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)."

A rabbit fails to clear an obstacle during a bunny hop competition at the Old Town Square in Prague, Czech Republic, Monday, April 14, 2014. (Photo by Petr David Josek/AP Photo)

Philadelphia Phillies Ben Francisco reacts after being hit in the head with a pitch by Cincinnati Reds Logan Ondrusek during the MLB National League Division Series baseball playoffs in Philadelphia, Pennsylvania, United States in this October 8, 2010 file photo. (Photo by Tim Shaffer/Reuters)

Clouds gather as walkers pause atop a ridge in Mountain View, California January 7, 2016. (Photo by Noah Berger/Reuters)

An ethnic Armenian fighter carries Kalashnikov machine guns to his comrade-in-arms at Martakert province in the separatist region of Nagorno-Karabakh, Azerbaijan, Monday, April 4, 2016. (Photo by Vahan Stepanyan/PAN Photo via AP Photo)

An Amur tiger walks across a passageway after a news conference at the Philadelphia Zoo, Wednesday, May 7, 2014, in Philadelphia. The see-through mesh pathway called Big Cat Crossing is part of a national trend called animal rotation that zoos use to enrich the experience of both creatures and guests. (Photo by Matt Slocum/AP Photo)

The giant inflatable Rubber Duck installation by Dutch artist Florentijn Hofman floats on the Parramatta River, as part of the 2014 Sydney Festival, in Western Sydney, January 10, 2014. The creation is five stories tall and five stories wide and has been seen floating in various cities around the world since 2007. (Photo by Jason Reed/Reuters)

A view of the spectacular colour of clouds at sunset on January 17, 2005 in Beijing, China. (Photo by China Photos/Getty Images)