Theater renovations could start by this March
Town to Suffolk Theatre owner: It’s all yours
BY TIM GANNON |STAFF WRITER
The Riverhead Town Board appears poised to end its push to take back ownership of downtown’s Suffolk Theatre, which could pave the way for work to begin on the long-shuttered theater as soon as this spring.
“I don’t want it back,” said Supervisor Sean Walter, who took office Jan. 1 after winning election over Phil Cardinale, who served for six years. “I’d be happy with removing the reverter clause and putting [restrictions] on the property that say it must be developed as a theater.
“We want it to be profitable and to bring people to Riverhead. I don’t want to micromanage private businesses.”
The town, under Mr. Cardinale, sold the 76-year-old theater for $707,000 to Pike Realty, a company headed by Bob Castaldi, in February 2005. Mr. Castaldi was chosen from among three applicants who had answered a town-issued request for proposals for the theater. His plan was to renovate it into a performing arts center and single-screen movie theater.