Last night the Victoria Secret Angels rocked the runway with Kanye and Jay-z, Dior partied for Marilyn Monroe with Coco Rocha and Jessica Stam, Love Heals held their 20th Anniversary Gala with Julianna Margulies, Dirk Standen hosted the launch of Style.com and Print's inaugural issue with guests like Lindsay Wixson, Bruce Springsteen auctioned off his guitar, PAD New York Work In Progress held their preview and so much more. Last night's parties were all about the undergarments!

[All photos by JOE SCHILDHORN for PMc]

Last night, two of the biggest names in the fashion world, Valentino and Vogue, held a cocktail party honoring New Yorkers for Children, an organization that supports young people in foster care in NYC. DJ Paul Sevigny was spinning as guests, including Erin Featherston, Geraldo Rivera, Erica Rivera, Tinsley Mortimer, Simon van Kempen, Alex McCord, and Kristian Laliberte, had the opportunity to shop with a portion of the proceeds going to New Yorker's for Children. In these troubling economic times, it's nice to see the social elite giving back to the community of New York.