There's no dropping crystal ball a la Times Square.
My street has had a couple of in-the-street parties, where neighboring streets were always welcome.
One year was fairly successful, but after we all watched the Times Square ball-drop on a neighbor's television, we quickly pulled up the tables, chairs, and other amenities and went to bed!
Another year, it began to rain at about 11:45pm. I think everyone was gone and snuggly in their homes by 11:59pm!
I know I was!
SWR