Riverhead Community Development Agency

With Riverhead’s nod, CAT set to soar in Calverton

By GREGORY ZELLER // A development team with big plans for a reinvigorated Long Island aerospace industry spread its wings Wednesday night, soaring straight toward its long-desired nest. Calverton Aviation & Technology, a 2017 LLC formed by partners Luminati Aerospace and Triple Five Worldwide Group, was deemed “qualified and eligible” by the Riverhead Community Development Agency, clearing the runway for a $40 million, 1,643-acre purchase agreement previously negotiated by Luminati and the Town of Riverhead….

New director for busy Business Incubator at Calverton

By GREGORY ZELLER // Stony Brook University’s Business Incubator at Calverton has a new head honcho. Chris Kempner, a former executive director of the Town of Riverhead’s Community Development Agency, will take over as associate director of the Calverton incubator as of May 15, SBU announced Thursday. Kempner officially succeeds Monique Gablenz, who retired from her position as Calverton Business Incubator director in the fall of 2016. Incubator management temporarily passed to Jeffrey Saelens, executive…