Now this has me totally pissed off! It appears that the historic cruise ship Queen Marry that has been anchored in Long Beach, California for nearly five decade has been neglected by it's owners to the extent that the vessel is now been deemed unsafe for visitors and requires $500 million in repairs to keep it from sinking.
It appears that the numerous owners of this majestic ship have been charging exuberant prices for people to come aboard and tour the vessel as well as to stay aboard as a hotel, pocketing the proceeds without investing a dime to maintain it.
This is a real f@#king shame!
My buddy Armand shared this article from the Long Beach Local News via Facebook:
Locals fear possible demolition of Queen MaryAccording to a cache of court records and inspection reports published in 2021, the Queen Mary’s current condition is the result of years of neglect by a line of operators. The ship requires at least $23 million in rapid repairs. There is growing concern that unless something is done quickly, the ship may deteriorate to the point of collapse. The Queen Mary is currently in a condition of decay that includes rusted structural steel, an aged bilge system, a weakened hull, and numerous leaks and safety issues.
Urban Commons, a real estate investment group located in Los Angeles, emerged in 2016 with a goal and a strategy. The business negotiated a 66-year lease and launched Eagle Hospitality Trust three years later to raise financing for a $250 million retail development dubbed Queen Mary Island around the ship. However, with more than $500 million in obligations, the trust and its related organizations filed for Chapter 11 bankruptcy protection in January, along with a move to auction their possessions, including their leasehold ownership of the Queen Mary.
Long Beach residents and officials appear to have reached the same conclusion: the ship must be preserved. However, the Queen Mary is intended to be permanently closed and dismantled owing to a lack of finance and profit.
Unless a proposal is implemented soon, the Queen Mary appears to be doomed to demolition and decades of forgotten memories.
By,
Sofia Youngs
No comments:
Post a Comment