Calverton Aviation and Technology

A fundamental split dividing the Riverhead Town Board along party lines broke wide open in full public view this morning: How much financial disclosure should be required of the company that wants to buy and develop the Calverton Enterprise Park?

The councilwoman said in an interview Tuesday afternoon she has not decided whether she will abide by any ethics board’s recommendation that she recuse herself from voting on the "qualified and eligible sponsor" application by a company she met privately with during a pending hearing.

Triple Five chairman Nader Ghermezien keeps telling us he’s doing us a big favor by coming here. What's really the substance of the company's vaguely stated plans?

What does the contract say about what the buyer has to do with the property after the $40 million deal closes? What guarantee does the town get about the buyer's performance? The answers to these two simple questions should shock you. Column by Greg Blass.

Discussion grew heated as board members debated whether Triple Five's financial disclosures in the Q&E hearing are sufficient. "It seems like we're dealing with a very political battle," Triple Five representative Stuart Bienenstock observed after the meeting.

A Triple Five subsidiary is in contract to buy Dowling College’s Brookhaven Campus in Shirley, adjacent to Brookhaven Calabro Airport for $14 million in cash and is set to close within 45 days of a bankruptcy court approval, which may come as soon as June 4.

The complaint says the councilwoman’s “private meeting” with the prospective purchasers impairs her ability to act impartially in the application. Giglio vehemently denies any wrongdoing in taking the meeting, which she says was simply exercising "due diligence" in reviewing the proposal.

Column: Councilwoman Jodi Giglio's 'poor choice' to conduct a private meeting with developers in a proposed massive land deal can't be undone and warrants her recusal from further deliberations and vote.

Opinion: Greg Blass calls on the Riverhead Town Board to reject Calverton Aviation & Technology as the "qualified and eligible" process concludes this week with the April 6 deadline for written comments on the proposal.

Riverhead Town today posted online numerous documents submitted by attorneys for Triple Five Realty/Calverton Aviation and Technology.