Despite both receiving nominations for the coveted fashion title 'Model of the Year' ahead of this year's British Fashion Council Awards, it appears there's little sibling rivalry between Gigi Hadid and Bella Hadid when it comes to taking their fashionable assets off the catwalk.

Last night, the Hadid sisters joined former model mother Yolanda Foster in New York City to attend the Karl Lagerfield V Magazine Party at The Standard and brought the high-octane glamour to the star-studded occasion.

For the party, Gigi wrapped up against the blistering cold NYC weather in a long grey belted Chanel coat and a thick grey turtleneck sweater, while her sister sported a black leather coat with tan leather lining and a large Chanel belt.

Gigi Hadid | ELLE UKpinterest
Getty Images

Ahead of the festivities, Bella and Gigi escaped the paparazzi and created their own mini photoshoot inside the lift of the W hotel.

In a snap shared on Bella's Instagram, the 21-year-old can be seen leaning against the interiors of the lift to take the picture, while her 22-year-old sister lifts her long blonde ponytail in the air and curves her body to strike a pose.

She captioned the snap: 'Forever and ever and ever and ever and ever and ever...'

instagramView full post on Instagram

Well, this sure beats that awkward lift conversation we have on a daily basis at work...

During the evening, the Hadid duo caught up with fellow model Joan Smalls and 'momager' Kris Jenner and were spotted chatting away with Lagerfeld on numerous occasions.

Gigi Hadid and Bella Hadid | ELLE UKpinterest
Getty Images
Bella Hadid | ELLE UKpinterest
Getty Images

Last month, Bella - who is rumoured to be dating Canadian rapper Drake - opened up about the lack of sibling 'rivalry' with Gigi and told Harper's Bazaar Arabia: 'Most of the time our markets are completely different.

'And if we get booked on a job and she gets it or I get it, we're both happy for each other,' she added.

Hadid family | ELLE UKpinterest
Getty Images

Last year, older sister Gigi won 'International Model of the Year' so, will it be lucky number two for the Californian beauty or or a first-time win for Bella?

Place your bets!