Port authority signs lease with new Youngstown landlord

Staff report

HOWLAND

The Western Reserve Port Authority has approved a three-year lease on its economic-development office on Champion Street in Youngstown.

The port authority has used the office for several years, but N.Y.O. Property Group recently bought the property and may be looking to develop it.

Anthony Trevena, port authority economic-development director, said since N.Y.O. Property Group is a real-estate developer, it wouldn’t be surprising if it bought the property to develop it.

The port authority will pay $1,500 per month plus utilities for the 3,000-square-foot space.

In other business Wednesday, the port authority approved a one-year extension on a contract with its aviation consultant, C&S Companies of Cleveland.

The company is paid based on specific Federal Aviation Administration-related projects it does for the port authority.

The FAA pays most of the cost of these types of projects, such as the $5 million taxiway project that was completed at the Youngstown-Warren Regional Airport recently. The port authority runs the airport and carries out economic-development and financing projects.

The port authority also has offices at the airport and in the Tech Belt Energy Innovation Center in Warren. It had its monthly meeting Wednesday at the Howland Township Administration Building.