However, the monastery's prosperity was again endangered by three great fires in 1864, 1874 and 1879 that caused great damage. The monastery was rebuilt but the monks became largely indebted again which led to further decline. This situation was partly reversed by the efforts of the abbot Theophilos, a monk formerly from Vatopedi. The election of Abbot Vassilios and the reversion of the monastery to the coenobitic style greatly influenced the revival of monastic life at Stavronikita which thus obtained a new lease of life.