"Manchester City can confirm that it has extended Frank Lampard's contract up to the end of Manchester City's season, the reigning English champions said in a statement.
New York City FC director of football Claudio Reyna added: "Frank is a star and it is no surprise that Manchester City is rewarded by his contributions on the field every single day.
"He is eager to get to New York once his commitment ends in England and will be available to play on arrival as a permanent member of the squad given he will come to us having played at the highest level.
"We are all committed to making sure we build a winning team and that our fans get to enjoy great soccer at every single game.
"The opportunities open in the immediate transfer window combined with our recent successful draft ensure that we can continue to assemble a world class team that will make New York City soccer fans proud."
