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Live From Times Square: New Year\'s Eve

Thinking about spending the last few moments of 2012 in Times Square? Yes, it's a New York tradition, the first gathering having taken place in 1904. But for the 2012-13 party, it's probably already too late.

Last year, all pedestrian areas from 43rd to 47th Street were full by 1:30 p.m., according to The Times Square Alliance. By 9 p.m. you couldn't get into view of the ball drop from as far north as 58th Street. It should be noted that there will be no food vendors available tonight, and no public toilets either.

Enough said.

Tune in here instead, where we'll be featuring the official webcast of the celebration. Scheduled performers include Taylor Swift, Carly Rae Jepsen, Neon Trees and Psy. For more information and a full schedule, go to TimesSquareNYC.org. The party begins at 6 p.m. and continues for over 6 hours.

Happy New Year from City Room.