Career
He made a half a million dollars bringing whiskey into New York from Canada. With his profits he bought into a taxi cab company and later opened a nightclub, the El Faculty, on West 47th Street in Manhattan in 1924, featuring Texas Guinan as the emcee and a floorshow produced by Nils Granlund. Fay, who had a record of forty-nine arrests but no felony convictions, was involved in several enterprises in the ensuing years, and was said to have amassed and lost a fortune.
On December 15, 1960, The Untouchables (1959 television series) during its second season did The Larry Fay Story.
This episode (the 37th for the series) dealt with Larry Fay"s activities in the New York City milk price-fixing case. Also, Fay"s life served as the basis for James Cagney"s character, Eddie Bartlett, in the 1939 gangster film, The Roaring Twenties.