In anticipation of the New Year’s Eve festivities, New York City’s iconic Times Square is buzzing with excitement as New Yorkers and tourists alike are willing to shell out up to $12,500 for exclusive party packages offered by hotels and restaurants. These packages promise a lavish experience with gourmet food, premium drinks, and live entertainment, coupled with the chance to witness the renowned ball drop at One Times Square.
As the countdown to the new year begins, New Yorkers are demonstrating their readiness to splurge on New Year’s Eve celebrations, with some extravagant packages in NYC’s Times Square reaching a staggering $12,500. Hotels and restaurants in the bustling area are offering curated experiences that include delectable food, top-shelf drinks, and live entertainment, with the added allure of witnessing the iconic ball drop at midnight.
According to events entrepreneur Joshua Perla, founder of popular event websites BallDrop.com and NewYears.com, there is a noticeable increase in the amount consumers are willing to spend on New Year’s Eve tickets that provide an exclusive view of the ball drop in Times Square. Perla emphasized that the cost is not just for the festivities but also for the prime real estate in the heart of the action.
For those seeking a unique celebration, options range from a $650 table at the renowned US food franchise Applebee’s to a luxurious couples’ package at the Marriott Marquis priced at $12,500, as reported by the New York Post. The latter includes a table with a Times Square view, an open bar, a gourmet dinner, and a concert by Skip Martin, a former member of Kool and the Gang.
The AMC 42nd Street movie theatre is transforming into a multi-floor nightlife venue with a $499 package offering access for 400 attendees, a fraction of its usual capacity. Another opulent choice is the “prime couples’ package” at the Broadway Lounge in the Marriott Marquis, priced at $6,250 per person, featuring a table with a Times Square view, an open bar, dinner, and a concert.
Renaissance New York Times Square is offering an array of experiences, with tickets for the R Lounge ranging from $1,950 to $6,500. The R Lounge promises a front-row “iconic view of the live ball drop and the revelers around you,” according to Perla.
The Times Square Edition hotel, in collaboration with Michelin-starred Chef John Fraser, is presenting two upscale New Year’s Eve experiences. The first, priced at $3,500 per person, offers a seven-course dinner with a curated wine pairing, a five-hour open bar, live music, a midnight champagne toast, and VIP access to the live ball drop. For a more affordable option at $2,500 per ticket, the “Garden Party” includes canapés, an open bar with specialty cocktails, live music, a midnight champagne toast, and exclusive VIP access to the live ball drop, making it a slightly more accessible yet still extravagant choice for welcoming the new year.