The Calverton Executive Airpark was scheduled to be sold in 2008, but the contract was later cancelled.
In January 2008, the Riverhead Town Board with newly elected officers signed a deal to close and sell the airport for $155 million to Riverhead Resorts which planned a 35-story ski mountain in a $2.2 billion proposed project. In 2010 Riverhead cancelled the contract after Resorts did not make a $3.9 million payment. 
