501 Seventh Ave between 37th and 38th Sts, suite 300. Subway: A, C, E, 1, 2, 3 to 34th St–Penn Station. Red-carpet–worthy threads are up to 70 percent off. Silk chiffon frocks with beaded cuffs are $325 (were $2,530), sequin minidresses are lowered from $2,530 to $350, and V-neck chiffon gowns are tagged $425 (retail $5,775).
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