In 1968, the ship was brought to Boston by Athanas, who spent a half-million dollars to purchase the flats where the ship would sit at permanent mooring, then another $400,000 to construct an elaborate steel-and-concrete cradle that was considered an engineering marvel...
...The Stuyvesant sank just off the pier, having been ripped from the elaborate cradle that held the ship. For months after the blizzard, the ship sat on its starboard side in the shallow water, its bow yards from what is now the Institute of Contemporary Art, as workers tried to save the Stuyvesant.
Eventually, Anthony Athanas, the famed restaurateur who viewed the Stuyvesant as his floating palace — it was loaded with art and artifacts he’d collected around the world, as well as an extensive wine cellar — made the painful decision to scrap the ship. Crews removed most of the upper decks of the Stuyvesant in September 1979, but the massive hull was left on the ocean floor, its silhouette visible at very low tides.
