Stars turned out for the “First Look” grand reopening celebration of The New Museum on the Bowery in New York last night, co-hosted by Calvin Klein. The New Museum will open its new building on the Bowery to the public on Saturday, December 1, 2007.

Ashley Olsen wears a tight fitting leather jacket and while I don’t think just anyone could get away with the look, she’s so tiny, it’s a perfect fit for her.

Always fashionable Ali Larter wore a grey jersey dress from the Calvin Klein Spring 2008 collection. 

Thandie Newton looks fabulous in this Calvin Klein sleeveless knitted dress from the Fall 2007 collection.