Discussions are underway between Norm's management and the authorities for a 25,000 daytime ticket-only event on Marine Drive.
A beach party hosted by Fatboy in July 2002 ended in carnage after 250,000 people turned up.
"We obviously couldn't have anything like the last one," he said.
"Part of the problem last time was that it was on the pebble beach.
"This one would have one tenth of the audience and would be in a contained area where many large events are held."
Transport ChaosThousands of clubbers were left stranded at Brighton's train station in 2002 as transport ground to a halt.
Cook attempted to hold another summer beach party in the city in 2004, but failed to reach an agreement with the authorities that time.
Mr Burgess said the New Year's Day party could be good for the city and he hoped it would go ahead.
"The council are keen to do everything we can - it is too easy to put up obstacles," he said.
"We like to be youthful in Brighton and Hove and being associated with big events like this is important to us."
A spokeswoman for Sussex cops said the 2002 event put a "huge strain" on the city, which could not happen again.
But the force was not opposed to a party being held subject to strict restrictions.
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