Timberlake received the biggest cheers when he arrived on the red carpet at the Marriott Marquis Hotel.
From his boy band days with N*SYNC to a successful solo career, "JT" has 10 Grammy Awards under his belt. Timberlake has sold more than 32 million albums worldwide.
The Songwriters Hall of Fame honors what many consider the heart of music.
"When you take away the song, the music business goes away, it's the foundation of our entire business ," said Nile Rodgers, Chairman of the Songwriters Hall of Fame. "To me, this is the most important night of the year because songs are the essence of our business."

 (Photo credit Getty Images/ASCAP)