As I try to think up of a good way to review this place, I always seem to get tangled up in what I want to say. I put this place in a class with Ruth's Chris; expensive meals, good meals, but not necessarily the best value.
I have gone to Hy's only a handful of times for lunch. Inside the building is a lounge area and a seating area. The seating area is usually full of 'suits'; guys who look like all they do is talk about business and what stocks they've traded today. The allure of an expensive restaurant draws these types of people in.
The restaurant area itself has very high ceilings and very old furniture. The furniture itself is very worn in, so depending your preference, the booth style seats may compress so that you feel you are a kid at the table. It is a very quiet atmosphere that adds a touch of elegance.
I have felt that the service staff treats you as you should for the price you are paying. For lunch I usually get a steak and have always found it to be very good. The other member usually in my party always gets the appetizer spare ribs as their meal. These spare ribs are huge and very delicious. A crispy outer meat that is not dried out after you bite into it. Nicely salted, I will admit it is good, but I enjoy steak a bit more.
P.S. Try the garlic bread since other reviewers say its phenomenal.