Youngstown Council signs off on request to extend loan repayment to developer

YOUNGSTOWN — City council signed off on a request today to extend repayment of a $2 million loan by the developer of an upscale downtown apartment complex to Sept. 30.

The city’s board of control — consisting of the mayor, finance director and law director — must finalize the request, something expected shortly.

The project, estimated to cost $8.4 million, to turn the vacant 13-story office building at 47 Central Federal St. into the Realty Tower Apartments will be done by mid- to late June.

The first tenants are to move in around August.

For the complete story, read Thursday’s Vindicator or Vindy.com