Originally Posted by Pornwolf

I never go to this parade so I can't tell you any good meeting points. I can tell you a few areas for hotels.

Hoboken should be your #1 pick in Jersey. There's a nice Sheraton on the water.
There's trains and ferries to choose from as well that are close to that hotel. Or stay out at the Newark Airport hotels. You can get something decent for as little as $110 and there are like 10 different ways to get to the city in 30 minutes or less from there.

You can also stay downtown in NY for a reasonable price. The Embassy Suites in Battery park gives you an actual 2 room suite for $189. Also, the Seaport Suites is a moderately priced hotel as well.