Birth Place of Hip Hop Sold

Published on: Sat, 04 Oct 2008 14:01:00 -0700

1520 Sedgwick Avenue, where hip-hop is said to have started. Why is a real estate mogul who once flipped San Franciscos famous Bank of America Center to a group of investors that included Donald J. Trump interested in acquiring a working-class apartment building on the outskirts of the Bronx for less than $14 million? We think its odd that a guy of this stature is buying a 100-unit building on the access road of the Major Deegan that will be rent stabilized even if it comes out of Mitchell-Lama, said Dina Levy, director of organizing and policy with the Urban Homesteading Assistance Board.

Author: ExtravaGangstaRadio
Keywords: hip hop news birthplace of 1520 sedgwick avenue
Added: October 4, 2008