...That the itty bitty and banal 2 bedroom apartment that all the gossips (including Your Mama) reported that itty bitty Nicole Richie and her improbably baby daddy Joel Madden recently purchased will soon be back on the market. Our source didn't know why the newly babied couple decided against shacking up in their $999,999 condo next door to a flop house on the Bowery, but maybe they realized they might need a bit more than 1000 square feet to house the nanny and Auntie Paris when she comes to visit. Or maybe Nicole came to her senses and realized pushing a Bugaboo baby buggy up and down the Bowery wouldn't be nearly as glamorous as it first sounded.
Now kids, we don't want to hear it...we know this neighborhood is well located and definitely on the upswing with the New Museum recently pioneering the area and several mid-priced condo developments opening up. However, all the cash rich carpet baggers moving into the hood will indeed still be stepping their Jimmy Choos over the homeless people who live in the SROs that line the Bowery. At least for the time being.