Mount Lee the adjacent Griffith Park. The large tower atop Mount Lee today is owned and operated by the City of Los Angeles. It is a newer structure which replaced the original W6XAO tower some years ago. Smaller tenants on the site have included some federal government and amateur radio users. Mount Lee can be hiked; however, the immediate area where the Hollywood Sign is located is closed to the public since the area is home to the main communication tower for the City of Los Angeles. Trails leading to the Hollywood Sign can be accessed from several official Griffith Park entrances.
Hollywood Sign to buy the property for a discounted price of $12.5 million. On February 11, 2010, as part of a campaign to help raise money and with the full support of both the city and the Hollywood Sign Trust, the organization covered each letter of the sign with large banners reading "SAVE THE PEAK". On April 26, 2010, the Trust for Public Land announced it had raised enough money, with "Playboy" magazine founder Hugh Hefner stepping forward to donate the final $900,000. Hefner later gave an additional $100,000 donation. After the purchase, the parcel became an extension of nearby Griffith Park.