The council gifted the publicly-funded model back to the fundraising group after Tairawhiti Museum and East Coast Museum of Technology declined to accept it.
The funders donated the model to the Cosmopolitan Club in 2021.
Cosmopolitan Club president Paul Cooper this week said no comment would be made until “a decision is made”, but declined to elaborate.
In November 2021, Mr Cooper said the club was delighted to accept the model and a resource consent had been granted to erect the model on the Cosmopolitan Club building in Derby Street/Grey Street.
The Endeavour had been the club's logo for the past 117 years.
“This logo continues to be held in prominence throughout the club.”
The original decision of councillors in 2020 to erect the new models in the city resulted in a strong backlash and prominent coverage in the national media.
While the lack of public consultation was one issue, many Maori perceive the models as symbolising colonialism and racism.
The Uawa/Tolaga Bay community expressed support for having one of the models during public consultations held after councillors rescinded their original decision to erect the models in Gisborne, where the original two models had stood for most of the previous 50 years since the Cook Bicentenary in 1969.
James Cook's landing and interaction with Maori at Uawa in October 1769 did not result in instances of violence and the death of Maori as happened earlier when Endeavour arrived at the site of Turanga/modern-day Gisborne.
The majority of public submissions favoured the installation of the new models in the city.
Today is the 253rd anniversary of Cook's Endeavour sailing into what is today formally known as Turanganui-a-Kiwa/Poverty Bay back in 1769.