When the owners of 1520 Sedgwick Avenue ("the birthplace of hip-hop") in the South Bronx tried to sell the building earlier this year, it set off a wave of national stories about cultural landmarks and the loss of affordable housing, and the city rejected the sale. But now the owners of the 100-unit building say they will pay off the mortgage and exit the Mitchell-Lama program, ending the city's regulatory power over any sale. Here come the protests! [NYT]
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