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Michelle Nissani
ph. 310.413.8780
michelle.nissani@telesproperties.com
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Teles Properties Beverly Hills
338 N. Canon Drive, Penthouse
Beverly Hills, CA 90210
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Featured Listing
2108 Linda Flora Drive Los Angeles, CA 90077
URL http://2108LindaFloraDrive.com
Recent Blog Entry
Hollywood sign saved again!
Tuesday, April 27, 2010 at 9:00pm
On Monday it was announced that the last of the money was raised through a donation from Hugh Hefner, of $900,000 and then a matching donation from Tiffany and Co Foundation and Aileen Getty of a further $500,000, to help the City purchase the property to keep it out of the hands of real estate developers. Arnold Schwarzenegger and the Trust of Public land led by Will Rogers have been raising money with the help of donations from Tom Hanks, Steven Spielberg, the studios, and with fundraisers held by the locals. Finally on Monday Hugh Hefner's donation brought the grand total to 12.5 million dollars, the agreed amount the owners would sell the property to the City for. This is not the first time Hugh Hefner has come to the rescue of the sign, back in the late 70's he played a major role in fundraising for the rebuilding of the then dilapidated sign. 