When AM attended the Lazarides show in New York, one of the hot rumors floating around was that Banksy was in town bombing New York. Well that rumor seemed to come to fruition Saturday as our friends Jake and Ray spotted a “crew” working the side of a building located on the corner of Wooster and Grand. Our friend Jake from Streetsy.com went to ask them about the project and got them to admit “they worked for collossal media, the sign painting company, and they were given the commission.”

Looks like Banksy decided to outsource this project to limit the amount of exposure in case the word gets out that the Bristol mastermind was bombing the side of an entire building.

Thanks again to Jake and Ray for sharing their amazing pictures with us.

For the finished rat and other Banksy NYC photos after the jump.

discuss banksy here.