EPCAL

The purchaser in the $40 million land deal with Riverhead Townhas waived its right to terminate the contract of sale with the town for another year, to allow Riverhead time to obtain approvals required to finalize its land subdivision and close the sale. It has also offered to release a $500,000 contract down payment currently being held in escrow.

Calverton Aviation & Technology is ready to close on its $40 million land deal with the Riverhead Town Community Development Agency and move forward with the development of the site, according to the company’s attorney, Christopher Kent.

Calverton Aviation & Technology, the company in contract with the Town of Riverhead to purchase most of its remaining vacant land at the former Grumman site in Calverton, will submit updated financial documents to the town to demonstrate its ability to close the deal and develop the property.

Riverhead Town will release documents submitted to the State Department of Environmental Conservation in connection with the town’s Wild Scenic and Recreational...

The town's special counsel last week submitted documents to the State DEC without town board members having an opportunity to review the submission. Board members say they still have not been given the chance to review what was submitted to the state agency.

We need an open and live discussion by board members with town residents about the EPCAL deal, including of potential termination next month. Any inclination by some board members to move ahead behind windows shaded by our health crisis must be resisted.

The Town of Riverhead has offered a site within the Calverton Enterprise Park for a temporary hospital. The state is looking for sites in each of its downstate counties for additional 1,000-bed temporary hospitals to handle patient overflow at the peak of the COVID outbreak.

Riverhead Town Board members say they want more information about where the town stands with its $40 million sale of 1,644 acres of vacant industrial land in Calverton.

CAT has yet to tell the town what any of its specific intentions for development are. So, how is the town going to answer the DEC’s questions, get the DEC permit and file a final map by its deadline?

ULC Robotics was introduced to the town board in October as a potential tenant in the planned industrial park proposed by Calverton Aviation and Technology.