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Blake Lively Sparkles with Star Power For Lorraine Schwartz

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Nov. 24 2010, Published 9:30 a.m. ET

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Blake Lively stunned onlookers in NYC Tuesday night as she attended the Lorraine Schwartz '2BHAPPY' jewelry collection launch event! The Gossip Girl star shined in a knee length gold dress accentuated with fringe and topped her look with Lorraine Schwartz jewels and Louboutins of course! Oprah Winfrey's BFF Gayle King and singing sensation Estelle also attended last night's launch.

OK! GALLERY: BLAKE LIVELY UPSTAGED BY AN EVEN BIGGER STAR

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Blake was recently spotted purchasing more than 40 pairs of the Christian Louboutin shoes at the invite-only designer sample sale in N.Y.C. last week, Footwear News reports.

Her splurge may have totaled close to $9,000!

I have sisters, so I’m getting gifts for them and for friends,” Blake said of her purchase. “Of course, I got quite a few for myself, too.”

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