heels Penelope Cruz Piaget
heels Piaget Alec Baldwin Hilaria Thomas

Penelope Cruz looked drop dead gorgeous in an off-the-shoulder purple lace dress and sexy heels as she hit the red carpet for the premiere of her newest Woody Allen flick, To Rome With Love, in NYC on Wednesday evening.

The stunning star plays a prostitute in the upcoming film, and she nabbed an Oscar for her first collaboration with the famed director in 2008's Vicky Cristina Barcelona.

Cruz was definitely gushing over Allen at the premiere, telling reporters: "I would love to work with him 20 times. I'm fascinated by his personality. Even a day of press, which is not my favorite part of this job, he makes it so interesting and so fun," while Woody called her "one the great movie stars of the world."

Despite the drama surrounding his recent run-in with a photographer, Alec Baldwin was all smiles at the film's premiere, while he proudly showed off his new fiancee, Hilaria Thomas. The pair must be gearing up to tie the knot soon, because Baldwin was picking up his marriage license when the photog drama went down!

To Rome With Love opens nationwide on June 22.