This luxury hotel in Times Square hosts an exclusive, rooftop New Year's Eve party where guests are only 150 feet from the ball drop - but a box seat will run you up to $125,000

Here's what it looked like last year...

The Gold package costs $4,335 and comes with general admission to an indoor reception and free-flowing outdoor access.

Source: The Knickerbocker Hotel

For $5,425, the Platinum package earns you VIP party access, reserved seating to watch the ball drop, "ultra premium" open bar and bottle service, and a personal heater, waiter, and blanket.

Source: The Knickerbocker Hotel

But, if you want to go all out with an uninterrupted view of the ball drop, you can reserve private box seats. A box accommodates 12-25 guests and ranges from $70,000 and $125,000.

Source: The Knickerbocker Hotel

The rooftop also features the Club Macanudo Cigar Lounge.

Source: The Knickerbocker Hotel

Your guest room, however, will not feature a view of the ball and you have to pay in full at time of booking — no refunds.

Source: The Knickerbocker Hotel

With a minimum two-night stay, guests can avoid the New Year's crowd inside the hotel, which sits on the corner of 42nd street and Broadway. Don't worry, the hotel has sound-proof windows and automated black-out drapes.

Source: Conde Nast Traveler

The Knickerbocker was built by John Jacob Astor IV in 1906, who died on the Titanic just six years later. The hotel hosted many famous 20th century names including F. Scott Fitzgerald and John D. Rockefeller. It cost just $3.25 a night when it originally opened.

Source: The Knickerbocker Hotel, Business Insider

The original 1906 speakeasy hotel entrance can be found at the 42nd Street - Times Square subway station. It was frequently used by Rockefeller before the door was permanently shut — you can find it near the Track 1 Shuttle to Grand Central.

Source: Business Insider, "The Knickerbocker: The Legendary Hotel. Reborn."

The hotel claims it is the site where the martini was created. As the story goes, Rockefeller was served a drink by then-bartender Martini di Arma di Taggia consisting of gin, dry and sweet vermouth, citrus and orange bitters, garnished with a lemon twist. You can still order the original drink.

Source: Business Insider

In 1919, Jackie Kennedy's father was kicked out of the hotel lobby for skipping. Jackie was a young child then.

Source: Conde Nast Traveler

The Knickerbocker closed for a period of time after the Prohibition era and reopened in 2015. This year's NYE guests can enjoy luxurious updates including the Charlie Palmer restaurant, bar, and lounge.

Source: CNN Travel, The Knickerbocker Hotel

To kick off New Year's resolutions, guests also have access to the gym.

Source: The Knickerbocker Hotel

"What was once an annual celebration has become a global tradition, and The Knickerbocker offers guests the opportunity to experience it at the crossroads of the universe, 17 stories above the crowds," Vincent Vienne, managing director at The Knickerbocker Hotel, said in a press release. "There is simply no better way to ring in the New Year."