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 christmas teddy bear is wheeled along on a trolley at the Steiff stuffed toy factory on November 23, 2012 in Giengen an der Brenz, Germany. Founded by seamstress Margarethe Steiff in 1880, Steiff has been making stuffed teddy bears since the early 20th century ever since her nephew Richard Steiff exhibited the first commercially produced teddy bear in Europe in 1903. Teddy bears are among the most popular children's toys and the company is hoping for a strong Christmas season. (Photo by Thomas Niedermueller)

A polar bear plays with a pylon during celebrations marking its first birthday in an enclosure at Tierpark Hellabrunn zoo in Munich December 9, 2014. (Photo by Michaela Rehle/Reuters)

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)

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)

Swedish brown bears “Fred” and “Frode” play in the snow on January 30, 2014 at the Natur- und Umweltpark (NUP) animal park in Guestrow, northeastern Germany. Despite of icy temperatures, the bear brothers took a break from their winter rest. (Photo by Bernd Wuestneck/AFP Photo/DPA)

American model Emily Ratajkowski in the second decade of February 2023 shows off her amazing curves by posing naked for Hollywood's hottest fashion photographers, the Morelli Brothers. (Photo by The Morelli Brothers)

In this photo taken Thursday January 17, 2013, sled dogs Poncho, left, and his blind brother Gonzo are hooked up for a run at the Muddy Paw Sled Dog Kennel, in Jefferson, N.H. Poncho has taken to helping his blind brother on regular runs. (Photo by Jim Cole/AP Photo)