I love this place! I've spend about 7 months in Toronto this year and Jacob is def one of best restaurants I have visited during my stay!
I went with my parents and two other friends. We were running a bit late for our reservation but the hostess and servers were very patient and friendly. My friends arrived first and they were able to sit at our table while waiting for us.
Now the steaks. I'm a huge fan of steaks and have been to quite a few steakhouses in NYC. I had to say, Jacob offered one of the best steaks I've ever had. Both my mom and I ordered one of the Japanese meat (one was 4oz for $80 and the other was 8oz for $160). I can't remember the names and I don't know why it was not on the menu anymore. I am really bad at names and I regret that I didn't take a picture of the menu. Both cuts had more fat in it than normal steaks, and both were super juicy and tender, cooked to perfection. The 4oz one had a very unique taste and our waiter explained to us that the cattle are growing up eating a special kind of mushroom so it manifested in the taste of the meat. It was heavenly!! Unfortunately now I can't recall the name and I can't find it in other place either.
We ordered some appetizers and sides to share - they were decent. This is steakhouse so my rating was mainly for the steak.
Regarding the price, I don't think it was too bad, we spend about $800+ for 5 people, which is quite reasonable, if you compare it to those fancy restaurants in NYC.