KILLINGTON, Vt. (AP) - A former restaurant once considered the Killington area's most upscale eatery has a new owner.
Hemingway's Restaurant was sold at a foreclosure auction Friday for $55,000 to an undisclosed buyer.
The Rutland Herald (http://bit.ly/16HOOgK ) reported that auctioneer Thomas Hirchak began the bidding at $200,000, with four bidders present and a fifth on the phone.
But the opening bid eventually came in at just $25,000 before the price went up to the winning price of $55,000.
Hemingway's, a four-star restaurant named after writer Ernest Hemingway, was known for its new American cuisine with a French and Italian flair, and its extensive wine collection.