Charlize Theron In A Plunging Neckline & Elizabeth Olsen In Valentino At The Gotham IFA’s [PHOTOS]

Wearing a black and white drop-waist dress from Gucci’s Spring 2012 collection, Charlize Theron picked up a Gotham Tribute award at IFP’s 21st annual Gotham Independent Film awards at Cipriani, Wall Street last night (November 28th) in New York City.

The Young Adult star accessorized with Fred Leighton vintage gold and diamond chain necklaces to emphasize the dress’s plunging neckline.  Theron’s costar, Patton Oswalt presented the Oscar winner with her gong, who joked, “I’m only here because I’m armpit height.”

PHOTOS: Charlize Theron In Dior At A Screening Of Young Adult

Elizabeth Olsen’s Valentino gold gown wasn’t cut properly for her figure, not to mention it washed Olsen out.

Felicity Jones, in a mint green Proenza Schouler dress, won Breakthrough Actor for her role in Like Crazy.  It was also announced yesterday that Jones will be the new face of D&G cosmetics.

Among those attending the awards were Jason Reitman, Jennifer Carpenter, Vera Farmiga, Edie Falco and Zachary Quinto. Launch the gallery to check out all the fashions from the red carpet.