Editing Charging Bull (section)

===Construction and installation===
[[File:DiModica working on Crosby St basement.png|left|thumb|Arturo Di Modica in 54 Crosby St studio where ''Charging Bull'' was conceived]]
The bull was cast by the Bedi-Makky Art Foundry in [[Greenpoint, Brooklyn]]. Di Modica spent $360,000 to create, cast, and install the sculpture following the [[Black Monday (1987)|1987 stock market crash]].<ref name="nyt19891216"/> The sculpture was Di Modica's idea. Having arrived penniless in the United States in 1970, Di Modica felt indebted to the nation for welcoming him and enabling his career as a successful sculptor. ''Charging Bull'' was intended to inspire each person who came into contact with it to carry on fighting through the hard times after the 1987 stock market crash.<ref name="auto">{{Cite web |first=Anthony |last=Haden-Guest |date=October 4, 2018 |title=Arturo di Modica: Charging Bull |url=https://www.phillips.com/article/37187333/arturo-di-modica-charging-bull |access-date=October 31, 2020 |website=Phillips}}</ref> Di Modica later recounted to art writer [[Anthony Haden-Guest]], "My point was to show people that if you want to do something in a moment things are very bad, you can do it. You can do it by yourself. My point was that you must be strong."<ref name="auto"/>

Another artist, Domenico Ranieri, enlarged the model of the bull and worked with Di Modica to bring out the fine points of the sculpture. In an act of [[guerrilla art]], Bedi-Makky Art Foundry and Di Modica trucked it to [[Lower Manhattan]]. Late in the evening of December 14, 1989, they installed it beneath a {{convert|60|ft|m|adj=on}} [[Christmas tree]] in the middle of [[Broad Street (Manhattan)|Broad Street]] in front of the [[New York Stock Exchange Building]] as a Christmas gift to New Yorkers. That day, hundreds of onlookers stopped to see it as Di Modica handed out copies of a flier about his artwork.<ref name="nyt19891216"/>

NYSE officials called police later that day, and the [[New York City Police Department|NYPD]] seized the sculpture and placed it into an [[Vehicle impoundment|impound lot]].<ref name="nyt19891216"/> The ensuing public outcry led the [[New York City Department of Parks and Recreation]] to reinstall it two blocks south of the Exchange, in Bowling Green, facing up [[Broadway (Manhattan)|Broadway]] just north of [[Whitehall Street]]. ''Charging Bull'' was rededicated at its new location with a ceremony on December 21, 1989.<ref name="nyt19891220">{{Cite news |url=https://www.nytimes.com/1989/12/20/nyregion/wall-st-s-bronze-bull-moves-2-blocks-south.html |title=Wall St.'s Bronze Bull Moves 2 Blocks South |agency=The Associated Press |date=December 20, 1989 |work=The New York Times |access-date=April 13, 2017 |issn=0362-4331}}</ref>