A majority of the Riverhead Town Board now plans to vote in favor of scheduling a “qualified and eligible sponsor” hearing for Luminati Aerospace, which is seeking to buy approximately 1,700 acres of land from the town at the Enterprise Park at Calverton for $40 million. READ
In the latest developments in the saga surrounding the sale of Riverhead-owned land at the Enterprise Park at Calverton, a new financial partner has stepped in with Luminati Aerospace LLC and a New York billionaire says he is no longer involved in the project.
The developers of a proposed addiction research and treatment center at the Enterprise Park at Calverton are seeking a 20-year payment in lieu of taxes agreement that would save the company an estimated $23 million in taxes over the length of the arrangement. READ
Riverhead Supervisor Sean Walter indicated last week that Luminati Aerospace and United Riverhead Terminal would both be buyers of more than 1,700 acres of town land in Calverton. Originally, Luminati was the only proposed buyer. READ
Riverhead Town’s attorneys are asking for a 10-day extension to review Luminati Aerospace’s finalized version of a contract to buy more than 1,000 acres of town-owned land at the Enterprise Park at Calverton for $40 million, according to Councilman Tim Hubbard. READ
Riverhead Town will hold its annual shotgun hunting lottery Tuesday, Dec. 5, at Town Hall for local residents looking to hunt on town lands in Calverton another other Town properties. READ
An effort more than three years in the making to bring a memorial to Calverton in honor of Grumman test pilots Ralph “Dixie” Donnell and Charles “Buck” Wangeman is still underway and donations are being sought to help complete the process. READ
This year’s Riverhead Town Board candidates discussed their ideas for the Enterprise Park at Calverton during a forum Thursday night at Martha Clara Vineyards.