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NEW YORK — Rome was revisited Saturday night at Fendi’s 80th Anniversary All Hallow’s Eve party hosted by Karl Lagerfeld, Silvia Fendi and Fendi chief executive Michael Burke. Zac Posen came as Dracula, Tinsley Mortimer was Rainbow Bright, no one dressed up as Karl Lagerfeld except Lagerfeld, and a man breathing fire came down and set part of the floor ablaze as people danced behind him.

“I never wear costumes,” Lagerfeld said, pointing to his sparkly Dior pants. “My life is about costume.” Plus, he added: “In Europe, the institution of Halloween is grotesque.” And poof, he was gone, off to pose with a demure Ashley Olsen in the VIP area and to check out the crowd, many of whom seemed to be in agreement with him and also went as themselves.

Aerin Lauder looked chic in a Burberry blazer, a vintage necklace from the Sixties and a pair of blue jeans. “I’m going as Princess Leia with my kids on Monday,” she offered. Thelma Golden, chief curator of the Studio Museum in Harlem, wearing a floral number from Tracey Reese, said simply, “I’m not a costume girl.”

Others in the domed Renaissance-by-way-of-Las-Vegas space in the former Cunard Shipping Building included Valentino (and his entourage), Tommy Hilfiger, Natalia Vodianova, Jack McCollough, Lazaro Hernandez, Camilla Al Fayed, Olivia Chantecaille and Gina Gershon.

They roamed the palazzo’s lemon trees and terraces, munched on truffled pasta and twirled on the dance floor until well past 1 a.m. The cost was rumored to be in the ballpark of $1.5 million. Fendi wouldn’t comment, but who cares? It was a fabulous party.

Meanwhile, up in Greenwich Village, Allison Sarofim re-created Studio 54 at her minimalist Bank Street town house —complete with the jean short short-clad waiters. Dennis Basso was dressed as Captain Hook, while Nina Griscom was his Peter Pan. “She keeps stealing my hook,” Basso complained.

This story first appeared in the November 1, 2005 issue of WWD. Subscribe Today.

Studio’s original denizens came dressed as themselves — although they may have been confused by the countless Warhols and Halstons who showed up. Valentino (who left later in the night to hit the Fendi party), stood near a photo of himself at the legendary nightclub — showing the designer hasn’t aged a bit since the Seventies; Baby Jane Holzer accessorized her outfit with a noseful of fake cocaine and chatted about the upcoming Edie Sedgwick film, and Anne Dexter-Jones donned a dress she’d worn to the original club. Twirling on the mirrored dance floor to the disco music were Plum and Lucy Sykes, Natalie Leeds Leventhal, Fernanda Niven, Cynthia Rowley, Tatum O’Neal and Zani Gugelmann.

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