At least he has his bags of money...

My condolences to my favorite shiny headed chef, Tom Colicchio, who lost his one star Michelin rating for his New York City restaurant, Craft.



The 2002 James Beard Award winner for best new restaurant nationwide was one of four restaurants to lose its one star status.

Maintaining their status from last year, Jean Georges, Le Bernardin, and Per Se were all awarded three stars, the highest level in the Michelin ratings.

To see the press release on the 2008 Michelin ratings, click here.