This is undoubtedly one of the most important and most famous squares in the capital. It is here that once a year you can drink champagne in the full legal capacity. This is due to the New Year's Eve event organized by the Mayor of the Capital City of Warsaw. The square is located in the city centre on the axis of Marszałkowska Street. The following streets meet here: Koszykowa, Marszałkowska, Piękna, Śniadeckich and Waryńskiego.