John Catsimatidis

Nearly four months after announcing he was "highly interested" in the Luminati deal at EPCAL, NYC billionaire John Catsimatidis says he's still negotiating with the Calverton aerospace startup. Town officials now say Luminati Aerospace will have until at least month's end to come to terms with the town on a purchase agreement, following a letter of intent signed by both sides in early April.

The billionaire businessman's representative was critical of the town's slow pace and negotiating posture.

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

The billionaire grocery store and petroleum company mogul says he has deep roots and interest in aviation, and is very excited by Luminati’s development plans at the Calverton Enterprise Park.