The main delay in the ship changing hands had to do with the EPA's concerns about the handling of potential toxic materials contained in the ship. That matter has apparently been resolved and the Conservancy is now looking for investors to help in the transformation of the ship into a hotel, retail, and museum attraction. The work is expected to cost in the hundreds of millions of dollars but if it can be completed several cities including New York, Philadelphia, and Miami have already expressed interest in the ship.
Here is the complete statement from the SS United States Conservancy.
Conservancy purchases SS United States through grant from Lenfest Foundation
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