I live a half block away and can say that this is definitely a welcome addition to the neighborhood. All the bars around are divey pubs which are great, but it is good to have a slightly classier bar option in the area.
What?s cool about Exchange is that its prices for drinks and bar food are based on a ?stock market? mentality, meaning that prices at the bar will be based on demand. The prices are scrolled across a digital banner across the back wall of the bar, with impromptu announcements of a ?reverse market? designed to work in the crowd?s drinking favor. For example, everyone could band together to order a ?round? of the same item, and it would be cheaper for all as a result.
While I like the idea, that doesn't mean it necessarily translates into any great deals. When I was there Bud Lights were going for $5, Blue Moons for $6 and Stolis for $7, which are just regular prices. Of course that could change if everyone orders together strategically or if the market ""crashes,"" but it does make me nervous to order say, 5 Bud Lights, only to find out come tab-time that I?ve paid between $4-$8 for each. I?m sorry, but I?m cheap, and I think I feel more comfortable with a set price. However, I?m also a gambler, so this does intrigue me. Anyway, it's worth checking out.
Pros: ""stock market"" gimmick
Cons: the gimmick of course means it has unreliable prices