By James Paladino/ ( | First Posted: Dec 31, 2012 09:38 AM EST

Workers install a panel with some of the new Waterford Crystal triangles with this year's "Let There Be Peace" design on the Times Square New Year's Eve Ball atop One Times Square in New York (Photo : Reuters)

Tonight, New Yorkers and visitors from all over the world will gather in Times Square for the lowering of the New Years ball to usher in 2013 with style.

As per tradition, Dick Clark's Primetime New Year's Rockin' Eve will headline the event, showcasing performers on both the East and West Coast.

In the city, Taylor Swift, Neon Trees, and Carly Rae Jepsen will own the stage, while the West Coast will welcome Fergie, One Republic, Karmin, Pitbull, Flo Rida, and Brandy. The West Coast performers will debut at 8:00pm, and host Ryan Seacrest is set to kick off the East Coast coverage at 10:00 p.m.

The first New Year's celebration in Times Square took place in 1904, the year that the first subway line opened. "An all-day street festival culminated in a fireworks display set off from the base of the [Times] tower , and at midnight the joyful sounds of cheering, rattles and noisemakers from over 200,000 attendees could be heard, it was said, from as far away as Croton-on Hudson," reads the event's official site.

For television coverage, tune into ABC. Click here for official New Year's iOS and Android apps. 

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