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Aug 7, 2017 7:09 PMPublication: The Southampton Press

La Parmigiana Restaurant In Southampton Village Listed For Sale, Considering A New Location

The outside of La Parmigiana on Main Street, Southampton. DANA SHAW
Aug 9, 2017 10:41 AM

In 1972, Celestino Gambino left Palmero, Italy, seven children in hand, in pursuit of the gleaming American Dream. Speaking minimal English and without any culinary experience, he began working at his brother’s restaurant, Baby Moon in Westhampton Beach.

Two years later, in 1974, he opened his own family-style Italian restaurant on Hampton Road in the heart of Southampton Village, La Parmigiana. Mr. Gambino died in 2010 at the age of 73, but his legacy has survived in his children, who co-own the restaurant.

But that may no longer be the case.

The building and lot that houses La Parmigiana, a staple of Southampton’s downtown for more than four decades, is for sale with an asking price of just under $7 million. The 7,700-square-foot lot, which includes the 5,494-square-foot building, is being sold by Wald Real Estate Associates.

La Parmigiana’s owners are “testing the waters” and do not have a set date by which they plan to close the village restaurant and move out, said Matthew Nesi, a salesperson for Wald Real Estate.

“But we’re real sellers, and if someone came in and gave us the offer we wanted, there would be a deal to have,” he added, noting that the owners were looking “for a lifestyle change.” He denied that economic burden played a part in the decision to sell.

While there are no immediate plans for relocation, “the main goal right now is to continue running the restaurant elsewhere,” Mr. Nesi said. “While the iconic restaurant is being listed for sale, the family is not saying goodbye to the Hamptons.”

La Parmigiana will continue to operate under normal business hours while listed for sale.

The building is best suited for restaurant use, and any new tenants would “more than likely continue to use the space as a restaurant,” Mr. Nesi said.

La Parmagiana is the second mainstay Hamptons pizza shop operated under the same family umbrella to enter the market this summer.

Conca D’Oro, the Italian restaurant located on Sag Harbor’s Main Street, was sold in July to the owner of LT Burger. It was owned by Frankie Venesina and his parents, Tony and Lina Venesina; Ms. Venesina is the sister of Mr. Gambino.

And, like La Parmigiana, Conca D’Oro remained at the same location since the 1970s.

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Oh, no! First Barristers now La Parm. I hate change!
By metsfan2 (126), southampton on Aug 7, 17 8:21 PM
1 member liked this comment
Their sister restaurant in Sag Harbor, Conca D'oro just sold! Sad��
By beachbag50 (17), East Hampton on Aug 7, 17 8:42 PM
Nothing lasts forever. Except maybe empty space...
By Mr. Z (9513), North Sea on Aug 7, 17 8:45 PM
The end of an era!
By metsfan2 (126), southampton on Aug 7, 17 8:52 PM
I'm guessing the family just wants to retire from the restaurant business. Good for them. They've worked hard and have earned it.

That said, with that asking price I don't see any way another similar restaurant takes their place. I'd think $7 million is a big hole to dig out of in the restaurant business. Let's just hope that someone is able to keep it something close to what it is now instead of some overpriced place looking to become the new "in" place for the summer crowd.
By itsamazing (207), Southampton on Aug 7, 17 9:11 PM
I agree. Barristers sat unrented for 2 years and that was on mainstreet.
By lursagirl (159), southampton on Aug 7, 17 9:17 PM
I'm guessing the family just wants to retire from the restaurant business. Good for them. They've worked hard and have earned it.

That said, with that asking price I don't see any way another similar restaurant takes their place. I'd think $7 million is a big hole to dig out of in the restaurant business. Let's just hope that someone is able to keep it something close to what it is now instead of some overpriced place looking to become the new "in" place for the summer crowd.
By itsamazing (207), Southampton on Aug 7, 17 9:11 PM
1 member liked this comment
Lots of siblings involved who want a cut of that pizza pie.

The Village needs to press the County to make the process for obtaining a wet use easier for landlords and restauranteurs to navigate. Retail is unfortunately a dying industry. Hence, all of the empty storefronts this year and bagless window shoppers. Time to realize that more dining options will increase competition, create more jobs for young people, and create a bearable nightlife!
By Mouthampton (354), Southampton on Aug 7, 17 10:40 PM
1 member liked this comment
How can someone possibly screw up selling $.80 of pasta for $22 when they owned the building? That should pay for the dozen Range Rovers and Mercedes.
By even flow (519), East Hampton on Aug 8, 17 7:01 AM
No one said they were broke.

The article is a little unclear. Is Rudy and family selling the real estate, or the business and real estate?
By Draggerman (685), Southampton on Aug 8, 17 7:09 AM
"The 7,700-square-foot building is being sold by Wald Real Estate Associates. ".
By even flow (519), East Hampton on Aug 8, 17 7:58 AM
Nooooooooooooooooooooooooooooooooo!!!
By johnj (693), Westhampton on Aug 8, 17 9:56 AM
I loved that restaurant and the family for decades. But I knew something was up when all of sudden, you would get a single Baked Ziti with a side of meatballs, spend almost $35 for it and not even get a slice of Italian bread thrown in on the side. A diners'"value" here got very, very low.
By elliot (238), sag harbor on Aug 8, 17 12:33 PM
$25 pizza???
By knitter (894), Southampton on Aug 8, 17 7:33 PM
Recently the food has been awful and I recently found out most of it is not made to order and the salads are pre-dished sitting coming out with brown edges and refridge burn.. Also, their has been a host lady I recently noticed who is unfriendly and always seems irritated that she is there.

We wrote the place off even though my kids love a rant pizzeria style Italian meal.
By Summer Resident (209), Southampton N.Y. on Aug 9, 17 12:12 PM
2 members liked this comment
sorry, rant was siri... not intended
By Summer Resident (209), Southampton N.Y. on Aug 9, 17 12:13 PM
I heard on the grapevine that they may be coming to the diner in HB.i suggest they keep the menus and lower the prices.Just saying
By watchdog1 (405), Southampton on Aug 9, 17 5:14 PM
1 member liked this comment
Maybe they bought the Hampton Bays Diner and are going to make a pizza / pasta restaurant! Wouldn't that be fantastic!
By C-Hill (5), Hampton Bays on Aug 10, 17 2:01 PM
1 member liked this comment
From your lips to God's ears!! :)
By Tay (28), Hampton Bays on Aug 17, 17 12:14 PM
The Gambino Family has worked their asses of for ever. They are amazing kind and perhaps tired. No one has the right to question their decision to enjoy life while they still can.
By Jule AnnO'Brien (1), on Aug 10, 17 5:59 PM
Always liked their pizza. Especially the long, horizontally cut pepperoni slices,
Of course it was a little pricey, but worth it to have an exceptional slice. Hope the family enjoys "retirement"? Would be great to see something take over the empty HB Diner building. Will miss La Parmigiana.
By J Feces (12), Hampton bays on Aug 19, 17 6:39 AM
Harbor Hot Tubs, Holiday Special