The concept is this, give up your 2600 square foot loft for a year rent free and let Diego Paccagnella and family move in. They suffer the chaos of renovation, and use the loft as a showroom for custom Italian furnishings. When you return, you get a half a million dollars of renovations and furnishings to keep. Sound like a deal to you?

Photographed for the New York Times Home Section.

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