Please see link to Newsday story  below. 
Eileen Keenan 
_http://www.newsday.com/news/rechler-equity-pulls-out-of-enterprise-park-pro
ject-1.2404753?print=true_ 
(http://www.newsday.com/news/rechler-equity-pulls-out-of-enterprise-park-project-1.2404753?print=true)
  - Newsday - Saying 
it could not develop at  Riverhead's Enterprise Park at Calverton without 
making  substantial changes to its use, Rechler Equity Partners has pulled out 
of its  $18-million deal to purchase 300 acres of vacant land at the 
town-owned  industrial complex. The firm faced a Friday deadline to sign its 
contract or pay  for an extension. Town officials said that, with Rechler 
dropping 
out, they are  now free to subdivide the property and sell it off in 10- or 
15-acre  blocks. 

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