Is Jay-Z Planning a Surprise Concert…in Times Square?

With all the speculation, maybe it’s not so “secret” anymore!

Reported first by the New York Post, Jay-Z is said to be planning a secret performance in Times Square on July 8 atop the Ed Sullivan Theater’s marquee, which would coincide with his appearance on "The Late Show with David Letterman," which tapes in the theater.

A show of this nature would potentially shut down one of the busiest intersections in the world. However, a member of law enforcement tells the NY Post the show will move forward. "If [Jay-Z] gets permission from the mayor's office, it's going to be off the hook," the source allegedly said. "They'll have to shut down Broadway around the Letterman building. They'll have to have a strong police presence. It's going to be chaos with so many fans…[it would be] a great event for New York City.”

This isn’t the first time a performance was held in New York’s skies; The Dave Matthew’s Band hit the Ed Sullivan Theater in 2002, and in 2010, a plan for Jay-Z and Eminem to perform in Times Square was thwarted due to crowd control and security concerns in which the concert was then moved to the marquee.

The concert is in promotion for Jay's LP Magna Carta Holy Grail, which drops on July 4.