The inflatable sculpture is meant to convey "optimism and a sense of potential for the future,” according to the artist.
The work, titled "Seated Ballerina," is meant to evoke a porcelain dancer and will be on display through June 2. The sculpture will be taken down for safety reasons during any inclement weather.
It is the third time Koons has displayed a larger-than-life sculpture at Rockefeller Center. "Puppy" took up residence in 1992, and "Split-Rocker" was installed in 2000.
"Seated Ballerina" aims to illustrate "optimism and a sense of potential for the future,” while drawing attention to National Missing Children's Month, Associated Press reported.
The artist founded The Koons Family Institute on International Law & Policy, a project that researches and advocates for child protection around the world, according to Forbes.
This sculpture was created with the help of beauty brand Kiehl’s and public art firm the Art Production Fund, according to the same Forbes report.