New Year’s in Times Square Can Cost You $1,700

All over the city, “open bar” is the name of the game on New Year’s Eve. It makes sense: on the biggest party night of the year, bars and restaurants want you to commit to staying there. And since many people will overestimate their alcohol tolerance and underestimate the lines (or forget that tips are not included), an open bar can feel like a great deal.

There are certainly some reasonably priced covers scattered around the city, but you would be hard pressed to find them near Times Square this year. There, major chains are getting in on the action by charging triple figure covers for an all inclusive night with dinner, drinks and a (usually obscured) view of the ball drop. Olive Garden’s New Year’s dinner buffet and bar will cost you $400 a head, Bubba Gump Shrimp is $799, and Ruby Tuesday goes up to $1699 for the exclusive “couple’s table.” Maybe people got word that the recession is over – Bubba Gump Shrimp has sold out at least, according to their website.

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