The giant yellow 20-ton bronze teddy bear has been set up by Christie's outside the Seagram Building along Park Avenue. Created by New York-based Swiss artist, Urs Fischer, the enormous sculpture that has received mixed reviews, is getting auctioned off at Christie's next month. The black button-eyed, 23-foot-tall yellow teddy bear is "Untitled (Lamp/Bear)."

Animal rights activists covered with fake blood sit on the floor during a protest against the use of animals in research to mark World Day for Animals in Laboratories in central Madrid April 24, 2014. The sign reads, “How many rabbits do your shampoo kill?”. (Photo by Andrea Comas/Reuters)

Miss USA Alyssa Campanella arrives at the 2nd Annual American Giving Awards at the Pasadena Civic Auditorium on December 7, 2012 in Pasadena, California. (Photo by Gregg DeGuire/WireImage)

“Great White Shark of Guadalupe Island”. A great white shark very quiet under the boat and a lot of fish. The sun ray lighting the head of the shark. Location: Guadalupe Island, Mexico. (Photo and caption by Marc Henauer/National Geographic Traveler Photo Contest)

ATTENTION! All pictures are presented in high resolution. To see Hi-Res images – just TWICE click on any picture. In other words, click small picture – opens the BIG picture. Click BIG picture – opens VERY BIG picture.

Florin Bors, aged 8 from Bacau, northern Romania, wearing a bear fur takes a break from performing a holiday season ritual in Bucharest, Romania, Tuesday, December 16, 2014. In pre-Christian rural traditions, dancers wearing colored costumes or animal furs, touring house to house in villages singing and dancing to ward off evil. In recent years following the economic downturn in Romania, a European Union member since 2007, the tradition has moved to Romania's cities where dancers travel to perform the ritual for money. (Photo by Octav Ganea/AP Photo/Mediafax)

Yana Shcherban of Russia looks at the ball after failing to receive it during their FIVB Women's Volleyball World Grand Prix 2014 final round against Japan in Tokyo August 20, 2014. (Photo by Yuya Shino/Reuters)

A boy runs past one of the exhibits during the Dinosaurs exhibition in Belgrade, Serbia, Thursday, August 21, 2014. “Dino Park” has opened at Belgrade's Kalemegdan Fortress. (Photo by Darko Vojinovic/AP Photo)

A rider holds on as a bull tries to throw him during the Bull Ride Spectacular on the first day of the 2014 Deni Ute Muster at the Play on the Plains Festival grounds on October 3, 2014 in Deniliquin, Australia. (Photo by Mark Kolbe/Getty Images)