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)."

Vets of Animals Asia Foundation's Vietnam Bear Rescue Center hold a paw of a sun bear as they check its health while it is rescued from a Vietnamese family in Nam Dinh province, south of Hanoi, Vietnam August 18, 2016. A man in northern Vietnam has voluntarily handed over a bear his family had caged for seven years to an animal rights organization, which will take it to a nearby sanctuary. (Photo by Reuters/Kham)

A woman cartwheels through the Coachella Valley Music and Arts Festival in Indio, California April 10, 2015. (Photo by Lucy Nicholson/Reuters)

A costumed guest attends WonderCon Anaheim 2015 at Anaheim Convention Center on April 4, 2015 in Anaheim, California. (Photo by Araya Diaz/WireImage)

Two Teddy Bears from the 1920's sit on display in the museum section of the Merrythought Teddy Bear shop on April 5, 2011 in Ironbridge, England. Established in 1930, Merrythought has been hand-making Teddy Bears for over 80 years in Shropshire. The family-run company is the last remaining British teddy bear factory and is launching its latest limited edition bear to mark the royal wedding. The Commemorative Royal Wedding bear is limited to 75 and comes after its popular Prince William and Catherine Middleton bears completely sold out. Merrythought has also been selected by the London Olympic Games organisers to produce the official teddy bears of the London 2012 Olympic and Paralympic games. (Photo by Christopher Furlong/Getty Images)

A police officer removes a reveler from standing on a post as they guard and clear the street of revelers dressed in holiday themed costumes during SantaCon in New York Saturday, December 12, 2015. As thousands of Santa-suited merrymakers prepare to hit the city's streets and bars, organizers of the annual pub crawl say they're taking more steps than ever to deter naughty behavior. (Photo by Andres Kudacki/AP Photo)

Miss Jamaica Kaci Fennell (L) and Miss Colombia Paulina Vega (L) compete during the swimsuit competition at the 2014 Miss Universe Final at the FIU Arena in Miami, USA, 25 January 2015. (Photo by Rhona Wise/EPA)

Mary Jose Cristerna, a Mexican known as The Vampire Woman, poses for the public to take portraits of her during the annual Venezuela Tattoo International Expo in Caracas, Venezuela, Thursday, January 29, 2015. Tattoo artists from around the world are gathering for the four-day event that also includes under the skin implants and body piercing. (Photo by Ariana Cubillos/AP Photo)