Founded in 1897, the Yale Club was created with the intention of providing Yale graduates a place to continue their close associations post-graduation. The building was originally located at 17 Madison Square, but moved to an 11-story building on 30 West 44th Street in 1900. Due to an increase in members, the club moved once again in 1913 to a 22-story tower on Vanderbilt Avenue near Grand Central Terminal. This new area, which included the station and the Biltmore, became known as Terminal City. (The Yale Club’s close proximity to the Biltmore is significant to the way people move in Fitzgerald’s story.)

Example could continue by explaining this significance in the story.

See: “History of the Yale Club” (https://www.yaleclubnyc.org/history) and the NYT article “Society Membership Proposed for Yale Club”