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NEW YORK — The birthplace of Hip-Hop is facing a foreclosure auction.

1520 Sedgwick Avenue, credited as the birthplace of hip hop, is the site of one of Hip-Hop’s founding fathers, Kool DJ Herc who helped create hip the culture as we know it.

RELATED: Bronx Birthplace Of Hip-Hop Saved From Destruction

Curbed reports:

Turns out it hasn’t been as easy for the new owners to fix that situation as they expected, because they’ve run into a bit of trouble paying the mortgage. According to PropertyShark, the building is facing a foreclosure auction on November 7. The lien amount: $7,379,208. Will anyone ever rescue this piece of history?

Read More At Curbed