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EPCAL

Luminati’s history of late payments on runway lease yet another red flag

by Jan 25, 2018
In November 2015, Luminati Aerospace and the Town of Riverhead signed an agreement requiring Luminati to pay annual rent of $40,000 for exclusive rights to the 10,000-foot runway. Here's how that's worked out. Guest opinion column by Larry Simms

Racing fans renew plea for motorsports at Calverton Enterprise Park

by Jan 18, 2018
With the proposed sale of the town’s remaining 1,600-plus acres of land inside the Calverton Enterprise Park put at least temporarily on hold, motorsports enthusiasts see an opening to renew their quest for a drag strip and racing complex at the sprawling Calverton site.

Solar power company makes surprise offer to buy EPCAL site

by Jan 18, 2018
“We are here to bid for the property. We are prepared to pay substantially more money for the property." The largest private solar power generation company in the U.S. says it wants to buy the town's 1,600-plus acres at the Calverton Enterprise Park to build a massive solar facility.

Sage advice from ‘Uncle Riverhead’: Let’s hit the pause button on EPCAL deal

by Jan 15, 2018
An imaginary uncle drops in on the Riverhead Town Board to give board members advice on how not to blow the biggest decision they'll likely ever have to make. Column by Greg Blass

Public hearing on EPCAL land deal to be postponed at supervisor’s insistence

by Jan 11, 2018
The qualified and eligible hearing scheduled for Jan. 17 will be adjourned to a future date to be determined after the supervisor learned of a change in a prospective purchaser's identity.

Town officials met privately with Luminati, Triple Five representatives yesterday to discuss proposed EPCAL deal

by Jan 5, 2018
The private meetings, held without public notice, were held yesterday by the supervisor and town board members at town hall, which was closed by the blizzard.

Civic coalitions to urge ‘lame duck’ town board to delay action on EPCAL sale

by Dec 19, 2017
Civic activists are planning to converge on town hall to protest a town board resolution setting a hearing date on the proposed sale of more than 1,640 acres of land inside the Calverton Enterprise Park.
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Luminati has a new partner: mega-mall developers Ghermezian brothers

by Dec 12, 2017
Luminati Aerospace is now partnering with the developers of the two largest indoor shopping malls in North America to purchase most of Riverhead Town’s remaining land at the Calverton Enterprise Park.

Walter pitches EPCAL plans — and Luminati deal backed by Catsimatidis — to regional business group in Ronkonkoma

by Jul 28, 2017
Supervisor Sean Walter took his EPCAL show on the road today, speaking to a business organization's breakfast meeting in Ronkonkoma this morning.

Riverhead’s real estate broker at EPCAL: ‘Stay the course’ on workforce housing

by Jul 27, 2017
“What you did was really progressive. I don’t know if you really understand how progressive that was,” the town's real estate broker at EPCAL told board members today. But residents continue to press for repeal of the code that allows the construction of rental housing as an accessory use to commercial/industrial development.