Boat full of fireworks watchers capsizes near Long Island's Oyster Bay; 3 dead Updated at 5:04 a.m. Eastern. (AP) OYSTER BAY, N.Y. - Twenty five people were rescued from a capsized yacht near Oyster Bay on Long Island, but the search was halted later after three people from aboard the vessel were confirmed dead. The U.S. Coast Guard said it received a report Wednesday night that a 36-foot Silverton motor yacht had capsized. A spokesman for the Nassau County Police Department confirmed to WCBS that three people from the vessel had died. It was not immediately clear whether one of the fatalities was an individual hospitalized earlier in serious condition after being rescued. The ages and identities of the victims were not released. The newspaper Newsday reported earlier that children may have been among those missing before the search was ended. Police did not confirm this. Newsday said the group was on the boat to watch the fireworks.