Times Square vibrates with excitement as New Year's Eve approaches; premium packages priced at up to $12,500

New Yorkers are shelling out substantial amounts for exclusive New Year's Eve packages in Times Square, with prices reaching up to $12,500. This extravagant spending includes access to prime locations, food, drinks, and live entertainment, offering a unique vantage point to witness the iconic ball drop at One Times Square.

Varied packages and price range

Notable options include a $650 table at the Applebee’s US food franchise and a luxurious couples package at the Marriott Marquis priced at around $12,500. Events entrepreneur Joshua Perla has observed a surge in demand for these Times Square packages, emphasizing that consumers are essentially paying for the prime real estate and the opportunity to witness the midnight ball drop.

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Diverse offerings and experiences

Other offerings in Times Square include a $499 package granting access to the transformed AMC 42nd Street movie theatre, capped at 400 attendees. For a more extravagant experience, the Broadway Lounge at the Marriott Marquis offers a "prime couples' package" at $6,250 per person, featuring a table with a Times Square view, an open bar, dinner, and a concert by Skip Martin.

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The Renaissance New York Times Square offers tickets ranging from $1,950 to $6,500 for its R Lounge, providing a front-row view of the live ball drop. Additionally, the Times Square Edition hotel presents upscale New Year's Eve experiences with Michelin-starred Chef John Fraser, offering various packages priced between $2,500 and $3,500.

As New Yorkers gear up for a lavish New Year's Eve, these packages provide a range of experiences catering to different preferences and budgets.