Operator
Good morning and welcome to the Toll Brothers Second Quarter Earnings Conference Call. [Operator Instructions]. After today s presentation, there will be an opportunity to ask questions. [Operator Instructions]. The Company is planning to end the call at 9:30 when the market opens. During the Q&A, please limit yourself to one question and one follow-up. [Operator Instructions]. I would now like to turn the conference over to Douglas Yearley, CEO. Please go ahead.
Douglas C. Yearley
Chairman and Chief Executive Officer
Thank you, Jerome. Welcome and thank you for joining us. With me today are Marty Connor, Chief Financial Officer; Fred Cooper, Senior VP of Finance and Investor Relations; Wendy Marlett, Chief Marketing Officer; and Gregg Ziegler, Senior VP and Treasurer.
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Julian Schnabel at the LongHouse Reserve Summer benefit in East Hampton, New York. (Photo by Sonia Moskowitz/Getty Images)
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THE SCHNABEL CLAN GETS SCHNABELIER
The Next Amenity? Furnished Condos
Developers are catering to buyers who want a true move-in experience, with the furniture already in place.
The Lofts Pier Village in Long Branch, N.J., an oceanfront residential complex, is selling one- to four-bedroom apartments both furnished and unfurnished.Credit.Laura Moss for The New York Times
By Hannah Selinger
March 16, 2021
Developers looking for new ways to market apartments during the pandemic have decided that more is better, so they have begun to offer buyers furnished apartments, solving two design problems: many people are wary about shopping in stores and are also leery of the current backlogs in the home furnishings market.