Photo by myself on 4th Street and Second Avenue, in the East Village.
Yes, this is a shopping cart, covered in crochet.
It's also considered street art. A woman named Olek has covered various outdoor items with crochet, including the well known bronze bull sculpture near Wall Street.
Is her work art? I'm not sure. I suppose you could draw a parallel with Christo, the artist worked on a larger scale, shrouding buildings and bridges with colored fabric.
Some Olek's pieces have appeared at the Whitney Museum, and she has been featured at the Jonathan Levine Gallery. You can read more about the artist on her Wiki page, here.
For another Olek piece posted here earlier, click here
Related posts: Giant Head, in Madison Square Park, Art, for Public's Sake, and Sand Artist, in Washington Square Park.