Playboy Mansion For Sale But Hugh Hefner Wants To Stay Put

LOS ANGELES (AP) — The Playboy Mansion is up on the market however longtime resident Hugh Heffner needs to remain put.
Playboy Enterprise introduced the West Los Angeles property, the backdrop of many movie shoots and wild events, was listed on Monday for $200 million.
The 5-acre property options 29 rooms, a game home, house theater, wine cellar and the well-known swimming pool with a cave-like grotto the place Playboy bunnies partied with celebrities. The mansion additionally comes with a uncommon zoo license.
As a situation of the sale, journal founder Hefner would get to proceed dwelling there as he has because the firm purchased the mansion 45 years in the past for simply over $1 million, firm spokesman John Vlautin stated.
The sale comes as Playboy, which has been has seen its circulation plunge because it competed with extra sexually specific magazines and on-line porn, seeks to reinvent itself. In October, the journal that helped launched the sexual revolution, introduced that it’ll cease operating pictures of utterly bare ladies in its U.S. print version. The transfer adopted a choice in August 2014 to ban full nudity on its web site.
Playboy CEO Scott Flanders says the sale would assist the corporate “reinvest within the transformation of our enterprise” whereas permitting the 89-year-old Hefner to proceed dwelling there.
“The Playboy Mansion has been a artistic middle for Hef as his residence and office for the previous 40 years, as it should proceed to be if the property is bought,” Flanders stated in a press release.
Hefner initially named a house he purchased in Chicago in 1959 the Playboy Mansion, however he ultimately made the Los Angeles property, which he dubbed Playboy Mansion West, his everlasting residence.
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(Photograph Source: AP)
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