Crain's reports the DelGiudice family, which has owned the iconic eatery since since it opened in 1954, doesn't yet have a closing date, but changes are likely.
"My brothers and I grew up here; it's always been family-run and we'll miss feeding the community," co-owner Michael DelGiudice said in a release. "We've been slowing down naturally for the last few years, and after discussing this internally we believe the timing is right."
The family wants keep a stake in Pasquale's and is seeking leasehold partners who want to redevelop the property or buy it as is.
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