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CAT officials say they're 'ready, willing and able' to close deal to purchase EPCAL land


Triple Five Group’s Chairman, Nader Ghermezian, his son Justin, who is managing member of Triple Five Real Estate I LLC, and Chris Kent, the attorney for CAT, attended Thursday’s work session. (Credit: Tim Gannon)
Representatives of Calverton Aviation and Technology told Riverhead Town Board members Thursday that they have adequate money to buy and develop property at the Enterprise Park at Calverton.
But as has been the case in the past, CAT declined to show the town specific financial statements.
Triple Five Group’s Chairman, Nader Ghermezian, his son Justin, who is managing member of Triple Five Real Estate I LLC, and Chris Kent, the attorney for CAT, attended Thursday’s work session at the request of the Town Board. ....

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