Often called the "Oscars of fashion," the Met's Costume Institute Gala in New York City brought out all the big name stars last night, including style mavens like Beyonce, Blake Lively, Katie Holmes and Jennifer Lopez.

"This is one of the best years for the gala," said Vogue magazine's André Leon Talley. "It's so relaxed. Everyone is at ease."

Check out more hot pics from the star-studded event in Stylelist's lux gallery.