The demolition of a historic ferry that shuttled passengers from Hoboken to New York City for more than 60 years before enjoying its second act as a popular restaurant will begin next month.
The New York Times reports the removal of the Binghamton is expected to take three months and cost approximately $500,000.
Officials say the 230-foot vessel has been damaged beyond repair. It remains the last double-ended steam ferry on the Hudson River.
The Binghamton operated as a ferry to lower Manhattan from 1905 until its retirement in 1967.
Former New Jersey Assembly Speaker Nelson Gross purchased the ferry in the early 1970s and transformed it into a floating riverboat-style restaurant complete with Victorian décor.
Binghamton's operated in Edgewater for more than four decades before closing in 2007.