The 5 Best Places in NYC to Watch the New Years Eve Ball Drop

By Sam Feeder , last updated December 7, 2011

Figuring out the 5 best places in NYC to watch the New Years Eve ball drop is a tall order, as Times Square (where the famous ball actually drops live on television around the country and the world) is the self-proclaimed epicenter of the New Year's celebration. Well, at least according to New Yorkers. However, there are countless parties at bars, hotels and restaurants scattered all over the world renowned Times Square where you will be almost guaranteed to bring in the New Year right, assuming you can afford to get in the doors. Check out the list of the 5 best places in NYC to watch the New Years Eve ball drop.

Dream Hotel in Times Square

Beyond the excellent, fantasy inducing named, The Dream Hotel is a top notch, modern hotel located in Times Square with a perfect view of all the New Year's Eve festivities. While all the rooms probably offer a pretty good time with the right people and attitude on New Year's Eve, the Penthouse at the top is where the real party happens. A 2,500 square foot room designed by Jody Singleton has a Miami Beach meets French Riviera Style to it and has windows on most sides, offering extraordinary views of Manhattan. For $175 you will gain entry to the room, have access to an open bar and be able to eat from a menu for two hours before the ball drops. Considering the prices in Manhattan these days, that's not a bad deal at all.

Bourbon Street NYC

Known as the best bar in the tourist hot bed of Times Square, Bourbon Street is modeled after the Big Easy bars on the street of it's namesake, with drinks that strive to be equally as strong. There are two levels to the establishment, with a mezzanine that looks down onto the teeming main level and the chance of beads being thrown and everyone getting really crazy. Why not? It's New Years and it's warm inside. For eighty five dollars you will be allowed into the VIP room, where there will be bars that are separated from the rest of the crowds.

Royalton Hotel

Generally considered the best cash bar ticket during New Years in all of Times Square, the Royalton Hotel will let you in the door for just thirty-five dollars, allowing you to wander and revel at the multiple floors of sophistication without having to spend an arm and a leg to ring in the New Year. Get there early though, as tickets are very limited. However, if you feel like spending an arm and a leg, you can get a VIP table for four hundred dollars for two people.

Lucky Strike Lanes and Lounge

New years eve at a bowling alley? Well, Lucky Strike Lanes is more then a bowling alley, as there is a DJ, a dance floor, great drinks and good food. For $75 you will get a premium open bar for six hours, multiple bowling lanes for purchase, multiple tables if you get there early enough and a DJ spinning until 4 AM.

Madame Tussauds New Year's Eve Party

Located a half block from where the ball actually drops, meaning you'll be looking up at it, Madame Tussauds wax museum throws a huge New Years Eve party every year. For $85 you'll have eighty-five thousand feet of event space where you can wander with wax celebrities and people dressed as celebrities, hitting the open bar in between.

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