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JFK's yacht getting makeover at boatyard

The Honey Fitz, a former presidential yacht constructed in 1931 and later favored by President John F. Kennedy, is sitting on dry land as craftsmen try to return it to its former glory.

In a June 1932 article in Yachting magazine - written before the boat became a presidential vessel or was renamed Honey Fitz - the Lenore II was labeled a "characteristically American" vehicle, because of its ability to travel for extended distances and reach 24 mph.

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Click here for a video of the vessel under way.