Nonprofit agency seeks to buy Kress Building downtown
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