Duranti's Restaurant in the Park Plaza condominiums in Oakland will close at 9 p.m. Friday.

An investor working to acquire the space plans to lease it to the University of Pittsburgh. The university's Office of Institutional Advancement signed a 10-year lease, starting in May, at an initial cost of $492,678 to occupy 20,965 square fee in the building.

Theodora Duranti, the restaurant owner, declined to identify the investor but said she hopes to reopen Duranti's at a new location.

Duranti's has been in the building at 128 N. Craig St., since 1979. A Stouffer's restaurant was there previously.

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