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by Daniel Wirtheim

Eduardo Gramisci, the owner of the iconic New York Pizza restaurant and bar on Tate Street in Greensboro, confirmed today that he’s selling the longstanding business.

Gramisci plans to “retire and move to the beach,” he said. The restaurant has been operating at the corner of Tate Street and Walker Avenue since 1977. New York Pizza was a vital part of Tate Street’s 1980s music scene and is currently one of the few venues that regularly hosts live music in the city.

It’s unclear when the business will change hands, but Gramisci said that a buyer has already made a deposit. He declined to provide any details about the potential buyer or their plans for the business. The $250,000 selling price includes inventory, according to a listing he posted on bizbuysell.com.

The Kotis family owns 337 Tate Street, where New York Pizza operates.

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