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NEW YORK — 1520 Sedgwick Avenue, the building credited as the birthplace of hip-hop has been given a new lease on life after Workforce Housing Advisors, a company dedicated to working class housing, bought it.

The building, where Kool DJ Herc held parties that would help create hip hop culture, had fell into disrepair after the business that bought it defaulted on the mortgage and fell into foreclosure.

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The New York Times reports:

Representative José E. Serrano, who had lobbied with building residents in a failed attempt to buy the building in 2007, said he was “cautiously optimistic” about the auction.

“The new owners have committed to preserving the building as affordable housing, and to engage in efforts to better recognize the building’s historic status as the birthplace of hip-hop,” he said. “If taken, all of these steps will help revitalize and properly recognize this historic location.”

Read More At The New York Times