"I'm not usually a short-dress girl," said Iman at the cocktails she hosted for the Fashion Group International award honorees Alber Elbaz and Barneys New York's Howard Socol at the Bowery Hotel on Wednesday night. "But I'd wear Alber's short dresses any day." Her choice—a ruffled magenta number from the Lanvin Spring 2008 collection—was the hit of the party, which was attended by the likes of Phillip Lim, Behnaz Sarafpour, and Narciso Rodriguez. "Of course she looks great, she's Iman," said Simon Doonan. "But I've seen Alber's clothes transform all kinds of women into Left Bank glamour-pusses."

Uptown at the Cooper-Hewitt National Design Museum, Movado threw a cocktail soirée honoring the recipients of the 2007 Future Legends Awards and the 60th anniversary of its Museum Watch. Mía Maestro, Celerie Kemble, Gilles Mendel, and Kerry Washington perused an exhibit tracing the history of the iconic timepiece, but by common consensus the real looker of the evening was award recipient Doug Letheren, a ballet dancer at the Baryshnikov Arts Center. "I decided I wanted to be a dancer when I was seven," said the modest Letheren. "Right after I discovered that I sucked at baseball."

Back downtown, Julianne Moore and Coach's Reed Krakoff hosted a party for Hunt Slonem in the artist's wildly eccentric West Village studio. The occasion? The release of Pleasure Palaces, a new book that explores the relationship between his environments—Slonem has two Louisiana plantations and a Hudson River mansion, in addition to his rambling 10th Street space—and his work. Eyeing a yellow-and-blue butterfly painting, Gina Gershon remarked, "I love it, Hunt." His reply: "We'll talk." Krakoff, meanwhile, was busy discussing his own art project, photographing Ultimate Fighters. "What these guys do is like a physical chess game," said the Coach mastermind. "I have to keep it a secret that my day job is designing purses."

— Jessica Ramakrishnan (Elbaz), Evelyn Crowley (Movado), and Nicole Phelps (Slonem)