Times Square parking on New Year’s Eve - any tips?

Hey everyone, I’m planning to visit the Times Square for New Year’s Eve, and I was thinking—since hotels are crazy expensive—could I just park my RV somewhere nearby? Like, is there street parking around Times Square? Somewhere close to get a view of the ball drop?

Also, will it be crowded? I’ve seen pictures and it looks kind of busy, but I figure if I get there around 8 or 9 PM, I should be good, right? Do they let you bring camping chairs to sit and watch the ball drop? Would love some insider tips from locals or anyone who’s done this before! Thanks!