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)."

In this photo posted on Twitter, Sunday, May 3, 2015, and provided by NASA, Italian astronaut Samantha Cristoforetti sips espresso from a cup designed for use in zero-gravity, on the International Space Station. Cristoforetti, the first Italian woman in space, fired up the first espresso machine in space, which uses small capsules, or pods, of espresso coffee. (Photo by AP Photo/NASA)

Cast member Shu Qi poses during a photocall for the film “The Assassin” (Nie yin niang) in competition at the 68th Cannes Film Festival in Cannes, southern France, May 21, 2015. (Photo by Eric Gaillard/Reuters)

Bob Steele, of Jefferson, Texas, positions his bears during The Great Bear Show at the Dubuque (Iowa) County Fair on July 25, 2012. (Photo by Jessica Reilly/Telegraph Herald)

Women sunbath as Ferrari's Brazilian driver Felipe Massa drives past during the third practice session at the Circuit de Monaco in Monte Carlo on May 25, 2013 ahead of the Monaco Formula One Grand Prix. (Photo by Alexander Klein/AFP Photo)

Models blow kisses backstage at the Red Beard show during MBFWI presented by American Express Fall/Winter 2014 on March 13, 2014 in Istanbul, Turkey. (Photo by S. Alemdar/Getty Images for IMG)

A wounded member of the Afghan police reaction force waits for treatment in Alingar, Laghman province, on April 30, 2012. A bomb exploded next to opium poppy fields during a poppy eradication campaign in, wounding two Afghan policemen, police officials said. (AP Photo/Rahmat Gul)

An Islamic religious leader and rebel supporter (R) chant to rally rebel fighters awaiting a rumored Libyan Army advance April 11, 2011 between the crucial towns of Ajdabiyah and Brega, Libya. Rebels continued to hold the strategic town of Ajdabiyah a day after NATO air power struck army troops loyal to Libyan ruler Moammar Gaddafi nearby, helping the rebels secure the city. (Photo by Chris Hondros/Getty Images)