The Urbana Wine Company was renamed the "Gold Seal Vineyards, Inc." in 1957 and it later was sold to Joseph E. Seagram & Sons in 1979, then to Vintners International in 1987 and in the 1990s to Canandaigua Wine Company which was later renamed Constellation Brands. The winery closed in May 1984 however some brands are still made with the Gold Seal name which is trademarked by Pleasant Valley Wine Company. The buildings and some acreage were sold to Linda & John Giglio in the first decade of the 21st century, and their effort to "restore" the properties began. Many wooden casks were sold and all the large stainless steel tanks used in wine production were removed. The new owners are about to begin a bright new chapter in the restoration of the building, removing several cinder-block additions of more recent years. Hopefully the beauty of the original structure will again be seen, and the winery, which once was the Most Picturesque Winery will again be celebrated in a new incarnation.
