Efforts to 'Save the Peak' Are Raising $2,000 a Day
That's a good amount of money, but you're not going to raise millions by April 14th at that rate. According to the folks at the Trust for Public Land, which is trying to save the Hollywood Sign's neighboring property, Cahuenga Peak, from sale to a private developer who could build a handful of homes, they still have a long way to go until they hit $12.5 million.
"Each gift is crucial, and none is too small," a newsletter said yesterday.
The Trust has 47 days to raise the rest of the money. Their online goal is $500,000 and they've raised $40,000 so far. Come on, Hollywood elite, get your wallets rolling!
Meanwhile, a little controversy has developed over the former real estate representative and whether or not the land is truly developable, finds Curbed LA. The former rep says it isn't, the current owners are declining comment and the Trust says it most definitely is.