  The inner few parsecs at the Galactic Center have come under intense scrutiny
in recent years, in part due to the exciting broad-band observations of this
region, but also because of the growing interest from theorists motivated to
study the physics of black hole accretion, magnetized gas dynamics and unusual
star formation. The Galactic Center is now known to contain arguably the most
compelling supermassive black hole candidate, weighing in at a little over 2.6
million suns. Its interaction with the nearby environment, comprised of
clusters of evolved and young stars, a molecular dusty ring, ionized gas
streamers, diffuse hot gas, and a hypernova remnant, is providing a wealth of
accretion phenomenology and high-energy processes for detailed modeling. In
this review, we summarize the latest observational results, and focus on the
physical interpretation of the most intriguing object in this region---the
compact radio source Sgr A*, thought to be the radiative manifestation of the
supermassive black hole.
