Nicole Richie and Joel Madden are planning to join other celebrity parents on the East Coast.

The couple recently purchased a two-bedroom condo for $999,999 on the Bowery in New York City. Nicole, 26, decided to compromise with her East Coast-bred beau. “Joel has wanted to live in New York for a while,” an insider tells In Touch.

“Nicole has gone along with buying the place, but LA is her home.” And, even though the area is trendy, the 1,000-square-foot spot — which has been described as “very simple” and “low-key” — is tiny in comparison to the couple’s 2,274-square-foot Century City home.

Lucky 2-month-old Harlow will be a bicoastal baby! Nicole and Joel, 29, will live primarily in LA. The NYC pad “will be convenient for traveling, but this is not a permanent thing,” the pal says.

In Touch