Sen. Schumer Announces Purchase Plan For Historic 1520 Sedgwick Ave

NEW YORK - JANUARY 15: People walk out of 1520 Sedgwick Avenue, a building considered by many to be the birthplace of the popular "hip hop" style of music January 15, 2008 in the Bronx borough of New York City. Long-time residents of the rent-subsidized building are protesting a plan to bring the building, which they consider a landmark, out of rent control status, thereby raising their below market-level rents. (Photo by Chris Hondros/Getty Images)