Fast Eddie -- I am amazed! Obviously, it was a conspiracy by space aliens, Big Oil, George Bush and Michael Jackson.
The comment above re the cost of eliminating asbestos, PCBs, fuel, lube oils and other nasty things often makes the cost of scrapping a negative proposition.
Disagree with Dirk, above. These ships do not seem to be in a scrap yard. They have been abandoned for so long that the hulls are literally rotted through. A scrapper would have yanked those anchors immediately.; a choice chunk of #1 Heavy Melting scrap is gold to a scrapper -- those anchors and much of the other visible scrap is hardly "beyond salvage". Scrappers don't wait until a sea chest carries away and the ship sinks at its mooring to cut things up. If these photos were taken in the Falklands or the Aleutians I could understand. New York???? Amazing!
Would say it is (was) a subchaser, as it appears to have a mostly wood hull. PCs and the similar PCERs has a fully-welded steel hull, but many similar features. What amazes me about this whole site is that surely these vessels had some scrap value. Considering that most New Yorkers would sell their mothers for three cents a pound, I wonder why they didn't peddle these things? Agree this vessel appears restorable, but cost would be far higher than most would imagine (been there -- done that. A New Yorker stole the T-shirt) The fact that even the logs and publications were left in place is almost surreal...
I travelled past this wreck on the train for many years. What a surprise to find these great shots on the net. The romantic ruin emerging from the river at sunset is a powerful image. By the way the train ride from MYC to Albany is one of the great experiences of a lifetime