The holidays are a special time in New York City: For starters, there's the giant, lit-up tree and ice skating at Rockefeller Center, the droves of tourists who flock in to see it all, and, this year, Jay Z and Barneys New York are blessing everyone with a timely collaboration.

We heard rumors this summer of a possible collaboration between the rap mogul and the retailer, but we didn't get too over-joyous, because, you know, those things don't always pan out. But this time, the stars have aligned and this morning Barneys confirmed everything via its Instagram account.

Barneys also leaked an image of a two-finger gold ring from Hoorsenbuhs that will be part of the collection, and it fits the black and gold design of the preview image. From the looks of things, this collection will be very luxe, so prepare to boost your holiday spending this season.

[via Barneysnyofficial]