A ticker-tape parade will wind its way up Broadway in Lower Manhattan on Thursday morning to celebrate the Knicks’ first N.B.A. championship title in five decades.

“Through near misses, heartbreak and a hope that every year could be our year, this city never stopped believing in the Knicks,” Mayor Zohran Mamdani said in a statement on Saturday night. “Now it’s time for our city to celebrate together.”

As part of the event, City Hall and other government buildings, including the David N. Dinkins Manhattan Municipal Building and Brooklyn Borough Hall, will be illuminated in blue and orange, the mayor said.

Here is what to know about the planned parade.

When and where will the parade begin?

The festivities are expected to begin at 10 a.m. near Battery Park. The team will travel about one mile north along Broadway through the Canyon of Heroes, the traditional route for such celebrations, with plaques embedded along the way to mark every ticker-tape parade over the last 140 years.

Where will it end?

The parade will conclude at Broadway and Chambers Street, next to City Hall, where Mr. Mamdani is expected to present the team with keys to the city.

Who will be there?

Mr. Mamdani and Knicks players, including Jalen Brunson, OG Anunoby and Karl-Anthony Towns, are expected to participate in the parade.

James Dolan, the owner of the Knicks and the head of Madison Square Garden Sports, will also attend the event, a spokesman said.

Last week, Mr. Dolan called Mr. Mamdani and the police commissioner, Jessica S. Tisch, fake Knicks fans after the city decided to maintain a strict security zone around the Garden in order to prevent watch parties from spinning out of control.

Huge numbers of fans are expected to attend the event, where hundreds of police officers will be on patrol.

On Sunday, in a message to roughly 34,000 officers, Ms. Tisch said that the parade on Thursday “will place significant demands on the N.Y.P.D.”

”I know you will meet that challenge the same way you met every challenge throughout these playoffs,” she added.

What is a ticker-tape parade?

A ticker-tape parade is a longstanding New York City tradition to honor people who were part of monumental moments, including members of the military, astronauts, foreign dignitaries, Olympians and players from New York sports teams.

The first was held in 1886 as a dedication of the Statue of Liberty. The event earned its name from scraps of ticker tape — paper ribbon used to print stock market data by telegraph — that served as confetti.