Things are about to change at Wall Street’s neighbour–the South Street Seaport.That’s because the famous ship Peking, which was purchased by the late coffee and gold trader Jack Aron in 1975 and given to the South Street Seaport that same year, will be leaving for the city of Hamburg, Germany next month, according to the Working Harbor Committee.
The Peking is in desperate need of repair and the South Street Seaport Museum is struggling to get its finances in order, the report said.
The city of Hamburg has happily decided to take the Peking off of the museum’s hands and it will soon be transported across the Atlantic to the city where it was built.
The man who brought the ship to New York in 1975, Jack Aron, loved sailing and collecting ships.
According to Aron’s 1994 obituary in the New York Times, he was a precious metals trader and coffee importer who worked in New York for 50 years, before he sold his firm J. Aron & Company New York to Goldman Sachs in 1981.
During the mid 1970s, he ran the Bark Peking Foundation, which purchased the Peking and docked it at the South Street Seaport Museum.
The operators of the South Street Seaport Museum hope that visiting tall ships will soon dock where the Peking once rested.