Only days after hearing good news about funding for the Pride of Baltimore II, there is very grim news about the organization which operates the Hudson River sloop Clearwater. The Clearwater organization announced that it is facing deep financial problems and that it is canceling its yearly music festival. As announced on the festival website today:
Dear Friends,
We are saddened to announce that Clearwater will not be holding its Great Hudson River Revival this year. As you may have heard, the sloop is undergoing its largest restoration ever. It is a restoration that costs $5,000 a day and will run until at least June 2016. We must take this time to focus our effort on making sure the boat can sail again this year. The sloop Clearwater is the foundation of our organization, the vessel that brings people to the Hudson River and an inspiration to all who love her. Our work to protect the Hudson River is still our primary mission.