Riverhead could cancel $40M industrial park sale Officials in Riverhead are weighing whether to reevaluate and ultimately cancel the $40 million sale announced late last year of the Enterprise Park at Calverton, Newsday reported. One of the buyers, Luminati Aerospace, has run into financial troubles, a matter that Riverhead officials are considering hiring outside legal counsel to review. Luminati was recently sued by Stamford-based Hexcel Corporation, which claims that the aerospace company defaulted on conditions […]
source https://therealdeal.com/2019/04/22/long-island-cheat-sheet-40m-riverhead-industrial-park-sale-on-the-rocks-group-wants-suffolk-county-drag-race-strip-more/
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