Remember in 2008, when a Chicago investment group stuck a For Sale sign on 138 acres of open space next to the Hollywood sign? They bought the land from the estate of Howard Hughes in 2002 for close to $1.7 million, got it zoned for four McMansions (because we're short on those) and then offered it up for $22 million. Bob Pool broke the story, and a lot of people got really steamed.
Today, fellow Angelenos, thanks to an impassioned fund-raising campaign by
Mr. Los Angeles City Councilman Tom LaBonge and the Trust for Public Land, those 138 acres now belong to us. Even with a final sale price of $11.7 million, it wasn't until philanthropist Aileen Getty stepped in with a million-dollar-plus donation, and Hugh Hefner kicked in the final million that the deal was done. (A complete list of major donors is here.)
So say thank you in the best way possible -- go for a Hollywoodland hike.
Pix from yesterday's ceremony after the jump...
The liability waivers we all had to sign suddenly made sense.
slid, screaming walked calmly down a vertical steep trail and there we were, at the base of the Hollywood sign.