Penelope Cruz flaunts cleavage in black Chanel gown for Official Competition screening in NYC

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Oscar winner Penélope Cruz glammed up for the Tribeca Film Festival premiere of her film Official Competition in Lower Manhattan on Tuesday.

The Spanish 48-year-old flaunted substantial cleavage while posing on the red carpet outside the BMCC Tribeca Performing Arts Center.

Penélope looked fabulous in a single-sleeved black sparkly Chanel gown with a matching quilted clutch and peep-toe heels selected by stylist Cristina Ehrlich.

Looking like a million bucks!  Oscar winner Penélope Cruz glammed up for the Tribeca Film Festival premiere of her film Official Competition in Lower Manhattan on Tuesday

Looking like a million bucks! Oscar winner Penélope Cruz glammed up for the Tribeca Film Festival premiere of her film Official Competition in Lower Manhattan on Tuesday

Cruz (born Sánchez) has been an official Chanel brand ambassador for several years, but she began working with the luxury French fashion house as far back as 1999.

The 355 action star finished off her dazzling look with a bright red mani-pedi as well as a Chanel diamond choker and a star-spangled bauble on her left ring finger.

Penélope had a freshly-blown out natural mane, and she wore false lashes and a peachy gloss on her pout.

In Official Competition – hitting US theaters this Friday – Cruz wigged out with a massive red curly hairpiece in order to better portray avant-garde Palme d’Or-winning director Lola Cuevas.

God-given assets: The Spanish 48-year-old flaunted substantial cleavage while posing on the red carpet outside the BMCC Tribeca Performing Arts Center

God-given assets: The Spanish 48-year-old flaunted substantial cleavage while posing on the red carpet outside the BMCC Tribeca Performing Arts Center

Ooh la la!  Cruz (born Sánchez) has been an official Chanel brand ambassador for several years, but she began working with the luxury French fashion house as far back as 1999

Ooh la la! Cruz (born Sánchez) has been an official Chanel brand ambassador for several years, but she began working with the luxury French fashion house as far back as 1999

Instead of her wedding ring: The 355 action star finished off her dazzling look with a bright red mani-pedi as well as a Chanel diamond choker and a star-spangled bauble on her left ring finger

Instead of her wedding ring: The 355 action star finished off her dazzling look with a bright red mani-pedi as well as a Chanel diamond choker and a star-spangled bauble on her left ring finger

Fierce after 40!  Penélope had a freshly-blown out natural mane, and she wore false lashes and a peachy gloss on her pout

Fierce after 40! Penélope had a freshly-blown out natural mane, and she wore false lashes and a peachy gloss on her pout

‘I feel grateful to bring a movie that we did during Covid, which we had to stop for six months – and that’s a long time,’ the Emmy nominee told W Magazine on Monday night.

‘We thought maybe it would fall apart since we were one month away from finishing. Now, we’re able to bring our movie everywhere, around the world!’

Penélope has changed her approach to acting since welcoming two children – son Leonardo, 11; and daughter Luna, nearly 9 – with her husband of nearly 12 years, Oscar winner Javier Bardem.

Hitting US theaters this Friday!  In Official Competition, Cruz wigged out with a massive red curly hairpiece in order to better portray avant-garde Palme d'Or-winning director Lola Cuevas

Hitting US theaters this Friday! In Official Competition, Cruz wigged out with a massive red curly hairpiece in order to better portray avant-garde Palme d’Or-winning director Lola Cuevas

The Emmy nominee told W Magazine on Monday: 'I feel grateful to bring a movie that we did during Covid, which we had to stop for six months - and that's a long time.  We thought maybe it would fall apart since we were one month away from finishing.  Now, we're able to bring our movie everywhere, around the world!'

The Emmy nominee told W Magazine on Monday: ‘I feel grateful to bring a movie that we did during Covid, which we had to stop for six months – and that’s a long time. We thought maybe it would fall apart since we were one month away from finishing. Now, we’re able to bring our movie everywhere, around the world!’

'I used to think that the more I suffered, the better the performance was going to be': Penélope has changed her approach to acting since welcoming two children - son Leonardo, 11;  and daughter Luna, nearly 9 - with her husband of nearly 12 years, Oscar winner Javier Bardem (R, pictured March 27)

‘I used to think that the more I suffered, the better the performance was going to be’: Penélope has changed her approach to acting since welcoming two children – son Leonardo, 11; and daughter Luna, nearly 9 – with her husband of nearly 12 years, Oscar winner Javier Bardem (R, pictured March 27)

Cruz told W: 'But once I had my kids, I decided to work more with my imagination and less by forcing anything from my real life.  In my 20s or in my 30s, before I was a mother, I would force a little bit my personal traumatic experiences.  Now, I feel like that doesn't necessarily make the result better - but it does make your life more healthy to separate fiction and reality'

Cruz told W: ‘But once I had my kids, I decided to work more with my imagination and less by forcing anything from my real life. In my 20s or in my 30s, before I was a mother, I would force a little bit my personal traumatic experiences. Now, I feel like that doesn’t necessarily make the result better – but it does make your life more healthy to separate fiction and reality’

‘I used to think that the more I suffered, the better the performance was going to be,’ Cruz told W.

‘But once I had my kids, I decided to work more with my imagination and less by forcing anything from my real life. In my 20s or in my 30s, before I was a mother, I would force a little bit my personal traumatic experiences. Now, I feel like that doesn’t necessarily make the result better – but it does make your life more healthy to separate fiction and reality.’

The Parallel Mothers actress was joined at the premiere by co-writer Andrés Duprat, directing duo Mariano Cohn and Gastón Duprat, as well as her frequent castmate Antonio Banderas.

Group shot!  The Parallel Mothers actress was joined at the premiere by co-writer Andrés Duprat (L), directing duo Mariano Cohn (M) and Gastón Duprat (R), as well as her frequent castmate Antonio Banderas (2-R)

Group shot! The Parallel Mothers actress was joined at the premiere by co-writer Andrés Duprat (L), directing duo Mariano Cohn (M) and Gastón Duprat (R), as well as her frequent castmate Antonio Banderas (2-R)

Spanish twosome: Official Competition marks the acting pair's third onscreen collaboration after co-starring in Spanish filmmaker Pedro Almodóvar's 2019 drama Pain and Glory and 2013 musical comedy I'm So Excited!

Spanish twosome: Official Competition marks the acting pair’s third onscreen collaboration after co-starring in Spanish filmmaker Pedro Almodóvar’s 2019 drama Pain and Glory and 2013 musical comedy I’m So Excited!

For an upcoming role?  The 61-year-old Oscar nominee rocked tiny goatee

He was dressed in a gray suit over a white collared shirt and black dress shoes

The 61-year-old Oscar nominee rocked tiny goatee and was dressed in a gray suit over a white collared shirt and black dress shoes

Film within a film: In the critically-acclaimed showbiz satire, Antonio plays international movie star Félix Rivero in stark contrast with Oscar Martínez's (R) respected thespian Iván Torres

Film within a film: In the critically-acclaimed showbiz satire, Antonio plays international movie star Félix Rivero in stark contrast with Oscar Martínez’s (R) respected thespian Iván Torres

Official Competition marks the acting pair’s third onscreen collaboration after co-starring in Spanish filmmaker Pedro Almodóvar’s 2019 drama Pain and Glory and 2013 musical comedy I’m So Excited!

The 61-year-old Oscar nominee rocked tiny goatee and was dressed in a gray suit over a white collared shirt and black dress shoes.

In the critically-acclaimed showbiz satire, Antonio plays international movie star Félix Rivero in stark contrast with Oscar Martínez’s respected thespian Iván Torres.

Gents' night out: Penélope appeared to have skipped the after-party, which was held at nearby Tribeca steakhouse, American Cut

Gents’ night out: Penélope appeared to have skipped the after-party, which was held at nearby Tribeca steakhouse, American Cut

Cocktail hour: Antonio held court in a booth with his martini while chatting up the Argentine filmmakers

Cocktail hour: Antonio held court in a booth with his martini while chatting up the Argentine filmmakers

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