Monday, April 23, 2012

Murray Gershenz's 300,000-plus record collection is no bestseller

He apologized when he interrupted the interview for this story to take a call from someone he assumed to be potential buyer. Instead, it was a casting agent inquiring about his availability for a Doritos commercial.

'I have made a lot of money doing the acting stuff, but a lot of it has gone to maintaining this place,' he said.

Gershenz, a former opera singer and synagogue cantor, admits the shop is now hemorrhaging cash. He pulled out a few months sales receipts to prove business isn't thriving: a buyer in New York paid $25.99 for a record by an obscure violist, another went to a buyer in Germany, and an old 45 of jazz trombonist Grover Mitchell went to a customer in Spain for $11.

Sarah Silverman on Music Man Murray from Richard Parks.

His musician son, Irv Gershenz, believes if they were able to get more of their inventory cataloged online, business would pick up. But they've had the manpower to log only about 12,000 records.
'Here's someone in Germany; they are only looking at 12,000 records,' said Irv of a buyer interested in the collection. 'Imagine how many they could find if the whole collection was there.'

Director Richard Parks decided in 2010 to make his first documentary about the elder Gershenz after he read about his plight in The Times. Parks shot the film last year, and it had its premiere in January at the Santa Barbara International Film Festival before getting distribution by the Documentary Channel. The picture also won best short documentary at the Chicago International Movies & Music Festival and will screen at festivals in San Francisco and Berlin.

'When I first got into records, my dad [composer-lyricist Van Dyke Parks, who scored the film] would tell me you have to go to Murray's,' Parks said. 'It was like the temple so he brought me here all the time.'

Gershenz would still like the collection to go to a museum or university, but 'the trouble there is they want it free. I'm not in a position to donate it. If I was a very wealthy person, I would.' Though he balks at the idea of splitting up the records to different sellers only looking for one genre, he knows he might be forced to do so.

Gershenz's asking price has dropped from more than $1 million to $500,000 ' a bargain considering the 12,000 records in the online inventory alone are worth $360,000.

Gershenz says the monthly operating costs to upkeep the store and three storage warehouses, which contain enough records to refill the shop a few times over, has reached more than $6,000. He said despite a renewed interest in vinyl, the digital age has stunted his business as today's generation has quicker access to free or low cost music.

'You have to be practical. If it turns out nobody can use the whole thing, then you have to break up the collection. I'm not doing enough business to maintain it,' Gershenz said as he shuffles through some of the rich history he's also collected: autographs from Mae West and Tiny Tim, memories of talking to Elvis and a handwritten note from Louis Armstrong on Satchmo letterhead.

As of press time, Gershenz is entertaining one offer that he believes is promising. Although he was mum on details in case other offers pour in after the film airs, he says it's for more than a quarter of a million but drastically less than the $500,000 that he's asking for.

'I don't have the money and time, and besides I'm gonna be 90 years old,' he said. 'I'm tired.'

RELATED:

Coachella 2012: Record Store Day comes early

Levon Helm 'one of the last true great spirits,' writes Bob Dylan

Record Store Day booty: Flaming Lips, Lee Hazlewood, Dinosaur Jr.

' By Gerrick D. Kennedy

Photo: Murray Gershenz Credit: Richard Parks



0 comments:

Post a Comment