Over the years, Lucy had served as a restaurant, business office, cottage, and tavern (the last closed by Prohibition). A popular story is that Lucy once housed a hotel but this is untrue. Lucy had fallen into disrepair by the 1960s and was scheduled for demolition. She was moved and refurbished as a result of a "Save Lucy" campaign in 1970 and received designation as a National Historic Landmark in 1976.
According to the official history of Lucy published by the Save Lucy Committee, in 1969 Edwin T. Carpenter and a group of Margate citizens formed the Margate Civic Association, which eventually under Josephine Harron and Sylvia Carpenter become the Save Lucy Committee. They were given a 30-day deadline for relocation, or be solely responsible to demolition and removal costs. Money was raised by various fund-raising events, with the most successful being a door to door canvass by volunteers. She was moved and refurbished in 1970 and received designation as a National Historic Landmark in 1976.
Lucy was struck by lightning for the first time in Spring 2006; the tips of the tusks became blackened.
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