Paul Simon and Art Garfunkel are helping assemble the first live album from Simon and Garfunkel's prime years.

The album, tentatively titled Live From New York City and due early next year, was recorded in 1967 at Carnegie Hall and Lincoln Center while the duo were supporting the 1966 record Parsley, Sage, Rosemary and Thyme. Both Simon and Garfunkel are involved in choosing songs for the disc, and while there's no track list yet, it will likely contain such folk-rock hits as "The Sounds of Silence," "I Am a Rock" and "Homeward Bound," a spokesperson for the project said.

Simon and Garfunkel released another live album, The Concert in Central Park, in 1982, but it came from a 1981 reunion show. The pair disbanded in 1971, at the height of their fame. Their last studio album, Bridge Over Troubled Water was released in 1970, although they made a single together in 1975 — the Top 10 hit "My Little Town," which appeared on Simon's album Still Crazy After All These Years and on Garfunkel's Breakaway.

Their plans for a new studio album after The Concert in Central Park were scrapped because of personal and artistic differences.

Simon and Garfunkel's five classic studio albums — from 1964's Wednesday Morning, 3 AM through Bridge Over Troubled Water — will be reissued on August 21, all with bonus material (see [article id="1442974"]"Simon and Garfunkel Albums to be Reissued with Bonus Tracks"[/article]). The discs will be released both separately and together in a box set.