{"id":298722,"date":"2010-02-09T10:22:49","date_gmt":"2010-02-09T15:22:49","guid":{"rendered":"tag:typepad.com,2003:post-6a00d8341c630a53ef0128777dfa58970c"},"modified":"2010-02-09T14:43:49","modified_gmt":"2010-02-09T19:43:49","slug":"hollywood-sign-coverup-part-of-campaign-to-purchase-cahuenga-peak","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/298722","title":{"rendered":"Hollywood sign coverup part of campaign to purchase Cahuenga Peak"},"content":{"rendered":"<p><a href=\"http:\/\/latimesblogs.latimes.com\/.a\/6a00d8341c630a53ef0128777e01fc970c-pi\" style=\"display: inline;\"><img decoding=\"async\" alt=\"Hollywoodsign\" class=\"asset asset-image at-xid-6a00d8341c630a53ef0128777e01fc970c \" src=\"http:\/\/latimesblogs.latimes.com\/.a\/6a00d8341c630a53ef0128777e01fc970c-600wi\" style=\"width: 600px;\"><\/img><\/a> <br \/><\/br> A nonprofit group plans to cover the Hollywood sign with a banner urging &quot;Save the Peak&quot; this week, announcing its effort to purchase nearby Cahuenga Peak from private developers for $11.7 million.<\/p>\n<p><a href=\"http:\/\/latimesblogs.latimes.com\/.a\/6a00d8341c630a53ef01287780e8f6970c-pi\" style=\"float: left;\"><img decoding=\"async\" alt=\"La-me-cahuenga-peak9\" class=\"asset asset-image at-xid-6a00d8341c630a53ef01287780e8f6970c \" src=\"http:\/\/latimesblogs.latimes.com\/.a\/6a00d8341c630a53ef01287780e8f6970c-200wi\" style=\"margin: 0px 5px 5px 0px; width: 200px;\"><\/img><\/a> The leaders of Public Trust for Lands intend to disclose their acquisition effort publicly for the first time Thursday morning in Hollywood. They say they have raised about half of the asking price for the 138-acre mountaintop parcel from a Chicago investment group. <\/p>\n<p> They have an April 14 deadline to seal the deal.<\/p>\n<p>The investors purchased the mountain site west of the Hollywood sign from the estate of Howard Hughes in 2002 for about $1.7 million. <\/p>\n<\/p>\n<p>The aircraft and filmmaker tycoon bought the mountaintop in the 1930s and planned to build a love nest there for actress Ginger Rogers. <\/p>\n<p>\nInvestors had hoped to sell the land for as much as $40 million for home sites. Their plans prompted Hollywood-area City Councilman Tom LaBonge to ask for the San Francisco-based land trust to help preserve the mountaintop.\n<\/p>\n<p>But police took the edge off the trust&#8217;s planned surprise by announcing that the Hollywood sign would be covered Thursday as part of \u201can international campaign\u201d and would remain draped \u201cuntil further notice.\u201d <\/p>\n<p>\nThe e-mailed \u201ccommunity alert notification\u201d to Hollywood residents urged that they \u201cnot be alarmed\u201d because the 450-foot-long landmark \u201cwill remain in place and there will be no changes done to the sign.\u201d Police said the notification was issued \u201cso we do not receive phone calls from worried citizens.\u201d <\/p>\n<p>\nA spokesman for the San Francisco trust, Tim Ahern, said Monday afternoon his group was still awaiting permission to cover the sign from Los Angeles officials and the Hollywood Sign Trust, which maintains the sign. \u201cThe police department jumped the gun,\u201d he said.<\/p>\n<p>Monday night, Ahern released details of the proposed acquisition.<\/p>\n<p>&#8212; Bob Pool in Hollywood<\/p>\n<p><em>Photo: Reed Saxon \/ Associated Press<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A nonprofit group plans to cover the Hollywood sign with a banner urging &quot;Save the Peak&quot; this week, announcing its effort to purchase nearby Cahuenga Peak from private developers for $11.7 million. The leaders of Public Trust for Lands intend to disclose their acquisition effort publicly for the first time Thursday morning in Hollywood. They [&hellip;]<\/p>\n","protected":false},"author":4131,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-298722","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/298722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4131"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=298722"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/298722\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=298722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=298722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=298722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}