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New York

Bronx’s “birthplace of hip-hop” sold

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The affordable housing
complex and the “birthplace of hip-hop,” 1520 Sedgwick Avenue in the
Bronx, was
sold last week to developer Mark Karasick and taken out of the
Mitchell-Lama
program. Removing the
South Bronx building from the Mitchell-Lama program puts it under the city’s rent
stabilization laws. Residents of 1520 Sedgwick Avenue, between Cedar Avenue and
the Major Deegan
Expressway, had been trying to buy the building to prevent its sale and
won a temporary restraining order by filing a lawsuit with the State Supreme
Court. The building is considered the
“birthplace of hip-hop”
because DJ Kool Herc, one of the founders of hip-hop, lived in the
complex in the
1970s. TRD