Plans for $1.5B New York recreational project move ahead

09/20/2007 |

Officials in Riverhead, N.Y., have picked a plan from Riverhead Resorts LLC over a competing proposal for a massive recreational project on the 755-acre former Grumman site. The $1 billion to $1.5 billion project will be centered around a 90-acre man-made lake and will include an indoor ski slope and indoor water park.

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