Carmelo Anthony will soon be on the move.

No, not from the New York Knicks, whom he joined last year and signed a three-year, $67 million contact extension to become the face of the Big Apple’s NBA franchise. Instead, Melo and his reality TV star wife, La La, are out looking for a new Manhattan apartment to rent, now that their current pad at The Hit Factory has hit the market.

Carmelo Anthony and his wife, La La Anthony. Source: Zimbio

Melo rented the 3,800-square foot penthouse duplex at 421-429 W 54th St, New York, NY 10019 after his trade to New York from the Denver Nuggets last February, but there will be no lease extension now that the 4-bedroom, 3.5-bathroom condo is listed for sale for $5.75 million.

According to the New York Post, La La Anthony was spotted in the Upper East Side looking for the couple’s next NYC abode, which has to include room for their young son.

The Hit Factory is a 25-unit condo building in Columbus Circle that once housed one of the most famous recording studios in the world — a place where everyone from the Rolling Stones to Bruce Springsteen to John Lennon to Mariah Carey cranked out some of the greatest and best-selling music recordings in history.

But for Anthony, who actively sought to move his career to New York after refusing a contract extension with the Nuggets, it’s not music history he cares about. He wants to return the wayward Knicks to NBA playoff prominence, and with a contract that runs through the end of the 2014-2015 season, the All-Star knows his time in New York could be short and intense, if he doesn’t deliver.

Maybe that’s why Melo and his savvy wife, who stars on the VH1 hit “La La’s Full Court Life,” are not rushing to buy any pricy NYC real estate, but instead will continue to be renters.