Riverhead, New York

The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.

The most valuable ground in the city, and what the public record says about it.

At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.

Counts and full market values are from the 2025 State roll for the Town of Riverhead (16,487 parcels); the roll carries no acreage, so acres appear only where another source states them. Public ownership is broad: the Town (516 parcels) and Suffolk County (561) are the largest holders by count, the County largely in parkland and preserved farmland, and the utility estate of LIPA and its predecessors is the largest by value. 645 parcels are agricultural, 268 of them classed 'Acquired Development Rights' — farms whose building rights were bought by the County or Town, leaving the farmland in private hands.

New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.

Riverhead has no national-builder subdivisions of scale on the 2025 roll and no single-family-rental platform: no entity holds more than about 17 houses. New-home supply comes from small local LLCs building out approved subdivisions, apartments downtown and on Route 58, and manufactured-home communities. Counts are roll parcels, not starts — no official per-builder figures exist for Suffolk County.

The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.

Retail on the Route 58 / Old Country Rd corridor is the town's commercial core. Listed REITs own several centres outright; most others sit in single-asset LLCs whose members are not on the roll. Values are 2025 full market value.

Claims this page would have made if a source could be opened. They are left out rather than guessed.

1. Property Assessment Data from Local Assessment Rolls (2025 roll, Town of Riverhead, SWIS 473000): owner of record, mailing address, property class, full market value, deed book/page; 16,487 parcels, total full market value $13,947,947,293, read 1 Nov 2026 — NYS Department of Taxation and Finance, Office of Real Property Tax Services (data.ny.gov) · openA
2. Equalization Rates: Beginning Rate Year 1954 (Town of Riverhead, SWIS 473000: 2025 rate 8.16, 2024 8.34, 2023 9.29) — NYS ORPTS (data.ny.gov) · openA
3. ORPTS Municipal Data Portal: Sales Web 'includes 10 years of property sales and transfers for all of New York State, except New York City'; the buyer or seller files the deed and Form RP-5217 with the county clerk — NYS Department of Taxation and Finance · openA
4. Real estate transfer tax: 'two dollars for each $500, or fractional part thereof, of consideration'; 1% mansion tax on residences — NYS Department of Taxation and Finance · openA
5. Tanger Inc. Form 10-K for 2025: Tanger Outlets Riverhead, Riverhead NY, 100% legal ownership, 729,377 sq ft, 98.4% occupied; ground lease of 47.0 acres expiring 2029 (2039 with renewal options); Schedule III gross carrying amount $198.4M, built 1993 — Tanger Inc. via SEC EDGAR · openA
6. Brixmor Property Group Form 10-K for 2025, Schedule III: Roanoke Plaza, Riverhead NY (built 2002, acquired Jun-11, gross carrying $25.7M); The Shops at Riverhead, Riverhead NY (built 2018, acquired Jun-11, gross carrying $42.6M) — Brixmor Property Group via SEC EDGAR · openA
7. Regency Centers Form 10-K for 2025: 'Wading River' (NY), acquired 2021, built 2002, 99K sq ft GLA, 94.7% leased, anchors King Kullen, CVS, Ace Hardware; 'Riverhead Plaza' 50% owned, acquired 2023, 13K sq ft — Regency Centers Corp via SEC EDGAR · openA
8. Health Facility General Information: Peconic Bay Medical Center (fac_id 938), 1 Heroes Way, Riverhead; operator Central Suffolk Hospital; co-operator Northwell Healthcare, Inc.; Not for Profit Corporation — New York State Department of Health (health.data.ny.gov vn5v-hh5r) · openA
9. Calverton Executive Airpark (Enterprise Park at Calverton, EPCAL): owned by the Town of Riverhead; 2,921 acres; former Naval Weapons Industrial Reserve Plant; 2,640 acres donated to Riverhead in Sept 1998, 2,935 acres to NYS DEC; Navy still held 358 acres as of Jan 2006 — Wikipedia · openA
10. EPCAL Development: resolutions for the Town of Riverhead Community Development Agency (CDA) to transfer title to 'all of the acreage CDA owns at ... EPCAL, comprising approximately 2,100 acres' to facilitate sale of ~1,643 acres to Calverton Aviation and Technology LLC under an agreement dated Nov 19, 2018 — Town of Riverhead · openA
11. Long Island Aquarium (formerly Atlantis Marine World): opened June 15, 2000; the Town of Riverhead bought the land in 1995; original cost $15 million from private developers; $24 million expansion with Exhibition Center in 2011 — Wikipedia · openA
12. Splish Splash Waterpark, Calverton: 96 acres; opened May 1991; owned and operated by Palace Entertainment 1999-2025; sold to Herschend in early 2025 — Wikipedia · openA