Jay-Z and Coldplay will be ringing in the New Year with a concert at the new Barclay’s Center in Brooklyn, both parties announced on their websites Monday.

“We’re pleased to announce that, on Monday, 31 December, Coldplay will round off a memorable year by performing a very special co-headline show with Jay-Z at Barclays Center, Brooklyn," the British band said in its official statement. “This will be the second time in two years that Coldplay has celebrated New Year with long-term friend and collaborator Jay-Z, the band having shared the bill with him at a Las Vegas concert in 2010. More recently, Jay-Z performed onstage with Coldplay at the spectacular London 2012 Paralympic Games Closing Ceremony.” 

Coldplay’s lead vocalitst, Chris Martin, knows Jay-Z very well, as their wives, Gwyneth Paltrow and Beyonce, are best friends.

Just last week, Jay-Z, a part-owner of the new Brooklyn arena, headlined another special performance, when he rapped at President Barack Obama’s final rally in Ohio before Election Day.

Jay-Z performed many of his most popular songs, including, “Run This Town," “On to the Next One,” and "Public Service Announcement.”

When he rapped “99 Problems,” he changed the lyrics for the Ohio crowd. Instead of saying the original line, “I got 99 problems but a [expletive] ain’t one,” he said, “I got 99 problems but Mitt ain’t one.” 

During his set, Jay-Z spoke about what persuaded him to come to Ohio, the most coveted swing state, from New York to perform at Obama’s rally.

"This is testament to how someone's voice can be so powerful, that we're standing in Ohio. I got a phone call [from the president], like 'Jay? I need you down in Ohio. I need you to come down with the Boss' [Bruce Springtseen, who also performed for Obama],” Jay-Z told the audience.

Tickets for Jay-Z’s concert with Coldplay go on sale Saturday at www.livenation.com.