• New Year's Eve

An estimated one million people crowd into sectioned-off quarters of Times Square every year to see the famous countdown and ball drop on New Year's Eve.

But that's not the only way to enjoy the celebratory night in person. You can experience an exclusive party at The Knickerbocker Hotel's St. Cloud rooftop, just 150 feet from the ball drop — if you're willing to pay at least $4,335.

The hotel sits on the corner of 42nd street and Broadway, giving guests the Times Square experience without the crowded streets. The site was built in 1906 by Jacob Astor IV, whose family line is also responsible for several other properties in New York City, including the St. Regis Hotel.

The Knickerbocker Hotel claims several historical moments happened within its walls, including the creation of the first-ever martini and the debut of the red velvet rope to help control dinner crowds.

But one of its most luxurious creations is an exclusive rooftop experience to ring in the new year. Check out what up to $125,000 could buy you on New Year's Eve at the historic hotel.

See the rest of the story at Business Insider