The "Ball Drop" is a famous event that takes place in Times Square, New York City, on New Year's Eve. At midnight, a large illuminated ball descends from a flagpole atop the One Times Square building, marking the start of the new year. This tradition began in 1907 and has since become a symbol of celebration and renewal. The ball itself is made of crystal and weighs approximately 11,875 pounds. It is adorned with 2,688 Waterford crystals and is illuminated by 32,256 LED lights. Millions of people gather in Times Square to witness the countdown and the ball's descent, while millions more watch the event on television.