A ticker-tape parade is a parade event, held in a downtown urban setting, allowing the jettison of large amounts of shredded paper products from nearby office buildings onto the parade route, creating a triumphal effect by the snowstorm-like flurry.
The term originated in NewYorkCity after a spontaneous celebration held on October 29, 1886 during the dedication of the Statue of Liberty, and is still most closely associated with NewYorkCity.
Soon after the first such parade in 1886, city officials realized the utility of such events and began to hold them on triumphal occasions, at first only for extraordinary events, such as the return of Theodore Roosevelt from his safari in Africa.
NewYorkCity is at the heart of the NewYork metropolitan area, with a population of around 22 million.
Prior to 1898, NewYorkCity consisted of Manhattan and the Bronx, which was annexed by the city from southern Westchester County in two separate actions: the western portion in 1874, and the remaining portion in 1895.
Upper NewYork Bay is surrounded by Manhatttan, Brooklyn, Staten Island, and the coast of New Jersey, and is connected by the Narrows between Brooklyn and Staten Island to Lower NewYork Bay, which is partially surrounded by Brooklyn, Staten Island, and the coast of New Jersey, and is open to the Atlantic Ocean.
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