The FDNY says marine and land units responded to the river off West 72nd Street shortly before 3:30 p.m.
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The Coast Guard says the 48-foot yacht sunk, and they are now monitoring the water for pollution.
Officials say the seven people who were on the yacht were rescued by a Good Samaritan before firefighters arrived.
No one was injured.
MORE NEWS | State trooper should have been disciplined for relationship with Cuomo's daughter, report says
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Relationship with Cuomo daughter led to trooper's transfer
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