Showing posts with label Greenfire Development. Show all posts
Showing posts with label Greenfire Development. Show all posts

Wednesday, July 27, 2011

Carl Webb Leave Greenfire to Start New Venture: The Meaning of Forty/AM



You can’t keep a big fish in a small bowl. You have to let that sucker out to swim in a large body of water. He needs room to grow and show off those swimming skills.

That’s the way I view Carl Webb’s decision to start a new work. Webb has left his role as the primary spokesperson for Greenfire Development to embark on a new venture- Forty/AM. He maintains his role as partner with Greenfire Development and will serve as a board member. He will no longer be involved in the daily operations of the company instrumental in the renaissance of the downtown district and leading the deal to sell the North Carolina Mutual Life Insurance building.

Webb left Webb/Patterson Communications to team up with Michael Lemanski to realize his dream of resurrecting the Black Wall Street. That’s the name given the former hotbed of black business on Parrish St. It was the sociologist E. Franklin Frazier who called Durham “the capital of black bourgeoisie.” Frazier, in “Black Bourgeoisie, noted the massive achievements of the descendents of slaves in Durham.

Webb envisioned a multi-level building on Parrish Street across from the former CCB building. It was to be Durham’s memorial to the glory days of the Black Wall Street. Greenfire Development purchased the CCB building. The sign that adorned the top of downtowns tallest building was replaced with the name of the bank that took ownership of CCB –Sun Trust. Construction begins soon to convert that building into a boutique hotel.

The vision of the Black Wall Street continues to capture the imagination of Webb. One only needs to consider the name of his new company.

Forty/Am may confuse those not familiar with the struggles of black folk. It evokes recollections of a promise never fulfilled. During the last stages of the Civil War, General William Tecumseh Sherman issued an order on January 16, 1865 providing 40 acres of land and a mule to the former slaves. By June 1865, around 10,000 freed slaves were settled on 400,000 acres in Georgia and South Carolina. After the assassination of President Abraham Lincoln, his successor, Andrew Johnson, revoked Sherman's orders and returned the land to its previous white owners

Could it be that Webb named his new business to divulge his irritation with attempting, the best he can, to build a work while contending within an environment that pits him against people with more than enough? Could it be that Webb is sending a message? That he lacks what others take for granted and has to survive within a business culture that has him pressing, on a daily basis, just to keep pace with those who have more than enough to take risk that he can’t afford to take?

Watching Webb’s rise as a major player in downtown economic development has been a text book lesson on the way money and power works in Durham. Those who have get more. Those who have insight, vision and talent, void of resources, are left waiting for those at table to drop a few crumbs from their over stacked plate. There is a disparity between the way Webb has been treated by the white and black elite of the city. Those with deep pockets and reputations are treated like royalty when seeking the support of local government in the form of an incentive package.

I’m angry about the way Webb has been treated. I feel the agony that comes with watching people escorted to the execution of their dreams. They don’t have to bang on doors; there are people waiting to open the door with a plate of cheese and a bottle of wine while standing with them every step of the way. Others, like Webb, have to answer to the gatekeepers- the white and black men and women who conserve their right to determine who is allowed access to the easy road leading to success.

I’m not sure what Forty/AM means to Webb, but I know what it means to me. Those with the resources refuse us access to what rightfully belongs to us. They stand and watch as we struggle to survive in that small bowl they’ve given us to swim. They have the ability to pull us from that place that strangles our life and creativity, but they would rather watch us die.

It’s difficult being a big fish in a small bowl. All you need is a way out. All you desire is a place to show off those swimming skills. The bowl is too small, but those watching are amused by our grapple to maneuver our intellect and vision in a space too small to sustain all of that potential.

The good news is fish like Webb have strength enough to jump out of the small bowl. He may not have been given his Forty/AM, but something tells me he will find a way to offer others what no one was willing to grant him. A chance to swim.

I think I might swim in the lake with Webb. It’s time to break free from this fish bowl

Tuesday, March 4, 2008

The Assumption of Privilege


What is it about Andy Rothschild that grants him special favor with the Durham City Council? From all appearances, dude is running things down at city hall like he’s the mayor. There’s nothing wrong with being a concerned citizen. The problem when it comes to Rothschild, owner of Scientific Properties, is in how his company has been granted unusual consideration that leaves one wondering if he has been bolted to this position due to a special relationship with a member of the city staff.

My eyebrows were first raised when Rothschild was awarded a $14,000 per month contract to rent space to the city. The departments of Economic & Workplace Development and Equal Opportunity and Equity are renting space at Rotschild’s Venable building on Pettigrew Street.

Victoria Peterson, a community activist who is making yet another bid for public office, attacked the city and Rothschild in February for entering into an agreement that was a conflict of interest. Rothschild serves as the chairman of the city’s Workforce Development Board. Peterson was correct to raise question regarding full disclosure. The public has the right to know if a deal was made that came about due to the dealings of the chairman of the board.

The good news for Rothschild is people have a hard time taking Peterson seriously. Yes, she’s the same woman who was kicked out of the Mike Nifong ethics hearing. Yes, she’s the same black woman who made the flip/flop from being a staunch Jessie Helms supporter to a member of the Democratic Party. Her argument fell of deaf ears not because she was wrong, but because she lacked the credibility needed to stir a concern around the issues.

Rothschild’s special favor has been proven again. This week, he raised concerns over an incentives proposal for Greenfire Development’s $284 million downtown project. The city decided to hold off plans to vote on the package until March 17. Rothschild met with Michael Lemanski, one of Greenfire’s lead partners, to discuss his concerns.

The fact that the city was made aware of Rothschild’s concerns leaves me with serious questions related to his working relationship with the city. It seems odd that a developer would bring concerns involving an incentives package to the attention of the city staff. Those concerns could have been addressed in private. There was no need to make them part of the public dialogue. In doing so, Rothschild has positioned himself as the watch dog for downtown business development, and, by empowering him to do so, the city has granted him special favor that should not be a part of discussions involving the deals made between the city and a competing company.

I have been a supporter of Rothschild’s work. I spoke before the city council in favor of his plan to revive Heritage Square. I still believe in that project. This despite my growing concern about Rothschild’s disconnection from the historical significance of the Hayti community. Scientific Properties is coming into a once vital African American business district. What will emerge will trigger economic development for Hayti and other surrounding communities.

This is great thing for the city of Durham. The problem is Rothschild has failed to convince me that he gets it. He needs to do better in hiring a staff that understands how delicate a move this is for those who still cling to those old days. The past should never limit or quest to move forward; however, it is hard to trust when too few of those on your staff don’t look like the people you ask to trust you.

Rothschild must have special privilege with the city. Otherwise, how can you explain how easy it has been for him to come this far while discounting the obvious-you can’t assume a position of privilege; you have to earn your right to sit at the table. Sooner or later, those favors will come back to bite you.