The Real Deal New York

From the August issue: What happens when a multi-million-dollar Hamptons spec home gets caught in the crosshairs of an economic downturn and ends up sitting on the market? Naturally, the developer looks to rent it out for the season. With more speculative homes going on the rental block as buyers become scarce, spec builders are facing a new challenge: interior design. Brokers, developers and decorators in the Hamptons say they are increasingly in the market for sofas, coffee tables, armoires and beds to fill their empty spec homes.