01.18.2023 Government Officials: Daniel Preston’s death won’t hurt EPCAL sale What impact, if any, will the death of Daniel Preston have on the proposed sale of 1,644 acres of land at Riverhead Town’s Enterprise Park at Calverton? So far,...
08.01.2019 Government CAT officials outline updated plan, say they’re recruiting firms to EPCAL Calverton Aviation & Technology unveiled some of its plans for the Enterprise Park at Calverton, a site it hopes could someday be recognized as the “Silicon Valley of the...
03.31.2018 Letters Featured Letter: Where’s the transparency on EPCAL land? Riverhead’s current Town Board inherited a reckless giveaway of what’s left of EPCAL for a fraction of fair value to serial fraudster Daniel Preston and his start-up Luminati. After...
03.11.2018 Editorials Editorial: Mr. Preston, the floor is yours There was one phrase Luminati Aerospace attorney Robert Hasday repeated several times during last week’s qualified and eligible sponsor hearing: “Things happen.” Why did Luminati’s past business relationships fall...
02.28.2018 Government Luminati founder a no-show at Riverhead hearing on EPCAL buy While Luminati Aerospace founder Daniel Preston was a no-show at Tuesday’s qualified and eligible sponsor hearing on Calverton Aviation and Technology’s $40 million offer to buy more than 1,600...
02.01.2018 Government Why did Catsimatidis drop out of Luminati deal at EPCAL? Billionaire businessman John Catsimatidis wanted control of his proposed joint venture with Luminati Aerospace at the Enterprise Park at Calverton, a deal that fell apart in December, according to...
07.06.2017 Government Luminati CEO involved in 2009 lawsuit over salary proposal Daniel Preston, the CEO of Luminati Aerospace, the firm looking to restart the aerospace industry by purchasing Riverhead Town-owned land at the Enterprise Park at Calverton, was the subject...
06.23.2017 Government Town Board majority says it won’t support Luminati deal Three Riverhead Town Board members said Friday they won’t support the Luminati Aerospace sale unless changes are made. The Town Board had planned to move forward with the $40...