The Wolcott Hotel is located 3 blocks past the end of the Macy's Thanksgiving Day Parade route, a great event for the family. The parade stops in front of Macy's department store at 34th Street and Broadway 6th Ave. The Wolcott is 3 blocks south of that, 31st street between Broadway and 5th Ave. The hotel does not have a view of the parade. We recommend walking north, uptown, on Broadway to find a good viewing location.
Another fun thing to do is Wednesday night before the Macy's thanksgiving day parade is watch the balloons getting inflated. This happens on the Upper West Side on New York on 77th and 81st Streets, between central Park West and Columbus Avenue. This is by the Museum of Natural History.