My gf and I celebrated another year and I opted for steaks. We would've liked to continue on with Morton's but they are no more so the quest for the next best thing brought us here.
The restaurant was a little hard to find on the street, easily blending in with the surrounding buildings. Inside, very much what you'd expect a classic steakhouse to look like: dark, lots of woodworking and pictures of what seemed like 1800 American dignitaries.
We came in with no expectations, but the food spoke to us immensely. Our rib steak and porterhouse really hit the mark in flavour and prepardness, especially the rib. It is not quite as good as Morton's but only just slightly. Our gorgonzola mac and cheese, spinach and fried mushrooms were the perfect accompaniment and between the available choices of potato with your steak go with the double baked potato - my gf raved about it which made my o'brien's potatoes (fried potato cubes with far too many pieces of bell peppers) look foolish. The cheese toast starter, albeit fantastic in it's own right, really was how we make our cheese toast at home anyways.
The service is a cross between casual and formal, easily distinguishable from your typical restaurant but without the pretension.
Though we felt that Morton's offered a better steak as an overall meal it would be difficult to discern between the two. Hy's is a definite recommend for the steak aficionado.