New Look for UES Porn Palace

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Penthouse publisher Bob Guccione called the 27-room mansion on East 67th Street home. But its current owner is looking to turn back time with changes that were endorsed last week by the Landmarks Preservation Commission.

The Gold Coast address, 14-16 East 67th Street, sounds like the definition of class. But the mansion, the result of combining two gorgeous homes, has the reputation for being the lair of Penthouse publisher Bob Guccione, and Upper East Siders have long thought of the site as the porn palace in their midst.

Since 2008, though, the owner has been hedge-fund biggie Philip Falcone. And last week he proved he has plans for the place. Falcone and his lawyers went before the city's Landmarks Preservation Commission and won approval for dramatic changes. However, the commission only has jurisdiction over exterior changes, and extensive demolition work is also expected to take place in the mansion's interior, ending forever the Guccione era on the Upper East Side.

Falcone recently told our friends at Gawker that the inside of the mansion had taken a turn for the worse and that the proposed changes are going to restore the mansion to something much closer to its original look. So, while the house's biggest claim to fame might be its former X-rated owners, it looks like Falcone is working on restoring this formidable property to its tamer past.

Landmarks Commission OKs Death of UES Porn Palace [NBC New York]
Upper East Side Smut Castle Ruined by Uptight Hedge Funder [Gawker]

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