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Hip-Hop’s Birthplace to Be Sold
A Bronx apartment recognized as the birthplace of Hip-Hop culture is expected to be sold next week.
Located at 1520 Sedgwick Avenue, the building’s landlord group plans to withdraw the property from the city’s moderate housing program, allowing the owners to pay off the building’s $5 million dollar balance.
The property will then be sold to high-profile real estate developer Mark Karasick, putting the future of the 100 families living there in doubt.
The tenants and…(read more)
Posted by admin 
September 2008
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