Coming home from shopping with the wife we stopped at the traffic light on Bayshore and E Greenwood Ave and to the right on E Greenwood Ave we saw a low flying aircraft that was dropping a red glowing object of sorts. After watching for a few seconds it stared moving towards the Bayside, I put my window down and didn't hear anything unusual. We continued to watch it as we turned down our street which was only a 2 blocks away and as I tried taking a photo a black vehicle rushed behind me and started flashing highbeams and tailgating, after the aircraft started to drift more to the left side leaving our line of site, the black vehicle turned down left on one of the cross roads in the neighborhood seemingly to follow the craft. In the diagram drawing the aircraft looks way bigger then the moon which we used for scale, but taking in the factor that it was only about 7 stories high in the air, it's kinda hard to scale the aircraft accurately.