West Egg village
The West and East Eggs in The Great Gatsby are fictional, but many consider the Great Neck of Long Island to be the basis for West Egg.
There may be some symbolism behind the name “Egg.” In the closing chapter of the novel, Nick famously imagines the land as it would have looked to early Dutch sailors: “a fresh, green breast of the new world.” “Egg” captures some of that same enticing, springlike newness, while also suggesting a certain sealed-off fragility.
Also, in keeping with later symbolism of white being purity and innocence and yellow being the promise/danger (as detailed above) of wealth, eggs are white on the outside and yellow in the center.
To help improve the meaning of these lyrics, visit "The Great Gatsby (Chapter I)" by F. Scott Fitzgerald and leave a comment on the lyrics box