Karl Lagerfeld threw a party in New York City last night to celebrate the re-opening of the Chanel Soho boutique.

Many stars donned their finest Chanel garbs for the event.

First up my girl Blake Lively.

Judging by this picture its clear Blake didn’t want anyone making comments on her famous assets.

Normally you are crying out for her to cover up both her legs and her boobs.

She heard you loud and clear.

I love that she’s showing us a different side to her in this striped sequined Chanel Fall 2010 Couture dress.

It’s totally unexpected. I would’ve thought she’d pick a Resort 2011 piece, as that collection appears made for the Californian actress.

My only problem with this look is the shoes…again.

Her ankle strap Louboutin’s are so clunky for this Couture dress.

With high necklines I usually prefer a pony, but Blake sports ponytails so often on the red carpet that I’m relieved she didn’t on this occasion.

Credit: Style.com & INFPhotos