In a developing story, Franz Nicolay has decided to leave The Hold Steady, according to a post on his website.
We'll let his post do the talking:
"You should know: I've left The Hold Steady. I told the band I'd be leaving in early September, played my last show with them in Minneapolis around Thanksgiving, and dotted the t's and crossed the i's this week. Five years seemed like a nice round number. Thanks to everyone who was a part of the experience, especially the Unified Scene, who are nice folks. I'll see you all soon in any case."