Which New Year's Eve event in New York City has featured a ball drop from One Times Square since 1907?

New York City's New Year's Eve event featuring a ball drop from One Times Square is the Times Square Ball Drop. The first ball descended there on December 31, 1907, welcoming 1908.

The event was created for the New Year's celebration organized by the New York Times after the newspaper moved its headquarters to the newly named Times Square. The original ball was made of iron and wood and illuminated with electric bulbs. Later versions became larger, brighter, and more technologically elaborate.

The ball is lowered during the final minute of the year and reaches the roof at midnight. The modern event includes musical performances, confetti, and a large crowd, but the location is the key identifying fact. The ball itself is not dropped freely; it is controlled as it descends a pole on the building's flagpole.