Good news is in store for Harry Potter fans. J.K. Rowling has partnered with Warner Bros. for a new film franchise, which will be set in the Harry Potter world that she created in her seven-book series. So it turns out that Rowling still has some magic left in her!

The first movie in the franchise, which kicks off in New York City, will be "Fantastic Beasts and Where to Find Them," a story inspired by a Hogwarts school book written by the fictional Newt Scamander, the New York Daily News reported. The film will be scripted by Rowling, who is making her screenwriting debut.

"Although it will be set in the worldwide community of witches and wizards where I was so happy for seventeen years, 'Fantastic Beasts and Where to Find Them' is neither a prequel nor a sequel to the Harry Potter series, but an extension of the wizarding world," Rowling said in a statement.

"The laws and customs of the hidden magical society will be familiar to anyone who has read the Harry Potter books or seen the films, but Newt's story will start in New York, seventy years before Harry's gets underway," she continued.

Don’t expect to see any HP fan favorites like Harry, Emma Watson or Rupert Grint, though. The new film will focus on the adventures of Scamander, whose grandson Rolf ends up marrying one of the most beloved characters in the Harry Potter world: Luna Lovegood.

"I feel very protective of it, and I already knew a lot about Newt," Rowling said about her screenwriting debut, according to the Los Angeles Times. "As hard-core Harry Potter fans will know, I liked him so much that I even married his grandson, Rolf, to one of my favorite characters from the Harry Potter series, Luna Lovegood."

A spokesman for New York City mayor’s office told the Daily News it was fitting that Rowling’s new film would take place in the Big Apple. "New York is a magical place and it only makes sense that the wizarding world would find a home here in the greatest city in the world,” the spokesman said.