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Featured Story
05/25/18 9:00am
05/25/2018 9:00 AM

Bedlam broke out at the end of Thursday’s Riverhead Town Board work session when Nader Ghermezian, the chairman of Triple Five Group, began shouting at Supervisor Laura Jens-Smith and others when he wasn’t permitted to speak as the board discussed Calverton Aviation and Technology’s finances. READ

Featured Story
03/31/18 5:58am
03/31/2018 5:58 AM

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 the property was tied up without a penny of consideration for almost a year, the board then, in effect, allowed Mr. Preston to assign his letter of intent to various permutations of entities allegedly controlled by the Ghermezian family. Mr. Preston’s involvement was sufficiently suspect that Supervisor Laura Jens-Smith and her running mates during last year’s campaign called for an independent investigation into prior dealings between then-Supervisor Sean Walter and Luminati. READ

Featured Story
03/08/18 8:10am
03/08/2018 8:10 AM

Triple Five Group chairman Nader Ghermezian told an audience of about 25 people at the Riverhead Chamber of Commerce meeting Wednesday night that he owns more than 100 companies, including some industrial and aviation companies that could open new facilities at the Enterprise Park at Calverton if Riverhead Town accepts their proposal. READ

02/16/18 6:00am
02/16/2018 6:00 AM

As the date comes closer for Riverhead Town’s qualified and eligible sponsor hearing to vet Calverton Aviation & Technology, new details have emerged on the principals of the entities that make up CA&T as well as their roles in the proposed development at the Enterprise Park at Calverton.  READ