The sculpture, a giant mirrored disc made up of polished stainless steel panels, has previously been displayed at various locations in Britain.
Measuring 10 metres (33ft) in diameter and weighing 23 tons, the disc faces Manhattan's famous Rockefeller Centre at a 60 degree angle.
The Bombay-born artist said he had selected the site specifically for the way the Rockefeller Centre would interact with his work.
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