Durant's is the old standard among the powerful and political. The best steak in Phoenix, bar none. Yes it is pricey, but it is to be expected. The service is attentive and helpful, and the support staff is always there with refills or to clean the table.
I prefer the New York Strip with baked potato and salad with the house dressing. If you like bread, you'll love the bread that comes with the meal. I usually insist on more than one loaf at the meal-gotta get my money's worth.
The ambience is fantastic and we like to take the opportunity to dress up and live like our grandparents would have if they could have afforded to eat here. As an old friend of mine says, "a great steakhouse with whorehouse wallpaper."