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Same Address, New Owner: Ridgefield's Restaurant Turnover, Explained

On July 30, First Selectman Rudy Marconi stood outside 955 Ethan Allen Highway with a pair of ceremonial scissors, flanked by Riko's Pizza's leadership team and a face-painting station set up for the kids. It was a ribbon-cutting for a pizza restaurant, the kind of small-town civic moment that barely makes the news outside a chamber of commerce newsletter. But the address mattered more than the pizza. That building used to be John's Best Pizza. Before that, it was just another commercial lot on the Route 7 corridor. Now it's Riko's seventh Connecticut location, the culmination of a $1.5 million property purchase and months of buildout.

It's also the third time in about two years that a well-known Ridgefield restaurant address has changed hands. R House, on West Lane, used to be the Benjamin. TerraSole, tucked off Main Street on Big Shop Lane, changed ownership in 2024 while fighting the town over its own patio. Three different corners of Ridgefield, three different reasons for turnover, and if you only track the headlines, it looks like the town's dining scene is in flux. It isn't. What the pattern actually shows is that Ridgefield's restaurant reputation is strong enough to survive ownership drama and attract outside investment at the same time. The properties are more volatile than the demand that fills them.

The pizza chain making a calculated bet

Riko's isn't a local operator taking a leap of faith. It's a tavern-style pizza franchise with locations already running in Darien, Fairfield, Norwalk, Westport, and two spots in Stamford. When the company's leadership announced plans for Ridgefield back in March, president and CEO Carl Bachmann praised the town's "fantastic dining scene" and "strong sense of local pride," language that reads like standard press-release boilerplate until you notice what it actually signals. A company expanding along the East Coast doesn't pick a town on sentiment. It picks a town because the foot traffic and income data already justify a 3,000-square-foot buildout with a private dining room and a dedicated takeout counter.

The site itself tells the same story. The property at 955 Ethan Allen Highway sold for $1.5 million in early May to an entity controlled by Luigi Cardillo and Robert Furnari, and Riko's opened less than three months later. That's not a slow, cautious rollout. That's a company that had already done its homework on Ridgefield before it ever put a shovel in the ground.

The steakhouse that changed families, not concepts

R House tells a different kind of story. The building at 20 West Lane, an 8,000-square-foot two-story property with a separate 4,110-square-foot event space, had operated as the Benjamin Restaurant & Bar since 2023. Last November, the property sold for $3.05 million to Rexhep "Reggie" Krasniqi, a New York restaurateur, and his wife Alma. The previous ownership group, Rob Moss, Dave Studwell, and BJ Lawless of Norwalk, handed off a business they'd built, and the new owners renamed it R House and brought in an in-house butcher to prime-age steaks on site.

This wasn't a distressed sale or a zoning fight. It was a straightforward transaction between operators, the kind that happens in fine dining when one group is ready to exit and another sees an opening. The Krasniqis told the local press they hadn't moved their kids to Ridgefield yet but were preparing to make the town their home. That's a personal bet on the town, not a corporate one, and it's a different risk profile than a franchise adding a seventh location to an existing map.

The restaurant that got tangled in its own permits

TerraSole is the most interesting case, because the ownership change had almost nothing to do with the food. Pietro Polini opened the restaurant on Big Shop Lane in 2009 and built it into one of Ridgefield's better-known Italian dining rooms. But in the year before the sale, the town's Planning and Zoning Commission issued cease and desist orders over outdoor dining structures that had gone up without proper approval. Polini's application for an after-the-fact permit revision was denied, he appealed to state Superior Court, then withdrew the appeal. By mid-2024, he sold the business to his own manager, Scott Yandrasevich, and moved to Miami to start over.

What makes this notable isn't the drama. It's what happened next. Yandrasevich kept the name, the staff, and the menu, and told the local paper flatly that nothing was changing. Two years later, TerraSole picked up three wins in CT Magazine's 2026 Fairfield County Best Restaurants list: Best Fine Dining, Best Seafood, and Best Wine Selection. A restaurant that lost its founding owner to a zoning dispute is now one of the most decorated dining rooms in the county. The turnover wasn't a symptom of declining demand. It was a permitting problem that forced a sale, and the demand never blinked.

Here's how the three shake out side by side:

Restaurant Address What changed Why
R House 20 West Lane Sold Nov. 2025 for $3.05M, renamed from the Benjamin, new in-house butcher program Founding operators exited, new owner bought in
TerraSole 3 Big Shop Lane Sold in 2024 to the restaurant's own manager, kept name and staff Zoning dispute over outdoor dining structures forced founder's exit
Riko's Pizza 955 Ethan Allen Highway New location opened July 30, 2026 on former John's Best Pizza site Franchise expansion into an existing dining market

What this actually means if you eat in Ridgefield

None of this changes where the good tables are. R House still runs a 200-seat dining room with four separate spaces, still does Sunday hours starting at 11:30 a.m., and still leans on the same fireplace-and-candlelight formula that made the Benjamin a date-night standard. TerraSole still updates its wine list daily and still pulls produce from local farms, the same practice that's been part of its identity since 2009. Riko's is the newest entry, built around thin-crust bar pies and a patio that puts it in more casual, family-friendly territory than either of the other two.

What's changed is the ownership behind the tables, and that's worth understanding if you've lived here long enough to remember any of these spots under their old names. A restaurant switching hands in Ridgefield doesn't usually mean the concept failed. In two of these three cases, the switch happened because of something entirely separate from the food: a permitting fight, a personal decision to sell. The third case, Riko's, is the one pure growth story, and it's telling that a chain looked at Ridgefield's existing restaurant density and decided there was still room.

That's a useful thing to know about a town before you assume its dining scene is either booming or churning. Ridgefield's is doing both at once, for different reasons, at three different addresses that happen to sit on three different sides of town.

If you're weighing a move to Ridgefield and want the kind of on-the-ground read that doesn't show up in a listing description, Gregg Leonard has spent years working this market street by street. Let's Connect.

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Gregg is a full-service resource who works within all property and transaction types throughout Newtown & Fairfield County. He is adept at understanding clients' unique requirements and is prompt in determining the best course of action to fulfill them.

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