Gothamist doesn't really like New Years Eve, it's overhyped and too expensive. So short of suggesting you just stay at home here's a little list of things you could do to ring in '05.
We love Marc Ribot and he'll be playing at Tonic as the ball drops.
There are still tickets left for Wilco, Flaming Lips and Sleater-Kinney at MSG [we know, not below 14th]. As well as for Patti Smith at Bowery.
Gothamist's choice: Asobi Seksu, Other Passengers, The Winter Pageant, Levy, Stylofone, Autodrone at Mercury Lounge.
For the glitter and white powder head to Motherfucker New Years Eve Ball 2005 with the Bravery (who play at 3am). Print this out for reduced admission, although you may want to buy tickets in advance. Or there's always Misshapes which will be held at the Tribeca Grand Hotel. Live performances by Peaches and V.I.P.. The tickets are $99, but there's a gift bag!
If you're going to be in Brooklyn we suggest Crashin' In at Supreme Trading in Williamsburg with live performances by Beans and Mommy and Daddy. DJ's Gordy from Bloc Party, Blake from Moving Units and more.
If you'd rather just sit back and watch kung fu there's only one place to do that this New Years (we think) and that's at Two Boots Pioneer Theater for Bruce Lee and Beyond: New Year's Eve Triple Bill.
You can never go wrong with good friends, some dinner and drinks at a bar, and if that's your thing here are some places to check out:
12" Bar [179 Essex St]: 10 bucks gets you one drink ticket, champagne toast, food, 3 deejays and noisemakers!
Pianos [158 Ludlow St]: 10 bucks gets you in and 70 bucks gets you open bar and food from 9pm to 2am, champagne toast, deejays and Chin Chin.
As always, we suggest you check out Free NYC for things to do on the cheap this New Years and Oh My Rockness for concert listings.