EPCAL

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.

Guest column: The plan proposed by Triple Five for the Calverton Enterprise Park promises the kind of jobs our region needs to sustain its economy into the 21st century.

An Earth Day hike through the undeveloped lands of the Calverton Enterprise Park. Photos and commentary by Christy Hawkins

Downtown Riverhead and the Enterprise Park at Calverton are among the locations recommended by New York State for designation as “opportunity zones” by the U.S. treasury department.

At the April 5 work session, Councilwoman Jodi Giglio reviewed what she said were questions and answers from her March 12 meeting in NYC with representatives of the company that wants to buy the town's land at EPCAL. But the legal pad she read from contained almost no notes made during that meeting, according to documents provided by the town in response to a Freedom of Information Law request.

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.

Financially, Riverhead's back is against the wall. The town needs to sell the former Grumman site — and not just for the sale proceeds.

After coming under fire for meeting privately in New York City with representatives of the company seeking to buy the rest of the town’s vacant land at the Calverton Enterprise Park, Councilwoman Jodi Giglio gave an account of the meeting to the rest of the town board during Thursday’s work session.