Calverton Aviation and Technology

Certilman Balin Adler & Hyman of Hauppauge was hired by RIverhead to represent the town and the Riverhead IDA in the lawsuit filed last month by Calverton Aviation & Technology seeking to enforce its purchase agreement with the town for 1,644 acres of vacant industrial land in Calverton.

Supervisor Tim Hubbard called a special Town Board work session behind closed doors Monday to interview law firms for the job of representing the town in what may be the most consequential litigation it has ever faced.

Supervisor Tim Hubbard said the town will not settle with Calverton Aviation & Technology or renegotiate a contract with the Triple five affiliate. "That was a bad deal from day one," he said at a civic meeting Saturday.

Calverton Aviation & Technology has filed a lawsuit against Riverhead Town in an attempt to reverse the cancelation of the $40 million sale of town-owned land at the Calverton Enterprise Park to the company.

Calverton Aviation and Technology has reached out to Riverhead officials in an effort to move forward with the purchase of vacant industrial land at the Calverton Enterprise Park, despite the Town Board declaring the contract “null and void,” the company said in a statement.

'CAT Triple Five has the legal right to develop this property,' a company spokesperson said, calling it 'tragic' that the town has 'diverted' the future of Calverton 'to the court house for what will likely be years to come.'

The Riverhead Town Board wasted no time acting to cancel the town's contract with Calverton Aviation & Technology following the Riverhead Industrial Development Agency's decision Monday night to deny CAT's application for financial assistance to develop the Calverton Enterprise Park

The Riverhead Town Board will take up a resolution today to cancel the town’s contract to sell more than 1,600 acres of land at the Calverton Enterprise Park for $40 million to Calverton Aviation & Technology.

They had come bearing paper signs to convey their message the IDA board, not knowing what the outcome would be. By the time the IDA meeting was over Monday night, jubilant residents celebrated what many saw as a hard-fought victory.

The Riverhead IDA Monday night denied Calverton Aviation & Technology’s application for financial assistance to develop the Calverton Enterprise Park site.