Young Tower News Today

It appears that the Wolstein family hasn’t given up on keeping the downtown Cleveland office tower in the wake of developer Scott Wolstein’s death.

With its lease expiring in November, the accounting firm has announced it will exit one of the city's three trophy skyscrapers for an older but still Class A building downtown.

The Pittsburgh-based lender has signed a lease on a full floor at the EY Tower at the Flats East Bank project. Dollar Bank will leave the Tower at Erieview but will maintain its branch at the adjoining Galleria.

Cleveland City Council approves rare 60-year TIF deal for the Flats East Bank Michelle Jarboe/Crains Cleveland Business The Flats East Bank project, on downtown Clevelands riverfront, is one of only a handful of existing developments in Ohio to take advantage of a narrow window for doubling the potential duration of a key tax incentive. Cleveland City Council agreed Wednesday, Dec. 9, to double the duration of a key tax incentive for the Flats East Bank project — in an about-face that came ba...