Hemingways: From four-star restaurant to the auction blockJosh O’Gorman / STAFF PHOTO
A sign outside the former Hemingway’s restaurant on Route 4 announces that the building will be up for auction May 17 at 11 a.m.
KILLINGTON — Long considered the Rutland and Killington area’s most upscale restaurant, the former Hemingway’s restaurant on Route 4 is going under the auctioneer’s gavel.
The foreclosure auction is scheduled for May 17 at 11 a.m.
The auctioneer is Thomas Hirchak Company.
“This 1860 farmhouse is situated near resort and golfing area, 3,444 square feet of space on 4.5 acres,” according to the auctioneer’s prospectus. The building also features a “stone-walled wine cellar” and two bedrooms.
After nearly 30 years in business, owners Theodore and Linda Fondulas closed the restaurant two years ago.
In February, People’s United Bank, the mortgage holder, was granted a foreclosure judgment by Rutland civil court. The couple owed two loans and interest totaling $295,746, plus court costs and attorney’s fees.
Back taxes totaling $33,813 are also owed the town of Killington, according to the prospectus. The winning bidder on May 17 is required to make a $15,000 deposit.
Hemingway’s, a four-star restaurant, was known for its New American cuisine, with a French and Italian flair. It was also known for its extensive wine collection.
Following the economic collapse of 2008, business at the restaurant had fallen off to the point where the Fondulases decided the best option was to close the business.
“Things were not well and then Irene hit,” Ted Fondulas said.
Not a drop of water touched the dining room and kitchen but the storm washed away the parking lot and flooded the wine cellar, causing considerable damage. He said the cost to repair was prohibitive.
Looking back at the nearly 30 years Hemingway’s was in business, Fondulas said it was quite a notable run.
“We did what we wanted to accomplish, and that was to try to be one of the finer restaurants in the nation and the region,” he said, “and that was our goal and we basically got there.”
One aspect of the business the Fondulases miss are the customers who frequented the restaurant — named after Ernest Hemingway, who had a reputation for his unquenchable thirst for fine cuisine and drink.
“We think we made some people happy and that’s really part of it; you work hard, you make some people happy, and then you move on,” Fondulas said.
Of the property’s future, he said it’s best suited as a restaurant. “I hope somebody buys it and resurrects it.”
The Fondulases have moved on from the restaurant business and are now involved in the farm-to-table business at Newhall Farm in Reading (newhallfarmvt.com/pages/frontpage). The farm produces and sells natural and organic food products.
@rutlandherald.comMORE IN World/National Business
- Most Popular
- Most Emailed
- MEDIA GALLERY