According to the E! report, Kardashian and Humphries have already been spotted around town looking at places in Chelsea.
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Humphries, who lives in Hoboken, has made it known that he'd like to move closer to the city as the Nets will move into Barclays Center in Brooklyn in 2012.
For her part, Kardashain will stay involved with the latest branch of her family's fashion boutique, Dash, which opened in Soho last fall. Her new E! reality show, "Kim and Kourtney Take New York, premiers January 23.