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Hefner: Symbolic sign |
Los Angeles, April 27: When Playboy founder Hugh Hefner heard that the campaign to buy the open space west of the Hollywood sign was short by $1 million, he knew he had to step in once again to protect the Los Angeles landmark.
“Turned out the kid was back in the water again,” he said in a telephone interview.
So he coughed up $900,000, which helped the campaign cross the finish line. Yesterday, the Trust for Public Land announced that, thanks to Hefner’s gift and an additional $500,000 from the Tiffany & Co. Foundation and Aileen Getty, it finally had the $12.5 million needed to buy Cahuenga Peak from Fox River Financial Resources Inc.
The 138-acre property, which offers a spectacular 360-degree panorama of the Los Angeles basin, now will become part of Griffith Park.
In 1978, Hefner played a major role in a campaign to fix up the then-terribly dilapidated Hollywood sign. Ensuring that the land would remain undeveloped was worth taking action again, he said. “It’s like saying let’s build a house in the middle of Yellowstone Park.”