Calverton Aviation & Technology
Triple Five affiliate hoped to have its application for IDA benefits approved by now, but it’s not clear the agency’s vetting...
Calverton Aviation & Technology's attorney said in September his client hoped to gain approval from the IDA by the end of 2022 or early in 2023. Five months later, it's not clear whether the IDA's vetting process has even begun.
Daniel Preston, an owner of company with stake in Calverton land deal with town, dies at 52
Luminati Aerospace owner Daniel Preston, 52, died at his home in Little Falls, New York on Thursday, Jan. 12. Luminati is part owner of a join venture with Triple Five called Calverton Aviation & Technology, which is in a $40 million land deal with the Town of Riverhead.
Riverhead IDA’s law firm, representing companies suing Triple Five affiliate, says company is ‘sham vehicle’ used by principals to dodge liability
Riverhead IDA's own legal counsel in federal court filings accuses Triple Five principals, including two men involved in the Calverton land deal, of using a shell company with no assets and no records to dodge personal liability.
The Planning Board is right. Riverhead must hit the brake on development while comp plan is updated.
The proliferation of massive warehousing and logistics buildings proposed in Calverton alone can forever change our town's landscape. With development, there are no do-overs.
Town approves 14 drag racing events in Calverton next year, subject to pending sale of site
Plans for 14 drag racing events at the Calverton Enterprise Park next year gained special event approvals from the Riverhead Town Board Tuesday night.
EPCAL buyer says it has ‘absolutely no plans’ for air freight ‘cargo terminal’ in Calverton, as Aguiar cautions public against ‘panic’
Calverton Aviation & Technology is walking back its presentation to the Riverhead Industrial Development Agency last month, maintaining that the plans unveiled at the IDA meeting did not depict an air cargo logistics hub at the Calverton Enterprise Park.
Calverton Aviation & Technology IDA benefits application for development at EPCAL site is released
The joint IDA benefits application of Calverton Aviation & Technology and the Riverhead Community Development Agency for the development of the Calverton Enterprise Park has been made public by the Riverhead Industrial Development Agency.
Purchaser in Calverton land deal ‘ready to go’ with application for Riverhead IDA benefits, lawyer says
The clock is ticking as an important deadline looms in the $40 million land deal with a Triple Five affiliate at the Calverton Enterprise Park. The company must have a complete application for benefits filed and accepted by the Riverhead Industrial Development Agency by Sept. 24.
Town board approves transfer of 2,100 acres in Calverton Enterprise Park to Riverhead IDA
The Riverhead Town Board today approved transfer of the town’s land holdings inside the Calverton Enterprise Park to the Riverhead Industrial Development Agency, pursuant to an agreement reached between the town and its contract vendee, Triple Five affiliate Calverton Aviation and Technology.
Aguiar: Town and Triple Five reach agreement on transfer of EPCAL property to Riverhead IDA; public forum set for March 8
Triple Five has agreed to move forward with the town’s proposal to involve the Riverhead Industrial Development Agency in the $40 million EPCAL land deal, Supervisor Yvette Aguiar announced this afternoon.