After Beyonce was spotted in New York City earlier this week on the set of a new video, new reports indicated that she's indeed working on a new song and music video with her husband, Jay Z.

The 32-year-old Grown Woman singer looked hot taking over the city streets in a red leather Burberry vinyl trench coat and silver pumps. (See photos here:) Though the name of the new music video has yet to be confirmed, a friend of Beyonce and Jay Z, 43, spilled beans on a new project that the couple is working on.

Irv Gotti, a close to Bey and Jay posted on Instagram the news fans have been waiting for.

"They about to f*** the world up again!! Amazing these 2 are. #drunklove @beyonce and my brother Hov. Incredible," he wrote.

Later responding to a fan, "a new record and video. Wow. #drunklove as if 'On The Run' wasn't hot enough. These guys got another banger that is gonna f*** up the world. Me personally. I want them to just do an album together. Fuck it. Their chemistry is unreal. Gangsta."

Seems as if Jay Z and Beyonce is not letting those separation rumors get the best of them, as she recently showed support for his new charity project with Barneys. The singer posted pictures of herself posing in a black and white bubble jacket, leggings and a hat from the rapper's Barney's Holiday Collection.

Jay Z recently announced that he's moving forward with the Holiday collaboration after the racial profiling debacle.

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