Kevin Federline's baby mama is asking $4.995 million for her penthouse loft in the famed Silk Building on E. Fourth St. in NoHo. She originally put it on the market last summer for $6 million, then cut the price to $5.25 million. Now she's slashing the price once again. (Hear that folks? $4.995 million! Spring liquidation! April closeout of her entire stock! No fetus left behind!! EVERYTHING must go!!!) Oh, and the New York Daily News made a funny:

It's equipped with a chef's kitchen loaded with sleek stainless steel appliances. And it's said to be perfect for "grand entertaining" - surely something along the lines of Spears' post-wedding bash that featured male guests in "Pimps" tracksuits.

—NH

You Can Buy Brit's Crib [NYDN]