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Calverton Aviation and Technology

What’s wrong with this EPCAL deal?

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What are their plans? Grand promises for economic development led by Daniel Preston's Luminati. But Preston has abandoned his operation at EPCAL and fled upstate without paying his bills. And these empty promises for economic development come with no guarantees in the contract.

EPCAL Sale should exclude the vulnerable 1,000 acres

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Isn’t the original deal to sell about 600 acres plenty of land to support job creation?

Town board still undecided on new outside legal counsel for EPCAL land deal

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Board members have not reached a decision on hiring a new outside counsel but have asked Calverton Aviation and Technology to make a presentation at a work session in May. Photo: Denise Civiletti

Town board can’t agree on law firm for EPCAL contract review

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A move by Riverhead Supervisor Laura Jens-Smith to hire a Garden City law firm to advise the town on its position in the Calverton land deal was shot down by the town board’s Republican majority today.

Triple Five says it will pay Luminati’s arrears owed Riverhead Town for taxes, runway use and alarm fees

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Triple Five says its affiliate, Calverton Aviation and Technology is committed to fulfilling its obligations under the contract with Riverhead Town.

Luminati Aerospace CEO says he’s moving his company upstate

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Luminati Aerospace CEO says he'll be “a landowner and investor" at EPCAL, but he's moving his company operations to the City of Little Falls in Herkimer County. What does this mean for EPCAL land deal?

Is EPCAL land deal still viable? Riverhead to seek new legal counsel to review contract

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Riverhead will retain new outside legal counsel to advise the town about its options in the Calverton land deal in light of the legal troubles of Luminati Aerospace, a principal in the deal and the centerpiece of the purchaser’s development plan for the site.

Town board to vote on hiring new law firm on Luminati matters

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The board will vote today to hire an outside law firm to collect outstanding false alarm fees owed to the town by Luminati Aerospace and enforce the town's runway use agreement with Luminati.

What comes next for EPCAL land deal? Town must get these questions answered

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There are a number of troubling questions that the town board should get answered as quickly as possible about the pending sale to Calverton Aviation and Technology.

Planning board tables action on revised EPCAL subdivision

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The board put off for two weeks action on an environmental analysis of a revised subdivision that would create two lots totaling 1,643.8 acres for sale to Calverton Aviation and Technology.
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