Nicole Richie and her baby daddy Joel Madden have a new home in New York City. Joel and Nicole shelled out $999,999 for a two-bedroom, two-bath downtown condo as their primary residence.

The new pad is evidently 1,000 square-foot and on the 11th-floor pad. The realtor says the new Richie-Maddon pad "is very simple, nothing high-design."

Nicole is coming to New York for a stint in Chicago on Broadway. Their new pad is on the same block as such clubs as BLVD and Crash mansion.