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09/26/18 6:00am
09/26/2018 6:00 AM

Triple Five, the company hoping to purchase 1,640 acres in Calverton from Riverhead Town for $40 million, has now officially closed on a separate deal to buy 105 acres at the former Dowling College campus in Brookhaven for $14 million.

Stuart Bienenstock, Triple Five’s director of business development, confirmed by email Sunday that the deal closed Friday. READ

Featured Story
08/03/18 7:09pm
08/03/2018 7:09 PM

Calverton Aviation & Technology has responded to a 4 p.m. deadline imposed by Riverhead Town to notify officials whether it would submit additional financial information in regard to its proposal to purchase 1,640 acres of town-owned land at Enterprise Park at Calverton, according to Riverhead Supervisor Laura Jens-Smith and Stuart Bienenstock of Triple Five, the majority owner of CAT. READ

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

05/23/18 6:00am
05/23/2018 6:00 AM

Triple Five Group, which owns a controlling interest in Calverton Aviation & Technology, the company that’s hoping to buy 1,640 acres of town-owned land at Enterprise Park at Calverton for $40 million, is now hoping to start another aviation business nearby. (more…)

Featured Story
02/28/18 7:27am
02/28/2018 7:27 AM

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 acres of land from Riverhead Town at the Enterprise Park at Calverton, seemingly everyone else was there.  READ