Hugh Hefner’s deal to sell his iconic Playboy Mansion to his next door neighbor has unraveled faster than a bikini strap at one of his parties.
The $110 million transaction fell apart over the 90-year-old Lothario’s insistence of barring buyer Daren Metropoulos from too much access to the building, TMZ is reporting.
The scion of the investment firm billionaire C. Dean Metropoulos agreed to buy the most famous party spot on the planet in June. He already owns the decidedly-less-famous mansion next door, which he bought for $18 million in 2009.
Hefner doesn’t technically own the property, which is held in the name of Playboy’s parent company, which bought the pad from engineer Louis D. Statham in 1971.
The 22-room mansion, and its infamous swimming grotto, will return to the open market on Monday, according to TMZ.