Bob Guccione's town house sold for $49M

Published: March. 6, 2008 at 6:04 PM
Bob Guccione opens a Penthouse Executive Club in New York

NEW YORK, March 6 (UPI) -- A New York City town house that belonged to former Penthouse magazine publisher Bob Guccione reportedly was sold by his creditors for $49 million.

The New York Post said Wall Street financier Philip Falcone paid the price for the 27-room Manhattan mansion, which was seized and sold by Guccione's creditors.

"It's got everything but the girls," a broker who toured the property quipped to the Post.

© 2008 United Press International, Inc. All Rights Reserved.
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