Demolition installed without permission in 1989
Placed near the exchange with public support
Di Modica came to the United States in 1973 and opened a studio in Soho, New York. In December 1989, he installed a bronze bull statue 4.9m long and weighing 3.5t in front of the New York Stock Exchange without permission from the authorities. Inspired by’Black Monday’, when stock prices around the world crashed in 1987, it cost about 350,000 dollars to symbolize and celebrate the economic recovery of the United States and the strength of people.
The police demolished the statue, which had been installed without permission, and moved it to an open ground outside the exchange, but the public liked the statue. Eventually, the bull statue was installed at its current location in Bowling Green Park, near the exchange, a few days later. Since then, the bull statue has become a specialty for New York tourists. In particular, as the legend says that touching the horns and testicles of a bull, many people stand in line and touch them.
In December 2019, New York City announced that it would move the bull statue to another location for the safety of visitors, but Di Modica objected that “the bull statue has been in Bowling Green Park for nearly 30 years, and the seat is perfect.” Reporter Ye-yoon Kim yeah @donga.com
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