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Triple Five

Runway rent, false alarm fees, taxes: Luminati Aerospace owes Riverhead Town more than $60,000, records show

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Luminati Aerospace owes the Town of Riverhead tens of thousands of dollars in past-due runway rent, false alarm fees and real property taxes, according to Riverhead Town records.

Public hearing set on EPCAL subdivision

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The proposed eight-lot subdivision of the town’s vacant land within the Calverton Enterprise Park will be the subject of a public hearing before the Riverhead Planning Board on May 2.

Question of developable land at EPCAL remains unanswered: lawyer

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Riverhead is selling 1,643 acres of vacant land to a Triple Five affiliate for $40 million. How much can actually be built on won’t be known until long after the deal closes, the town’s legal counsel told the town board Thursday.

Former town official is now representing Triple Five in EPCAL deal

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Former Riverhead councilman and deputy supervisor Chris Kent — the ex-husband of Councilwoman Catherine Kent — has been retained by Triple Five, the company in contract to buy more than 1,600 acres of vacant land at the Calverton Enterprise Park.

Jens-Smith: Triple Five replaces director of business development on EPCAL deal

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Supervisor Laura Jens-Smith said she asked the company to replace Bienenstock after RiverheadLOCAL’s report on a New Jersey court ruling that found Bienenstock ‘intentionally defrauded’ the buyer in a real estate deal.

Court: Triple Five executive ‘intentionally defrauded’ buyer in N.J. real estate deal

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Triple Five's director of business development Stuart Bienenstock provided a forged mortgage satisfaction document at a real estate closing, according to a N.J. court, which entered a $1.3 million judgment lodged against him in 2016. The trial court's decision was upheld last month by a New Jersey appellate court panel.

EPCAL buyer extends contract ‘due diligence’ period for 90 days

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The buyer's obligation to close on the $40 million deal isn't firm until its 'due diligence' opportunity is ended.

Riverhead green-lights Triple Five land deal at EPCAL

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A divided town board voted to proceed with the sale of approximately 1,643 acres of vacant land within the Calverton Enterprise Park to a company controlled by Canadian-based developer Triple Five Worldwide.

Triple Five closes on Dowling College site, while Calverton sale remains stalled

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A Triple Five affiliate closed on the purchase of the 105-acre Dowling College campus in Shirley Sept. 21. A vote on the proposed sale of the 1,643-acre Calverton site remains stalled as town board members continue to wait for a decision by the town ethics board on whether one member has a potential conflict of interest requiring recusal.

Board accepts additional documents into hearing record on Triple Five; Calverton decision looms — or does it?

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It's still unknown whether a board majority will find the latest submission by Triple Five adequate for making a decision on the sale of Riverhead's remaining vacant acreage at the Calverton Enterprise Park — even as the board continues to wait for some word from the Riverhead ethics board on the complaint about Councilwoman Jodi Giglio's private meeting with the applicant.
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