where can baby sleep?

Ah
we dont have room in our room for a bassinet or rock n play. and its not safe to put baby in the same bed with us. can he sleep in his crib (in the nursery) from day one? its right next to our room and of course we'd have baby monitors. 
im just wondering what some other moms have done? ill be breast feeding and i know it's probably easier to have him in our room but space wise it just wouldnt work.