Additional note: The TV broadcast would alternate between the Waldorf Astoria and Times Square. I don't know when the Times Square segments began, nor do I remember whether or not the Times Square segments were hosted, or just live shots, but they would always go to Times Square for the ball drop.
Yes, I remember it well. Most of the adults around the house insisted that the TV be tuned to Guy Lombardo rather then Dick Clark because that was the place to see the "official" celebration in Times Square.
Dick Clark was for the younger folks and took a while to catch on. Now it is his show that is thought of as being the 'venerable' New Year's tradition. But, Guy Lombardo was definitely much bigger in his day. That's what almost everyone watched some 35 years ago.