The Manhattan location of one of Jay Z's many entrepreneurial ventures was seemingly in peril Tuesday morning as a NYPD Bomb Squad was sent to investigate an object resembling a bomb found near a phone booth. 

The Daily News reports that police found the object around 7 in the morning and described it as "a flashing light with wires attached to two pieces of wood." 

The club, located in New York's popular Flatiron District, is still being monitored by officials. 

We'll keep you updated on this developing story. 

Source: NYDN