A chaotic scene unfolded in Times Square as shots were fired shortly after a celebratory Knicks parade, causing panic among tourists and locals. Authorities reported that a large fight preceded the gunfire, leading to a slashing incident and the arrest of a 17-year-old suspect who is now in police custody. Multiple witnesses described the moments of terror, with crowds scrambling for safety as gunshots rang out. One person was injured during the incident, which has prompted a significant police presence in the area as investigations continue.