Today marks the opening of the 42nd annual Kip's Bay Decorator Show House, the premier designer showcase of New York City. Set in a historic mansion on Madison Avenue, the event brings together 22 of the nations best designers and decorators and gives them creative freedom to design the most awe-inspiring interiors their minds can dream up. As we saw last week in San Francisco, bold colors, inventive wall treatments, ethnic influences, and rich textiles are all the rage, and Kips Bay is no exception. Martyn Lawrence Bullard, Alexa Hampton, and Jesse Carrier and Mara Miller of Carrier and Company are just a few of the designers who opted for bold wall treatments, while Christopher Peacock, Markham Roberts, and William T. Georgis embraced high-wattage, color-saturated looks. Darryl Carter and Edward Lobrano went tonal and textural with their designs and, let's just say, we would move right in to either of the resulting rooms. Click through the slideshow for a full tour and head to the Kips Bay Decorator Show House for more information on hours, location, and tickets. Photographs: Courtesy of Kips Bay Decorator Show House; above design by Darryl Carter.