Gerald Whitfield III inherited three things from his grandfather: a face that looked older than it should, a phonograph record shop on Broadway that smelled like dust and vinyl, and the habit of standing very still when something terrified him.
He was twenty-two when his father handed him the keys. "Learn the business," his father said, which in their family meant "learn what money is and then pretend you don't care about it." The record shop was the education. The first trade happened in March. A radio syndicate from Manhattan wanted to buy the building the shop occupied. Not the records — just the building. They offered five...
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