Wall Street goers and residents cannot get enough of the Charging Bull and are proud to have Wall Street as its home.
The Charging Bull stands in Bowling Green Park near Wall Street in FiDi. It is a 7,100 lb bronze sculpture by Arturo Di Modica that stands at 11 ft tall and 16 feet long. He spent $360,000 to create, cast, and install the sculpture following the 1987 stock market crash. It was Di Modica’s idea to create the bull in an act of “guerrilla art,” he drove to Lower Manhattan on December 15, 1989 and installed the sculpture underneath a 60-foot Christmas tree in the front of the New York Stock Exchange as a Christmas girl to the people of New York. The bull was seized by police and placed in an impound lot.
The bull is a symbol of aggressive financial optimism and prosperity. The sculpture is a huge tourist attraction and is also one of the most iconic images of New York and Wall Street.
Di Modica owns the copyright to the statue. He sued Wal-mart and other companies for selling miniature replicas and for using it in advertising campaigns. Wall Street hawkers are also hawkish about the bull and sell it in miniature sizes.
To this day, Wall Street restaurants and hawkers are still crazy for the bull. The Bailey Pub & Brasserie at 52 William St has recently welcomed a white bull as part of their interior design, named The Bull of Cooley. It is said to be good luck to drink with the bull.
There also was a bull statue in front of Cipriani at 55 Wall St that has since been removed. You never know where a bull on Wall Street is going to turn up!