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Nonprofit agency seeks to buy Kress Building downtown



Published: Tue, November 1, 2011 @ 1:51 p.m.

Nonprofit agency seeks to buy Kress Building downtown

YOUNGSTOWN

The owner of a downtown agency that provides job skills and education to the mentally and physically impaired is looking to expand to a long-vacant West Federal Street building.

Jimmy Sutman, who founded and runs the Purple Cat in 2003, needs additional space and has a tentative agreement to buy the Kress Building, 111 W. Federal St., from the Youngstown Central Area Community Improvement Corp.

For the deal to be finalized, Sutman said he’d need a $1.2 million Ohio Historic Preservation Tax Credit and a Clean Ohio Revitalization Fund grant of about $750,000. The historic tax credit announcement is expected Dec. 31, he said.

For more on this story, see Wednesday’s Vindicator or vindy.com


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