In October 2019, the City of Long Beach warned Urban Commons that the company was failing to uphold its commitment to maintain and repair "Queen Mary" and that it was accordingly in danger of defaulting on its 66-year lease agreement. Urban Commons responded with an updated plan for repairs, including the removal of the lifeboats at a cost of between $5 and $7 million, and new paint work. In December it was announced that the City was reviewing the finances of Urban Commons to determine whether the City of Long Beach had "received all revenues owed."