Paris Hilton cut a radiant figure in an elegant dress when she was spotted stepping out in New York City this Wednesday. In her typical show-stopping style, the 40-year-old heiress and socialite opted for an eye-popping shade of hot pink. Her head-turning ensemble featured an asymmetrical hem and a slit up one side that allowed her to show off a bit of leg as she pounded the pavement. Hello, gorgeous: Paris Hilton cut a radiant figure in an elegant ensemble when she was spotted stepping out in New York City this Wednesday Paris wore her signature platinum blonde hair down in luxurious waves, accentuating her unmistakable features with makeup. The Simple Life star's latest outing comes after her younger sister Nicky Hilton Rothschild announced she is pregnant with her third child. Nicky already shares two little daughters - Lily-Grace, five, and Teddy, four - with her husband James Rothschild, who is the grandson of the third Baron Rothschild. Her representative broke the news of the latest pregnancy to People, disclosing that Nicky is due sometime over the summer. Legs for days: In her typical showstopping style, the 40-year-old heiress and socialite opted for an eye-popping shade of hot pink City girl: Paris wore her signature platinum blonde hair down in luxurious waves, accentuating her unmistakable features with makeup Nicky married James in 2015 in a ceremony in the Orangery at Kensington Palace with Paris serving as her maid of honor. Paris herself recently revealed that she would like to have 'probably two or three' children with her new husband Carter Reum. She told E! News' Daily Pop that she 'cannot wait' to be a mother, gushing: 'That is definitely one of my top priorities.' The Cooking With Paris star has just returned home from a jaw-dropping eight-week honeymoon after her luxe three-day wedding festivities. Plans for the future: Paris recently revealed that she would like to have 'probably two or three' children with her new husband Carter Reum Stateside again: The Cooking With Paris star has just returned home from a jaw-dropping eight-week honeymoon after her luxe three-day wedding festivities he Simple Life star shared that she wanted 'probably two or three' children 'and I would want twins first - or I don't know, it's hard to say.' Paris, who is the eldest of four siblings and has already had eggs extracted for IVF, dished: 'Like I always wish I had an older brother, 'cause I feel like if I did they would protect me and things like that...in school. So maybe a boy first.' Two months ago, shortly after Paris and Carter got married, Page Six reported he already had a nine-year-old child whom he was alleged to have only met once. He is said to have fathered the child with reality star Laura Bellizzi who featured on the short-lived VH-1 series Secrets Of Aspen. High hopes: he Simple Life star shared that she wanted 'probably two or three' children 'and I would want twins first - or I don't know, it's hard to say' Laura also briefly dated Mel Gibson, and when she became pregnant both she and Mel publicly denied rumors he was the father. After it was reported this past November that Carter was the father of Laura's child he released a statement through a spokesperson. 'The people who this story matters to have known about it for 10 years. Carter supports this child,' the statement began. 'While he does not have a traditional father-daughter relationship with her, he has provided for her since she was born, and will continue to do so.' Sister act: Paris is pictured out in New York this Tuesday with her sister Nicky, who announced through her representative that day that she is pregnant with her third child Carter, who is a venture capitalist, married Paris over the course of a three-day extravaganza including a carnival on Santa Monica Pier. The duo then embarked on an eight-week honeymoon that whisked them across Bora Bora, Moskito Island, Anguilla, London, The Maldives, and Dubai. In January of last year, before Carter had even proposed to her, Paris revealed that she had begun the process of in vitro fertilization with him. Side by side: Carter, who is a venture capitalist, married Paris over the course of a three-day extravaganza this past November featuring a star-studded guest list 'We have been doing IVF, so I can pick twins if I like,' she divulged during an interview on the Trend Reporter With Mara podcast. She shared: 'I've already undergone the egg extraction procedure. It was tough, but I knew it would be worth it. I did it a couple of times.' Paris and Carter had already been 'planning our babies' names and all of that,' she said, adding: 'Just doing it together and having a partner that is just so supportive and always makes me feel just like a princess all the time...that it wasn't that bad.' Looking fab: The Cooking With Paris star has just returned home from a jaw-dropping eight-week honeymoon after her luxe three-day wedding festivities All rights reserved for this news site (dailymail) and under his responsibility