This live feed is in Times Square for the New Year's Eve festivities:
Times Square New Years Eve Live
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)
A new energy-efficient LED ball, celebrating the centennial of the ball drop, debuted for the arrival of 2008. The 2008/2009-ball, which was dropped on New Year's Eve (Wednesday, December 31, 2008) for the arrival of 2009, is larger and has become a permanent installation as a year-round attraction, being used for celebrations such as Valentine's Day and Halloween. On average, about 1 million revelers crowd Times Square for the New Year's Eve celebrations. However, for the millennium celebration on December 31, 1999, published reports stated approximately two million people overflowed Times Square, flowing from 6th Avenue to 8th Avenue and all the way back on Broadway and Seventh Avenues to 59th Street, making it the largest gathering in Times Square since August 1945 during celebrations marking the end of World War II.