Franklin Street
Fiona Morgan, over at the Indy,
reports that the N&O's parent company
McClatchy has the
Chapel Hill News building up for sale.
"I think if we got the right price, we'd be interested in talking with somebody," John Drescher, The N&O's executive editor, said in an interview.
Is this inevitable? Can the Carrboro Citizen pick up the slack? Is it time for more startup papers to run tight ships with old school newspaper values?
I for one am pretty sad it has come to this but am not surprised one bit. For more details see another recent article by Morgan called
What's Up? More bad news at The N&O.
I just drove through Eastgate, and and wow that place is really coming together. It looks quite nice and there are lots of appealing businesses there. However, almost none of them are locally owned. WomanCraft seems to be the only local business there now. I would so much prefer to spend my money at a business that supports the local economy and supports our downtown. I started to think about why our downtown is starting to struggle after so many years of vitality.
No, it's not the panhandlers, lack of parking, or drunk students. I think It's the landlords. Or at least some landlords, most notably Spencer Young who is actively driving tenants away from The Courtyard while piling on loans that he apparently can't pay, and Joe Riddle who is responsible for at least two empty store fronts and a vacant lot on Franklin Street. Riddle is a developer who lives in Fayetteville. He was arrested on felony drug charges in 2005, and he currently owns several properties in Northside and downtown Chapel Hill worth a total tax value of $1,795,460 (according to Orange County GIS).
Date:
Sunday, October 5, 2008 - 9:00am to 2:00pm
I pretty much lived in the shops, offices, bars, and nooks and crannies of Franklin Street when I was a kid in the 70's. The Inimate Bookshop (RIP) even had a corner in the children's section named after me. I can't wait to see this exhibit at the Chapel Hill Museum.
Remember the Flower Ladies? Manner-correcting Otelia Conner and her umbrella thwacks? The Intimate book store and Danziger's sweet shop?
Unless you're a longtime resident, you may not. But that's OK -- a new permanent exhibit at the Chapel Hill Museum will detail those and more of the characters and places that make Franklin Street, well, Franklin Street.
- chapelhillnews.com | Memory lane on display, 10/10/07
Here's the 411: http://www.downtownchapelhill.com/newsreader.php?id=52
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