Date: Monday, December 31
Time: 10 p.m.
Location: Naumburg Bandshell, Central Park
Perfect For: Betting your friends shots of alcohol on who wins the race

With a DJ kicking things off at 10 p.m. and a costume contest at 11, there's no shortage of things to do while you're waiting for the race to start. The actual race begins at midnight, with a fireworks display. If you're in good shape (and are sober enough) you can pay the entrance fee and try your hand at winning the $500 first place prize. On the other hand, you can just hang out and take in the late-night weird for free.