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This prominent public square, the largest in Munich, still stands as the center of social activity in the city, much as it has throughout history. The Neues Rathaus or New City Hall dominates the square. Its central clocktower features a splendid Glockenspiele with medieval knights hold a jousting tournament and the townspeople dance afterward holding the city's banner aloft. The bells chime and the figures dance at 11:00 Am and 5:00 Pm.