. Trust offered usually yields the same in return. It’s scaleable to the size of the risk and the needs of the moment. It generates surplus value because expectations are often exceeded. But it’s a muscle that we need to exercise, sometimes by taking a flyer on a man with a pan.
Now…there are these hand-cut cast iron spatulas made from busted pans. I need to get some, right?
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Q&A
Allen Katz is one of the nation’s leading experts on distilled spirits and cocktails and a partner at New York Distilling Co (NYDC). In 2023, August Point worked with NYDC to open their new distillery and tasting room in Bushwick, Brooklyn.
In 2017 you were part of the group of New York State distillers who created the “Empire Rye” designation. What motivated that effort and what are you aiming to achieve with it?
Rye whiskey has a great American story we’re interested in promoting, and there's a significant audience that's less familiar with it. Growing rye grain in New York, particularly northern New York, is of compelling interest because of the wonderful climate and soil composition, and it’s an epicenter for cocktail culture. We're interested in further regionalizing rye in its unique set of qualities to New York State and New York City.
You’re fond of saying that NYDC’s spirits are “purposefully different.” How does that come through in the bottle?
We are purposely different in our creativity, in our outlook, in the grains that we use, but not so esoteric. This Horton variety is unlike any rye we have ever worked with. It's a very different profile that gives flavors trending toward tropical notes—a different type of caramelized sugar than most would be used to in American rye or bourbon. Further tropical notes take the course of things like candied mango, or acidic qualities of fresh pineapple, even a bit of papaya.
Your latest product, Jaywalk Heirloom Rye, uses a rye varietal that hasn’t been commercially grown since the 19th century. How did you land on using this grain?
We were looking for something that had origins in New York State by historic record. We worked in collaboration with our farmer and the College of Agriculture at Cornell University. Their effort pointed toward the discovery. Jaywalk features a unique heirloom variety of rye with origins dating back to 17th century Rye, a New York City suburb.
What qualities do you look for in a good rye whiskey?
It's one word. Flavor. Our passion for food, for rye whiskey, for beer, for cider, for wine, for a hamburger—is [about] flavor. Why else exist?
What advice do you have for someone considering opening a distillery, whether in NYC or elsewhere?
You’ve gotta have some good guts, patience, and funding. Talk to other distillers. It's a very sharing community. And it's a unique business that has its own set of rules and regulations from a production and safety standpoint. You've got to be engaged and willing to derive pleasure from learning, committed to enjoying the process.
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Shift Notes
Fast-casual spot grapples with the climate neutral beef conundrum.
Award-winning food and agriculture publication is resurrected by a climate news site.
The bizarro world of tradwife bread baking.
Big taco is coming to a city near you.
The future of pizza box recycling.
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Welcome to Sidework, August Point’s newsletter. Each month we endeavor to bring you something heady, something bready and a few interesting tidbits from our work at the intersection of strategy, project management and talent recruitment.
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