I saw that episode as well but I thought the budget was 7,000 not 70,000. I absolutely detested the design but then again I am not too keen on the Novogratz's design style anyway. I thought the sectional sofa, which I guess was a Danish style, looked terribly uncomfortable. I hated the coffee tables, the tiki bar was okay but the one stool was ridiculous and looked ratty to boot!
I just can't warm up to them as a whole... they've got that whole gaggle of kids who always look so unkempt. They must do alright, though, because their NYC apartment must have set them back a bundle (if they own it) and if they rent, the rent is surely steep!