NEW YORK (CBSNewYork) – It goes without saying that New York City is full of quirky tourist attractions and traps – and beginning this spring, there will be one more sight for locals and visitors alike to take in.
A 23-foot tall, 35,000 pound yellow teddy bear will be on display in Midtown next week as a part of Christie’s Post-War & Contemporary Art Auction. The work, created by New York-based Swiss artist Urs Fischer, is currently in the midst of being assembled.
It’s expected the bear, inspired by Fischer’s own childhood toy, could sell for more than $9 million dollars after its stint sitting in the plaza of Park Avenue’s Seagram Building.
“A true landmark sculpture of this nature appeals to private collectors and museums around the world, but could be acquired by a city as a means of attracting cultural tourism,” Brett Gorvy, Christie’s deputy chairman for Post-War and Contemporary Art, told Reuters.
The bright yellow bear will be on display for about five months.