There's a new type of 'it' crowd in New York City, and no they don't stumble out of clubs at 4am. Look down, cause we're taking about the little ones cruising the street and repping the season's most coveted threads. No longer content with just roaming the playground, these kids hit up the front rows on the regular. Think custom-made clothing and personal visits from the likes of Karl Lagerfeld. Click through to see some of NYC's most fashionable kids.

Go HERE for more pictures by Marielle Sales and tag yourself and your friends!

The French fashion house, Chanel, has taken their popular little black jacket, originally launched in 1954, and created an exhibit featuring 113 black & white photographs of celebrities adapting the unisex jacket into their own style. The one-week exhibit kicked off last night in SoHo at 18 Wooster Street with an exclusive party.

Lagerfeld collaborated with French Vogue editor, Carine Roitfeld, to create the $98 coffee table book which will be compiled of the photos from the exhibit, and titled The Little Black Jacket: Chanel's Classic Revisited. The book will be available for purchase on August 15.

[Photo: Linda Evangelista, Karl Lagerfeld] More»