Word on the Street: Jay Z's expensive clothing

Rapper Jay Z is launching a high-end holiday collection at Barney's this holiday season, but the high prices have residents wondering if they'll purchase the

Jay Z is launching a holiday collection at Barney's this holiday season.

Jay Z is launching a holiday collection at Barney's this holiday season. (11/21/13)

BROOKLYN - Rapper Jay Z is launching a high-end holiday collection at Barney's this holiday season, but the high prices have residents wondering if they'll purchase the clothing.

Most residents said that the prices are out of their range. One resident cited the controversy Barney's is currently involved in for allegedly detaining black shoppers illegally with the NYPD as his reason for not purchasing the items.

Other residents said they would probably buy the items if they had Jay Z's money.

Items in the collection include a $875 baseball cap and a $58,000 jacket.

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