Times Square is the site of the annual New Year's Eve ball drop. On December 31, 1907, a ball signifying New Year's Day was first dropped at Times Square, and the Square has held the main New Year's celebration in New York City ever since. On that night, hundreds of thousands of people congregate to watch the Waterford Crystal ball being lowered on a pole atop the building (though not to the street, as is a common misconception), marking the new year. Rapper Jay Z, Chris Martin and his band Coldplay will welcome the New Year onstage at the Barclays Center in New York.
New York is famous for it's lavish New Year's parties, and 2012 will be no different, with events including Dick Clark's Rockin New Years Eve, The Radio City Christmas Spectacular, Big Apple Circus, Jersey Boys, New York Philharmonic - New Years Eve Bernstein and Gershwin at Avery Fisher Hall, Avicci at Pier 94, Armin Van Buuren with an NYE show at Pier 36 and many more. Phish will be playing at Madison Square Garden in New York from December 28th-31st.
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