Riccelli’s Italian Restaurant has been sold.
Why it matters: The sale marks the end of an iconic local business.
- The new owners do not plan to reopen an eatery on the site, Terry Riccelli, son of the founder, tells Axios.
Catch up fast: Peter Riccelli Sr., the son of Italian immigrants, started the restaurant in 1964.
- It was known for its steak dinners and spaghetti sides, as well as its old-school decor that included linen tablecloths, chandeliers and a 1940s cash register.
- The family closed the restaurant in 2020 during the pandemic.
State of play: The new owners plan to convert the building into a beauty salon, real estate agent Sue Randleman tells Axios.
- The sale is expected to close in the next 90 days.
What they’re saying: The sale is bittersweet, Riccelli says.
- “My brother and I grew up in that restaurant and it was like a home. We hate to see it go,” he says.
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