"To be hip in Chicago has reached the stage of laying out $135 for a single cocktail, or $700 for tea and cognac."
ie., cities like Chicago have such an over burgeoning population problem the only solution is to cater to specific clients according to their available cash. That and a good way to monitor(sting) local drug cartels who are stupid enough to flaunt it.
It's monopoly money -- expense account money -- that typically buys this stuff. A little over $100 for Louie Tres (as it's called) is not unusual. So, this price is not entirely out of line. What's moronic is mixing it with OJ...