The fountain is located in the middle of the Park around 72nd Street. It is surrounded by other iconic parts of Central Park like Bow Bridge, the Lake, the Boathouse and the Mall and Literary Walk. You could spend the whole day in this area just people-watching. And you will see it all!
It is beautifully restored, clean and safe. There a boat rentals near the Boathouse and I believe there is also a gondola ride available on the Lake.
Lots of people, lots going on. A must see in Central Park.