Owners to Sell 1520 Sedgwick?

It's been over a year since the NY Times revisited the "Birthplace of Hip-Hop" and noted that the owners of the building were pondering opting out of the Mitchell-Lama program, enabling them to sell the building or charge higher rents on the open market. Now the Times notes that even after a year of protests and raising awareness, the building may not be saved (as some thought it would be back in March). The owners have "notified the Department of Housing Preservation and Development that they intend to cancel the building’s participation in the Mitchell-Lama program by paying off the mortgage, effectively ending the city’s regulatory power over any sale." For now the residents are safe, but plan on hearing DJ Kool Herc make some noise about this.