This is where the magic happens. And we're not just talking about the seven Novogratz offspring. Since they first "vertically enlarged" this townhouse back in 2009, the Novogratzes have used their West Street home as a showroom for clients and as a springboard for new ideas, including the Novogratz Signature Indoor Basketball Court! Of course they'll willingly part with it for $18.5 million.

The Novogratzes definitely have a "thing" for Little Italy, having designed two townhouses on Centre Market Place. Unfortunately for 1 Centre Market Place, the "thing" was more like a "fling" as the interiors were hardly touched by the Novogratz clan we know and love. Judge for yourself, but this one's on the market and its mundane design might explain why Million Dollar Listing broker Ryan Serhant just slashed the price by $2 million.

In a move that shocked the interior design world, Bob and Cortney traveled east of 1st Avenue in 2009 to get their hands on the townhouse at 238 E 4th St, which was ultimately divided into a penthouse and lower-level unit (with garage). Neither unit has a basketball court, and the design is arguably more minimalistic than the typical Novogratz aesthetic. Regardless, Bob and Courtney must have worked their magic consistently as the two units were almost sold together in late 2012.

This Soho townhouse was once owned by now-retired NBA center Zydrunas Ilgauskas, which can only mean one thing: irony! That's right, this house appears to have never had a Novogratz Signature Indoor Basketball Court, but it does have an atypically rustic feel (following a few upgrades by Ilgauskas' wife) and 17' tall ceilings—all in all, a perfect habitat for over-sized persons from Lithuania, or for a stack of Novogratzes.

Bob and Cortney named their kids Wolfgang, Bellamy, Tallulah, Breaker, Five, Holleder, and Major. Does this mean the Novogratzes have an insatiable desire to see their children lead tortured lives? We'd rather not speculate. Do they at least have a favorite child they're willing to nurture? Not on record (although Five and Tallulah are homeschooled). But what's obvious is that 5 Centre Market Place got a whole lot more love from Mama and Papa Novogratz than younger brother 1 Centre Market Place. How do we know? Novogratz Signature Semi-Indoor Basketball Court!

Like the Novogratz townhouse on West Street, we wish all Novogratz projects were like this: fun, colorful, and adorned with eroticized cats. They designed it for a pair of surfing sisters for the first episode of "Home by Novogratz" on HGTV. We'd suggest you check this surfer's pad out for yourself, but it's located in the Rockaways and its exact address is unknown. Of course, you could also pick-up your own run-down New York beach house and do the same thing.