Nicole and Joel Buy NYC Condo

March 6, 2008 By:
Nicole and Joel Buy NYC Condo

Who needs a job when you have a rich daddy? Nicole Richie and her baby daddy Joel Madden purchased a $999,999 two-bedroom, two-bath condo in NYC.

The 1,000 square-foot 11th-floor pad "is very simple, nothing high-design," the building's senior agent Shelley O'Keefe for Corcoran Group Marketing told Page Six. "It's low-key and was sold unrenovated."

The couple plans on being bi-coastal, so they'll be spending half the year in NYC and the other half in sunny California. Three words: Must-Be-Nice!