Who needs a silver spoon when you've got three bedrooms, right?
The newborn will soon have a crib to call home in New York City, London and his famous father's current home in Los Angeles.
While Eric's nursery in the Big Apple is said to be complete, finishing touches are still being put on the other two.
"Simon's sparing no expense," a source tells us.
"He's obsessed with the baby. When the baby's around, Simon's constantly kissing, holding and patting him. He's really enjoying fatherhood." Aw!
The music mogul has been documenting his son's first days nonstop via Twitter.
"Mum, Dad and Eric. Now two days old," he captioned one heartwarming black and white photo of the new family of three at a New York City hospital.
"…. now you can see how very handsome little Eric is," the 54-year-old Brit wrote along with a peaceful close-up of Eric resting.
"The last three days have been incredible," Simon wrote on Monday.
He also shared a pic of little Eric cuddling up with a few stuffed animals, or as Simon calls them, "Eric's new friends."
And it looks like Eric's going to need to do quite a bit of globetrotting to visit all of his new homes.
Simon and Lauren actually stopped by a New York City court this morning to obtain a passport for their new bundle of joy.
What a jetsetter!