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)."

People look at a 1939 Alfa Romeo 8C 2900B Lungo Touring Spider displayed at Sotheby's in New York City, New York, U.S. July 21, 2016. The car, unveiled in a pre-publicity showing in New York on Thursday, is expected to sell for more than US$15 million – and could set a record for the most money ever paid for a pre-war auto at auction. (Photo by Brendan McDermid/Reuters)

A dog dressed as Oscar the Grouch takes part in the annual halloween dog parade at Manhattan's Tompkins Square Park in New York, NY, U.S. on October 21, 2017. (Photo by Lucas Jackson/Reuters)

A model presents a creation during a hair styling competition in Minsk, Belarus on November 9, 2017. (Photo by Sergei Gapon/AFP Photo)

A lone protester sings outside the offices of Republican president-elect Donald Trump at Trump Tower in New York, New York, U.S. November 14, 2016. (Photo by Carlo Allegri/Reuters)

Monaco's Princess Charlotte Casiraghi arrives to attend a mass at the Saint Nicholas Cathedral during the celebrations marking Monaco's National Day, on November 19, 2016 in Monaco. (Photo by Valery Hache/Reuters)

People wear face masks while participating in the annual Memorial Day Parade on May 25, 2020 in the Staten Island borough of New York City. Dozens of cars and nearly 100 members of the patriotic motorcycle group Rolling Thunder joined the event. This year’s parade was diminished in size and in person-to-person contact due to the coronavirus outbreak. Across the country, events honoring the nation’s veterans have been cancelled or scaled back as America continues to experience high numbers of deaths and new cases of COVID-19. (Photo by Spencer Platt/Getty Images)

Rickshaw drivers wade through a flooded road after heavy rains swept through Guwahati, in the northeastern Indian state of Assam, on June 26, 2014. Seven people have been killed there in flash floods, landslides and heavy rainfall, local media reported Friday. (Photo by Utpal Baruah/Reuters)