Della Femina Sells House Before Fiscal Cliff Fall

"The Independent" newspaper owner sells his East Hampton house for $25 million, and is still blaming President Obama.

Jerry Della Femina, who closed his East Hampton restaurant last year and put his oceanfront East Hampton estate on the market, blaming President Obama and tax hikes, has finally unloaded his house, The New York Post reported.

The advertising executive sold his 8-bedroom, 6-bath house for $25 million — and he's still blaming President Obama for the reason why he's getting out of dodge.

According to The Post, Della Femina said:

“I don’t want my money going to Obama, and that’s what’s going to happen in the New Year. That’s why I sold right now, that’s why I wanted to get this done.”

It was President Obama's election and subsequent tax hikes for the rich that made him sell the restaurant that bore his name for nearly 20 years and the building on North Main Street in East Hampton, Della Femina wrote in his column in The Independent in April 2011. The East Hampton Grill replaced Della Femina's restaurant and remains in the location.

According to The Post, Della Femina isn't the only one intent on closing a multi-million dollar sale before the "fiscal cliff" in the New Year.

Della Femina said that brokers are in the midst of a frenzied sell-off as the fiscal cliff approaches.

Corcoran's Susan Breitenbach was the listing agent. According to the website, the 1.69-acre property was most recently listed for $28. For more pictures and information on the listing, click here

Sophie7 December 22, 2012 at 03:34 PM
FYI, house has been on the market for quite sometime, asking price was almost double what it sold for...and it is NOT President Obama who will cost this country millions. Ridiculous
Beth Meredith December 22, 2012 at 05:20 PM
Maybe he realized that climate change was threatening his ocean front property. Does this mean he won't be around anymore or is he just moving inland?
Laura Otto December 22, 2012 at 08:37 PM
This isn't news! Who cares!
Walter Noller December 23, 2012 at 11:37 AM
Actually, I think the "blame game" is a hoot! Let's see... who else blamed another for inheriting financial woes? Jerry's may not have his house, but he's still got his humor intact.
Evan Rofheart December 23, 2012 at 01:49 PM
Della demon , sick and vile, millionaire who created nothing in his life. Another rich taker.
not a farmer December 23, 2012 at 02:15 PM
ok, Obama is awful. we get it. but dont blame anyone for your actions. you are selling for the money. you cant afford it. you are failing and can not support your pretend lifestyle. its ok to fail. blamers look foolish.
Charlie van der Horst December 23, 2012 at 04:42 PM
As a member of a two physician household, I am officially a one-percenter. But I also work in Africa and so appreciate all the services my government provides including clean water, safe highways, regulated medications, and benefits for our troops. Mr. Della Femina strikes me as a greedy Scrooge. We are well rid of him. Hope he finds a nice gated community someplace far away from us.
pat December 23, 2012 at 08:01 PM
Wow, what a whiner. Does he even think about anybody else? Just an amazing lack of self awareness. Goodbye already.
mjt December 23, 2012 at 11:44 PM
Gail Simons December 24, 2012 at 03:40 AM
Buh bye :-)
Rich Morey December 24, 2012 at 04:07 AM
Good riddance! I hope he takes his ego to another country.
Lady L December 24, 2012 at 07:36 PM
As the wealthy flee to non or low taxing states like Florida, Alaska and North Carolina, the few hangers-on and the middle class will be left to support the non working class. By non working class I mean the disabled, the welfare recipients, not the 1% or even the 5%...because most of them work and pay the high taxes. What is needed is a low flat tax, max 10%, and I do mean on property tax too. The elite will be able to afford to stay in NY, the rest of us will "necessarily" have to flee the 2nd most expensive state in which to live. News to those haters: the economy is going to collapse and when it does, who will have money left to pay these confiscatory property taxes? Is it your goal to only have the very wealthy, privileged class to inhabit the East End? Those of us on low to fixed income cannot continue to pay the high taxes.
Darren Gengarelly Sr. December 24, 2012 at 08:03 PM
not will......HAS
Darren Gengarelly Sr. December 24, 2012 at 08:04 PM
You responded......
Darren Gengarelly Sr. December 24, 2012 at 08:04 PM
And you created?
Darren Gengarelly Sr. December 24, 2012 at 08:06 PM
What makes you believe he has lost revenue?
Darren Gengarelly Sr. December 24, 2012 at 08:08 PM
He is the only person to honestly present news facts on the east end through his free paper. Some greedy HEH? BAH BAH!!!!!!!!!
Darren Gengarelly Sr. December 24, 2012 at 08:09 PM
But leave the real news paper. East hampton star is a joke.
Darren Gengarelly Sr. December 24, 2012 at 08:11 PM
Good luck that would effect Bishop , Cuomo and all your boys. You think Piping Plover Timmy is gonna pay? What a fool.
june December 24, 2012 at 08:30 PM
If everyone sells and moves then maybe I can one day afford to move back : )
Art Lynch December 24, 2012 at 08:37 PM
lookatallthesheep: Thus far, I agree with all your comments. I suppose I could've missed something, but I thought those tax increases are going to affect all of us, not just the millionaires. (I do hope Jerry will continue his column in the Independent, and Indy won't fold without him. We need a break from the Star's neo-lib dominance.
Darren Gengarelly Sr. December 25, 2012 at 02:39 AM
The independent is the only news based source that actually has supported both political parties at times. This year was a fine example of how pathetically ignorant the libs are to their own bs. The star never even mentioned the ethics shortcomings Bishop demonstrated last summer while endorsing him. And they ignore a legitimate source exposing him of nepotism and shady ethics standards. All completely ignored the same as the mess McGintee "left". Typical. BAH BAH And yes we will ALL pay for the shell game being played. Good Luck. MERRY CHRISTMAS!!!!!!!!
Walter Noller December 25, 2012 at 04:02 PM
Once again, the thread detours from the story. Fact is, Jerry is a self made man making his fortune in advertising, newspaper and successful restaurants. He could have just sold his home, but decided to give his reason for doing so. Right, wrong, in aggreement with your views or not, I find it disturbing the vitriol being shown. To say he's done "nothing" is simply moronic... Having started with nothing would be more the truth. But this is not about Jerry, like him or not. It's more about folks who villify on social media much like a child taunting a caged animal. Childish and without manners. After all, you say what you want without retribution, right? Many even hide behind an alias. What a sad reflection on where our society is heading. To the next person who establishes a successful newspaper and using it to voice his/her opinion (tongue in cheek or not), I'll be there to defend your right.. agreed or not. But to read some of the tripe that goes on in Patch I say we need a social readjustment as well as an education system to teach proper English and spelling.
Rick Enlightened December 26, 2012 at 11:46 PM
della femina is so full of hot air and disingenuous beyond imagination. His crying is actually disgusting. For what it is worth, who/what ever made the tax rates put in place by Bush the "right" rates which jerry fullofshit femina suggests in his embarassing NY Post article. And the idea that a few percentage points increase in long term capital gains is the reason he had to sell before year end to protect his kids someday future inheritance is a joke for this loud mouthed buffoon.
Darren Gengarelly Sr. December 27, 2012 at 12:17 AM
The above is typical of the treatrnent people get for having an opinion other than theirs. Jerry is a man of principles and accountability. Anyone who reads his paper knows that. Though you may not agree with him. That does not make him wrong. So Rick what has Jerry done that is so bad as say....backdooring an illegal permit for a friend with a check book. Imagine what you all would be saying if that was Wilky. Double standard sheep. BAH BAH!!!!!!
SadderBudweiser January 05, 2013 at 12:15 AM
First Bensimon and now Jerr? There's hope for this place yet!


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