Following the finding, archaeologists were left scratching their heads.
When crews responding to the September 11 terrorist attacks discovered a shipwreck, they were astounded.
The World Trade Center terrorist attack site was still being excavated in 2010.
Archaeologists found a ship among the debris; it was only around 22 feet below street level.
It makes sense that the ancient wooden ship raised a lot of concerns. How did it arrive here? Why was it in this location? How did the ship get to be in the center of New York City?
Since then, researchers have unearthed the mysteries surrounding the enigmatic craft.
They were able to determine the age of the shipwreck by analyzing the tree rings on its wooden skeleton.
They learned that the wood from which the vessel was constructed originated in Philadelphia around 1773.
That being said, how in the world did a big wooden ship end up in the center of the city?
The World Trade Center’s exact location was in the Hudson River when Manhattan was initially inhabited.
Researchers are unsure about the cause of the ship’s sinking—a mishap or an accident.
Manhattan’s western shoreline shifted westward as New York built, finally burying the ship under debris and other waste.
Archaeologist Molly McDonald told CNN in 2014: “It’s such an intense site already based on its recent history, so to be in the midst of this urban, modern, very fraught location, and then to be sitting on what was a river bottom, with clams and fish, and the smell of low tide, was really an amazing juxtaposition.”
The ship would have been fully hidden from view by 1818, until the September 11 attacks of 2001.
And when Americans, New Yorkers, and people everywhere else watched in horror as a Boeing 767 filled with 20,000 gallons of jet fuel smashed into the World Trade Center’s northern tower on that terrible day, the ship was well and truly long forgotten.
The 110-story tower had a huge hole in it from the collision, which quickly killed hundreds of people.
An estimated 50,000 people worked in the buildings on a regular weekday.
It was estimated that an additional 140,000 individuals visited the Twin Towers on a daily basis.
It is mind-boggling that the World Trade Center was so big that it got its own zip code, 10048.
2,977 innocent individuals lost their lives as a result of the attacks, while thousands more suffered injuries.
And over the years, a great deal of people have passed by the location without realizing the nautical gem buried beneath.
Major Retailer To Slash 3.5% Of Jobs And Close 5 Mall Anchor Locations
A Major Retailer Will Close Five Mall Anchor Stores And Cut 3.5% Of Jobs
Macy’s unveiled a strategic restructuring strategy as a major step in reviving its image and adjusting to the constantly shifting retail scene. The venerable department store chain plans to close five of its full-line locations and reduce staff by 3.5%. This occurs as incoming CEO Jeff Gennette’s successor, Tony Spring, a new leader with new ideas, gets ready to assume over.
A corporate spokeswoman acknowledged the employment reduction, citing the necessity to become a more nimble and efficient organization in order to meet changing market and customer needs. This action is in line with Macy’s resolve to maintain its leadership in the cutthroat retail sector.
It is noteworthy that activist investors hoping to profit from Macy’s real estate holdings had made a bid that the retailer had been considering. Tony Spring will soon take over as CEO, thus this reorganization may indicate that Macy’s will once again prioritize its core competencies and long-term growth plans.
The outgoing CEO, Jeff Gennette, had earlier stated that the major shop reductions that had been going on since 2016—which included the closure of over 170 locations—had come to a stop with the announcement of the closures a year ago. Analysts for the sector have speculated that there may be more closures to come.
Increased presence in smaller, off-mall sites is one of Macy’s proactive efforts. In order to accommodate changing consumer tastes, executives have stressed the significance of striking the correct balance between in-store and off-mall establishments. Five full-line stores will be closed in the upcoming year as part of a broader initiative to maximize Macy’s shop portfolio.
The first publication to report on these changes was The Wall Street Journal, which referenced an internal memo to staff members that disclosed intentions to remove some 2,350 corporate roles in the upcoming month. Initiatives like supply chain automation, outsourcing, and quicker decision-making procedures targeted at boosting competitiveness and efficiency are predicted to be the main drivers of these reductions.
Apart from shutting down its locations, Macy’s is also planning to sell and move two of its furniture stores. This calculated move demonstrates Macy’s dedication to maximizing its asset base and reallocating funds where they will have the biggest impact.
The Macy’s anchor stores in the impacted malls—which are situated in Virginia, Florida, Hawaii, and California—will close. Although there may be some short-term interruptions, this is in keeping with Macy’s goal of building a network of stores that is more dynamic and effective.
Macy’s is setting out on this revolutionary journey with a conservative mindset, intent on upholding its heritage while adjusting to the reality of the new retail environment. Tony Spring’s new team is well-positioned to lead the business into a more promising future and maintain Macy’s position as a mainstay of American retail.
It will be interesting to watch how these developments pan out and how Macy’s redefines its position in the cutthroat retail market as this retail behemoth keeps changing. Watch this space for further information about Macy’s makeover and its attempts to remain competitive in the retail industry.
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