From 1971 To 1980
Membership declined steadily, as vacationing trends among the wealthy changed. Air travel and time constraints meant that less families spent the entire season at the Club. In 1977, only 471 families renewed their membership, compared to 711 the previous year.
The Club served as headquarters for the International Olympic Committee during the 1980 Winter Olympics in Lake Placid and closed its doors soon afterwards.
Read more about this topic: Lake Placid Club