In July 1968, the Seamen's Church Institute moved to 15 State Street. That year, the Titanic Memorial Lighthouse was donated by the Kaiser-Nelson Steel & Salvage Corporation to the South Street Seaport Museum. It was erected at the entrance to the museum complex, on the corner of Fulton and Pearl streets, in May 1976, with funds provided by the Exxon Corporation.[6]
In 2017, preservation efforts were initiated due to the state of the lighthouse under the auspices of Friends of Titanic Lighthouse Restoration, which was founded in 2019 and whose members include descendants of those aboard the Titanic. Plans under discussion as of 2022 included a potential Titanic museum on Pier 16.[7] In April 2023, ahead of the anniversary, the Seaport Museum announced the selection of Jan Hird Pokorny Associates as architects for the restoration and that it would be completed in 2024.[8]
^ ab"Give Lighthouse For Titanic's Dead; Tower on Seamen's Institute Dedicated Before Those Who Created It.", The New York Times, April 16, 1913. Accessed December 21, 2023. "With services commemorating the heroism and sacrifice of the officers, crew, and passengers who went to their death with the Titanic, just one year ago yesterday, the Titanic Memorial Lighthouse Tower and Time Ball were dedicated yesterday afternoon at the Seamen's Church Institute, 25 South Street, in the presence of more than 200 persons.... Surmounting the tower is a time ball, to be hoisted to the top of a steel rod five minuters before 12 o'clock each noon and dropped when the time is flashed over the wires from Washington."
^"Dedicate Titanic Memorial Lighthouse", Edmonton Journal, April 15, 1913. Accessed December 21, 2023, via Newspapers.com. "Today, the anniversary of the sinking of the Titanic, men prominent in church, business and shipping circles gathered at the Seamen's Church institute, on the lower water front to dedicate the Titanic memorial lighthouse tower erected to the memory of the men and women who went down with the ship."