Warehouse 50 to vacate downtown building this fall

YOUNGSTOWN — The parties will cometo an end for Warehouse 50 at the Stambaugh Building on Halloween.

The bar and only occupant of the building, on Central Square in downtown, will have to find a new home after its lease expires after Oct. 31. The Stambaugh Building will be converted into a 120-bed hotel, which will include a restaurant and banquet facility.

Tim Nesnidol, the general manager of Warehouse 50, said there’s no hard feelings about the situation.

“Business has been great all around,” he added, saying he would have liked to have stayed longer at the location.

NYO Property Group announced in November 2014 the Stambaugh Building will become a DoubleTree Hotel as part of the Hilton Hotel chain.

“[Warehouse 50] just doesn’t fit the model,” said Dominic J. Marchionda, the owner of NYOPG.

The property developer is close to completing the finance for the 14- to 16-month project, which he anticipates to start sometime in October.

“We’re ready to go,” he said.

Warehouse 50, which employs more than 20 people, has grown from a live-music bar to the club and restaurant-style scene since it opened June 2013.

For the complete story, read Tuesday's Vindicator and Vindy.com