Giant yellow teddy bear bound for New York City

giant yellow teddy bear
Visitors to New York City this spring should be on the lookout for a new landmark: a giant yellow teddy bear, bronzed and 23 feet high. The 35,000 pound untitled (Lamp/Bear) sculpture was created by New York-based Swiss artist Urs Fischer, one of three made in 2005/2006. The button-eyed bear sits against a lamp, which turns on above the bear’s head to keep him lit at night.

The behemoth bear will be outside the Seagram Building at Park Avenue and 52nd Street in Manhattan from next week for five months. Christie’s will auction the bear in May and the private collector who owns the artwork has already turned down a $9 million offer. There is a possibility the sculpture could be bought by a private institution or museum, but don’t rule out New York as a buyer if the bear proves to be a tourism draw.

Hat tip to Brooklyn Nomad on the story.

Photo courtesy of NYC Loves NYC on Flickr.