The "Morro Castle" remained on the sandbar throughout the fall and winter, spurring an economic boomlet for Asbury Park, which had been suffering from the effects of the Great Depression. Thousands of curious spectators and reporters lined both the boardwalk and Convention Hall's promenade to see the ship's charred remains, and both city officials and unlicensed individuals charged upwards of $5 to ride the breeches buoy onto the deck. On March 14, 1935, what remained of the "Morro Castle" was finally towed to New York's Gravesend Bay to be scrapped.