Venesina Family Sells Iconic Sag Harbor Restaurant Conca D'Oro To Owners Of LT Burger

An iconic restaurant in Sag Harbor will be switching owners before the new year.

The Venesina family has sold Conca D’Oro—the pizza parlor and Italian restaurant that has been a Main Street staple since the mid-1970s—to Michael Cinque and Laurent Tourondel, who also own LT Burger on the other side of Main Street. Mr. Tourondel owns many restaurants around the world, while Mr. Cinque also owns Amagansett Wine and Spirits.

Frankie Venesina, who owns Conca D’Oro with his parents, Tony and Lina Venesina, confirmed the sale earlier this week but did not disclose the terms of the deal. Conca D’Oro opened in December 1975 after the elder Mr. Venesina and his wife relocated to the area from their native Sicily. For more than 40 years, the restaurant was the town’s go-to place for pizza and traditional Italian food.

Conca D’Oro is one of several East End restaurants—including La Parmigiana in Southampton, Edgewater in Hampton Bays, and Baby Moon in Westhampton Beach—owned and operated by the same family. John Venesina, the older son of Tony and Lina, owns and operates Edgewater in Hampton Bays, and La Parmigiana, in Southampton Village, was founded by Celestino Gambino, the brother of Lina Venesina.

The younger Mr. Venesina has been in charge of the day-to-day operation of the restaurant for several years, and said that while saying goodbye is bittersweet, he’s happy with the deal that was made.

“It’s been great to be such a big part of the Sag Harbor community for so many years, and we’ve always valued our loyal customers,” he said. “But it was time.”

Mr. Venesina said he expects the new owners to take over in January.

Both Mr. Venesina and Mr. Cinque said they were happy with the deal, and Mr. Cinque expressed deep admiration for the Venesina family, saying Frankie would have a job there “for as long as he wanted one,” adding he intended to have Lina Venesina cut the tape for the grand opening.

He said that he wanted to keep the down-to-earth vibe intact as well, and said the restaurant would keep its name.

As for its menu, Mr. Cinque said, “It will be like LT Burger, but with pizza.”