The 60th annual Grammy Awards are heading back to the Big Apple this year, and the ceremony is sure to take the city by storm. Here’s everything you need to know about the celebrated event. The show is happening this Sunday at Madison Square Garden for the first time since 2003. The music industry’s biggest night is expected to bring in about $200 million economic benefits – according to the Mayor’s office. The Recording Academy is honoring New York City’s own Jay-Z with the Salute to Industry Icons Award. His most recent album, 4:44, also leads the night with 8 nominations! Following Jay-Z with 7 nominations is Kendrick Lamar, whose latest album topped the Billboard Top 200 for 2017. The Grammys will also include a couple of record-setting songs highlighting “Despacito” and Shape of You.” With James Corden scheduled to host, the lights will certainly be shining bright in the concrete jungle this week.