P Diddy: From Sunset Strip Rental to Home Ownership?

According to The Real Estalker, P Diddy is considering buying his current Sunset Strip rental which has somehow risen in price from $5,495,000 to $5,995,000 despite the difficult economy: "The 4 bedroom house offers...3 main bedrooms, an additional bedroom for the staff/entourage...5.5 … [Read more...]

Tour DMX’s Abandoned, Foreclosed Home

Having recently pled guilty to various charges, DMX awaits sentencing as all eyes have turned to his foreclosed home. AZFamily.com has more info and a video tour of his home which was raided last May and has been burglarized since. Is there any indication that anybody has DMX's back?  … [Read more...]

Foreclosures: Doug E. Fresh, T-Boz, Wyclef Jean

Here's some sucky foreclosure news from the New York Post: "Doug E. Fresh...has been socked with three foreclosure actions by banks looking to collect more than $3.5 million in unpaid mortgages on a trio of his Harlem homes." "The rapper, 46, also is being chased by American Express … [Read more...]

1520 Segwick Ave. Hangs In, Gawker Hangs Weak

The folks at 1520 Sedgwick Avenue, the birthplace of the breakbeat, are hanging in and planning actions that will continue if the building is sold and eviction begins. This situation has evoked a rather odd post by Gawker's Hamilton Nolan who doesn't seem to know how to deal with a topic that's … [Read more...]

1520 Sedgwick Cleared for Sale

The Bronx building sometimes known as the birthplace of hip hop, 1520 Sedgwick, has been cleared for sale and could be sold this week. Despite some hopes that the financial meltdown would cause a retraction of what is considered an overvalued offer: "The current landlord group of the building, … [Read more...]