James Franco blended in on the Lower East Side this week by looking “kind of homeless and totally gorgeous,” according to a spy who saw him dining with a female friend at Fatta Cuckoo. Franco was also “totally bro-ing down” with the owners of the shoebox-size Italian eatery and talking about studying at the Rhode Island School of Design (one of the seemingly infinite institutions of higher learning he attends). The Cuckoo crowd was clearly im pressed with Franco, to be henceforth dubbed “hot and homeless-looking.” Our spy said, “He’s clearly a smart dude. The world needs to know.”