Nick begins by explaining his own situation. He has moved from the Midwest to West Egg, a town on Long Island, NY. ... Nick is a graduate of Yale, and grew up in a wealthy family
Nick is taking the train into New York City with Tom Buchanan. He begins the chapter by describing an area he calls a valley of ashes. It is an area where ashes from coal burning furnaces are deposited.
Nick finally receives an invitation to one of Gatsby's parties. He is very impressed that he is one of the few people at the party to have been formally invited. He learns that most people simply arrive at Gatsby's house, expecting there to be a party in progress.
Nick attending another of Gatsby's parties. ... One morning Gatsby goes to Nick's house and tells him they are having lunch together in New York. Nick agrees and the two drive into the city in Gatsby's car.
Nick returns to his house after visiting with Jordan and sees that Gatsby has turned on every light in his house and his walking over to visit Nick. Nick tells Gatsby that he will invite Daisy for tea and the two agree on a time.
A newspaper man from the city has heard the great rumors about this mysterious Mr. Gatsby who throws lavish parties. He comes (in vain) to get information from Jay. Nick decides to tell us the truth about Gatsby's past, since apparently, the man lied about everything.