Exciting news for Nicky Hilton! The 32-year-old heiress reportedly welcomed a healthy baby girl with her husband, British banker James Rothschild, on Friday in NYC. According to Entertainment Tonight, the happy couple gave their new daughter the beautiful name Lily Grace Victoria, and was surrounded by family when she arrived. Nicky announced that she was expecting in January and revealed it would be a little girl a few months later. So cute! Now who wants to start taking bets on how many adorable gifts Lily's Aunt Paris will shower upon her new niece?