If you were wondering, Kevin Federline feels "good about the penny," as he announced to a crowd of at least 25 people who gathered in Times Square yesterday. As captured by our brilliant intern-cum-videoslave Scott Kidder, the occasion was marked by inexplicable skywriting, a penny-encrusted truck, and spastic publicist control of the "crowd" (consisting mostly of depressed cameramen), and a post-promotional smoke.

Sightings are sent in by readers and posted to our Gawker Stalker Maps. Send yours to tips@gawker.com.

• Because the magazine biz definitely needs another highbrow literary magazine for New Yorkers, the Reading Room re-launches tonight with a ritzy party. Readings by Frank McCourt and Jerry Stiller. The Cervantes Institute, 211 East 49th St., 7 pm.
• Gomez hits Webster Hall, bringing their psychedelic performance for a happily baked crowd. [flavorpill]
• Tonight is the Summer Solstice, which the Jewish Community Center has apparently kidnapped from the pagans in the fight for Random Holiday Hegemony. Also, you don't see as many pagans as you used to. [Upcoming]

The Observer reports that the otherwise glistening building at 17 State Street has been having some real shit-slinging issues:

There's an AP report out yesterday afternoon revealing that the city's huge construction boom is also creating a huge city noise boom:

Sightings are sent in by readers, fact-checked by Colonel Sanders, and posted to our Gawker Stalker Map. Send yours to tips@gawker.com.

What he couldn't figure out, however, was how anyone ever — sniff, sniiff — caught on to him.

• Pat Benatar's comeback will not be ignored; she hits you with her best (only) shot tonight at Hammerstein Ballroom. [Prefix]
• Since gossip writers clearly need an ego boost these days, head over to Bubble Lounge for a reading with Deborah Schoeneman and Ian Spiegelman. Free champagne, and you have a few free hours to kill until the Angelina/Anderson interview. [Paper]
• Midsummer Night Swing takes over the plaza at Lincoln Center for an evening of outdoor dancing. Has this space become ground zero for public displays of foolishness? [Upcoming]

You're going to have to cancel your Wednesday lunch date at Michael's, just this once, because at 1:30 PM tomorrow Kevin Federline will be in Times Square (or so say the flacks — you can't expect K-Fed to know where he's going to be this far in advance). He will be joined by Sir Richard Branson, creating a Power Team driven to lobby for "penny awareness." Naturally, they'll also be promoting Virgin Mobile's Penny Texting plan, but who the hell uses Virgin Mobile? Pennies, however, are just small enough for Kevin to understand them.

Sightings are sent in by half-blind readers and posted to our Gawker Stalker Map. Send yours to tips@gawker.com.

A commenter alerts us to the MySpace profile of the charming playa at right, who happens to be Elvin Chaung, the 20-year-old Hunter College student facing charges of extortion. He only has 17 friends, but that's because he's too busy using Facebook to finagle nude pics out of remarkably unwitting young women. He may not look too clever, but he's a genius when it comes to manipulating online hotties with names like TrixieLuv69 and MizGoddess. Best of all, Elvin's MySpace profile reveals that he's a Buddhist. So if something is not given to him, he shall not take it — but if a bunch of chicks want to hand over naked photos of themselves, he's got zen clearance.

• Still feeling the Father's Day spirit? It's OK, we know you forgot to call. Pick up the phone and then, for good measure, catch the second-to-last performance of "Assisted Living," the one-man show from Sunday Styles columnist Bob Morris, about helping his 80-year-old father in the dating game. [DLounge]
• "Spasticity" is apparently a big part of tonight's dance performance over the FDR, which leaves us wondering why we weren't invited to participate. [flavorpill]
• Bryant Park's summer slew of free movies begins tonight with Hitchcock's The Birds. Enjoy some fresh air without the risk of a ridiculous sunburn. [WUNYC]

Remember Natasha Lyonne? The adorably husky actress from American Pie and Slums of Beverly Hills seemed to have skipped her DARE classes and, in the past year and a half, has threatened to molest her neighbor's dog, pissed off her landlord Michael Rappaport (who wrote about her drug den in Jane), and was hospitalized for all sorts of life-threatening, needle-related things. The last Natasha sighting we ran was in January; we didn't receive another until mid-May. But as we'd not heard much about Natasha, we weren't sure if the sighting was legit, so it was set aside for safekeeping. Then we received a genuinely disturbing Natasha account, then another, and yet one more last night. Four fucked Natashas cannot be ignored, so here they are, in order:

Sad news from across the pond today: Our Lady Tina Brown has decided that New York is no longer the center of her buzzy universe, as she believes London has eclipsed our city in all matters of coolness. Though she will soon become a U.S. citizen, Brown noted that London was "more global" than New York, which has lost some of its "mojo" since 9/11 and Bush's re-election. (No, that wasn't a typo — she really used the word mojo. No word on whether or not New York is still a bit groovy.)

Friday:
• Only Human does the Guess Who's Coming to Dinner-thing, but with a Spanish/Jewish/Palestinian twist. Hey, it's the 90s. [flavorpill]
• ABBA may be dead, but their music lives on at junior-high slumber parties. Also, at tonight's Loser's Lounge tribute. [Prefix]

We're a little behind on listing up our reader-supplied sightings in the old-fashioned manner, so we've got two old-school editions in a row. New sightings are still constantly posted to our Gawker Stalker Map, so go there for your hourly fix. In the meantime, send your stalking stories to tips@gawker.com.

• Ed Halter hosts a shindig for his new book, From Sun Tzu to Xbox: War and Video Games. Technically it's a literary event, so your girlfriend can't yell at you. [Rhizome]
• "Italo-disco-influenced synthery" and a boat? Who cares what the first part means — all that matters is you cruising around the island. Check out the Juan Maclean tonight and get your sea legs. [flavorpill]
• 10 bucks says anyone who participates in tonight's game of Capture the Flag spent every game as a kid stuck in Jail. 15 bucks says most of them will still be similarly stuck tonight. [WUNYC]

Sightings are sent in by readers and posted regularly to our Gawker Stalker Map. This is our occasional, old-school compilation. Send your questionable sightings to tips@gawker.com.

Braden Keil at the Post reports that Paris Hilton may be moving back to New York; she was recently checked out a $7.8 million condo at Trump Park Avenue, and her mother, Kathy, took a look at the same unit a few weeks earlier. Honestly, what did New York do to deserve this? Are we being punished for the subway stabbings?

• People mag has a major opportunity for you, cash-throwing advertiser — placement of your ad space near Shiloh. Dodge takes the bait. Is there anything that baby can't sell? [LeftLane]
• Without Pete Doherty, would the British press simply cease to exist? Every single day, the crackhead inspires a new, stupid story. Today, he's found Jesus. Tomorrow, he'll have found another rusty syringe. [FF]
• Just another reason to loathe Bill O'Reilly, courtesy of his 10-room Manhasset estate. [Cryptome]
• A Suicide Girl attempts to spend 7 days straight in the Fifth Avenue Apple Store (open 24 hours). If David Blaine had any thunder, this might steal some of it. [SuicideGirls]
• It's kind of sad when construction workers would rather read the WSJ than ogle your ass. [Things That Make You Go Hmmm]
• Marc Jacobs dumps his boyfriend; not even the twink's Marc Jacobs tattoo could lube the relationship. [Towleroad]
• Way up at 158th Street rests Safety City, "a special place to how to cross streets, drive bicycles, and ride in cars safely." [Amish in the City]
• An extra to-do for you tonight: John Mayer will be testing his skills at the Comedy Cellar at 11 PM. His comedy skills, that is. Panty-throwing still appropriate. [BWE]
• Eva Longoria is determined to prove that she can be just as annoying through the written word, thus her forthcoming erotic novel, to be ghostwritten by the editors of Maxim. [BookStandard]
• In their defense, only porn is going to distract Katrina victims from their problems. [CNN]
• From the creators of the Greg Gutfeld Show comes Keira Knightley's Jaw, a blog documenting exactly that. Better than Keira Knightley's Pout, which just makes you want to punch things. [Keira Knightley's Jaw]