Downtown Indy Inc. suspends Georgia Street New Year's Eve celebration

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INDIANAPOLIS (WTHR) - A 4-year tradition is coming to an end.

Downtown Indy Inc. is suspending the New Year's Eve celebration on Georgia Street.

They said it costs too much to put on.

The non-profit paid for things like extensive lighting, outdoor heaters and security.

In years past, about 40,000 people attended the free public event to ring in the new year and watch an IndyCar get lowered at midnight.

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