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)."

Anne Hathaway arrives for the premiere of Twentieth Century Fox & Blue Sky Studios' “RIO” on April 10, 2011 in Hollywood, California. (Photo by John Sciulli/Getty Images)

A broken picture frame is left in the tsunami-hit Arahama area, three months and two days after the magnitude 9.0 earthquake and subsequent tsunami on June 13, 2011 in Sendai, Miyagi, Japan. Japanese government has been struggling to deal with the earthquake and tsunami as well as the troubled Fukushima Daiichi Nuclear Power Plant. The fear on outbreak of virus infectious disease are mounting due to the humid rainy season on the corner and delay of the clearing the debris. (Photo by Kiyoshi Ota/Getty Images)

Paris-born Polish film maker, Roman Polanski. (Photo by James Jackson/Evening Standard/Getty Images). January 1969

A dog and its owner perform a routine in the main arena on Day three of Crufts at the Birmingham NEC Arena on March 10, 2012 in Birmingham, England. (Photo by Dan Kitwood/Getty Images)

Carlos Bahia, dressed as Santa Claus, talks with boys at the Maresias beach, in the state of Sao Paulo December 9, 2014. In the Southern Hemisphere summer starts on December 1, so while countries in the north are experiencing a white Christmas with grey skies, those in the south are busy surfing and sunbathing in temperatures just shy of 100 degrees Fahrenheit (38 degrees Celsius). (Photo by Nacho Doce/Reuters)

A labourer packs incense in preparation for Tet, the traditional Vietnamese lunar new year, in Hong Chau village, outside Hanoi January 29, 2015. Tet is from February 14 till 24. (Photo by Reuters/Kham)