Paul Simon and Art Garfunkel never released a concert album during their heyday, but the pair are now overseeing a live set, tentatively titled "Live from New York City," which is due early next year

Paul Simon and Art Garfunkel never released a concert album during their heyday, but the pair are now overseeing a live set, tentatively titled "Live from New York City," which is due early next year on Columbia/Legacy. The tracklist is not yet finalized, but the shows are likely to be drawn from 1967 concerts at New York's Lincoln Center and Carnegie Hall.

"We put the tapes up and everybody in the room went slack-jawed because the performance is so awesome," producer Bob Irwin told ICE magazine. "And recorded perfectly, from beginning to end. One of those things you'd kill to find."

The shows came shortly after the release of the duo's third album, "Parsley, Sage, Rosemary and Thyme," which featured the No. 11 hit "Scarborough Fair," "Dangling Conversation" (a No. 25 hit), "For Emily, Whenever I May Find Her" (a No. 53 hit), and "Homeward Bound," which reached No. 5.

Simon & Garfunkel split in 1971 but regrouped for a landmark free concert in New York's Central Park on Sept. 19, 1981. The Warner Bros. album of the show, "The Concert in Central Park," debuted at No. 6 on The Billboard 200.

All five of Simon & Garfunkel's Columbia studio albums will be reissued on Aug. 21, each with a host of bonus tracks, new liner notes, and photos. Those discs will also be combined into a separate box set, "The Columbia Studio Recordings: 1964-1970," due the same day. Because the albums will be housed in cardboard sleeves within this special packaging, the liner notes and photos have been bound into a special book for the box set.

A label spokesperson tells Billboard.com that Simon & Garfunkel's 1968 soundtrack for "The Graduate," which is not included among the reissues or the box set, is likely to be reissued at some point in the future.