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Hollywood hasn’t had much to party about lately, but this past weekend it made up for some lost time. While the music crowd spent Saturday night at various pre-Grammy events, a more refined group gathered at the Los Angeles County Museum of Art campus for a dinner unveiling the new Broad Contemporary Art Museum. BCAM, as the Renzo Piano-designed building is known, is the result of a $60 million bequest from Eli Broad, and houses part of his massive postwar art collection, including works by John Baldessari, Richard Serra, Jeff Koons, Andy Warhol, Jasper Johns and Ed Ruscha.

Among those who gathered for cocktails and dinner in a 22,000-square-foot white ultrasuede tent were Tom Cruise, Katie Holmes, Dustin Hoffman, Owen Wilson, Christina Aguilera, Rita Wilson, Steve Martin, Dennis Hopper, Anjelica Huston, James Spader, Frank Gehry and Richard Meier.

This story first appeared in the February 12, 2008 issue of WWD.  Subscribe Today.

Rita Wilson, who came with her other Tom — Ford — wore cream Lanvin, topped by her own Ann Demeulemeester fur. “I keep asking Tom to make a dress for me, but I suppose he needs an atelier to do that. Oh well, I’d rather shop with him,” she laughed.

California’s First Lady, Maria Shriver, also took a DIY approach to dressing for the night, pairing a Marchesa gown with her own leather jacket. “I just threw this on top. You know me, I’m so artsy,” she joked.

During dinner, Lionel Richie performed “All Night Long,” which even got Los Angeles Police Commissioner William Bratton’s toes tapping, and socials Crystal Lourd, Jamie Tisch, Elizabeth Wiatt and Colleen and Maria Bell dancing.

But the biggest gasps came afterward, when one wall of the tent dropped to reveal BCAM dramatically lit up on the other side. “It makes quite an impression at night,” said Meier.

Things were far less dramatic in Manhattan the night before, when Marc Jacobs closed fashion week with his traditional blowout at 24 Fifth. What used to be the hottest ticket of the New York season has devolved into a hipster bash for Jacobs’ (mostly unknown) friends and fans. Yes, the designer’s bold-faced loyalists — Kims Lil’ and Gordon, Terry Richardson and Michelle Trachtenberg — showed up, as did M.I.A., who DJed (she is also in the Marc by Marc Jacobs ad campaign). Jacobs himself arrived with an entourage including boyfriend Jason Preston and gay porn star Eric Rhodes.

But the rest of the crowd couldn’t really be categorized as industry insiders. One unknowing fan even asked Juergen Teller to snap a picture of her and Jacobs. “No wonder he laughed at me,” she said with a giggle when told who Teller was. Still, it seems a shred of exclusivity remains. When soap-star-turned-reality-TV-hostess Finola Hughes showed up, she was turned away. “She didn’t have an invite,” organizers explained.

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