Obama plans to attend the concert at the Hammerstein Ballroom in New York City on Oct. 16, the day after Obama’s final debate with Republican John McCain at Hofstra University, located several miles outside the city in Hempstead, N.Y.

Seeing the two superstars together won’t come cheap. Tickets start at $500 and range up to $10,000.

The event was first reported by the Huffington Post Web site and confirmed by an Obama aide.