According to
TimesSquare.org, the inaugural celebration in Times Square was in 1904, which commemorated the opening of the subway system and The New York Times building, at the intersection of 7th Avenue, Broadway and 42nd Street. More than 200,000 crowded into Times Square.
In 1942 and 1943, the New Year's Eve Ball dance was temporarily retired due to the World War II "dimout" of lights in New York City. Crowds in Times Square greeted the New Year with a minute of silence followed by chimes ringing out.
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