Playboy CEO Scott Flanders announced yesterday that he’s put the company HQ up for sublease, minonline reports.

The office space in Chicago’s North Side is floor 15 and 16 of a swank building has been occupied by Playboy since 1989; the company moved its editorial operations from New York to the Chicago building last year.

Min speculates that the company will move to Los Angeles, to be nearer to Hef, who has lived there for forty years.