https://www.victorylofts.com/home daily 1.0 2022-11-16 https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/bdf6bae2-7fb1-4c3d-b6c1-fb6d567f7d4f/8_1920s.jpg EJ Apartments - A SQUARE DEAL TOWN This period also saw the rise of Endicott-Johnson’s version of the Square Deal. The company promised its workforce fair treatment and job security, as well as access to free medical services and a profit-sharing scheme. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/3fb33901-37c6-4c4a-b6c2-32f647a84d6e/4_1915.jpg EJ Apartments - Building a better community Growth and prosperity continued for the company in the years before World War I. Endicott-Johnson diversified into several new markets and began a series of public works projects to improve the lives of its workers. The company planned and built homes, libraries, markets, parks, playgrounds, golf courses, medical clinics, and recreation facilities for its employees. Building a better community was an important part of the company’s responsibility to its workers. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/d84965cb-3b91-4eca-a90c-9ff32b3a35be/VIctory_H_intro.png EJ Apartments - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/97178f65-84d0-4f30-9c36-0343b991db54/2_1899.jpg EJ Apartments - EJ Is Born The new Lestershire factory quickly became one of the largest in the country under George’s leadership. The company’s workforce increased to over 2000 employees in just five years and with this success, Endicott offered to make George a full partner in the business in 1899. Together they rebranded the company and in 1901 changed its name to the Endicott-Johnson Shoe Company. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/547bf2d5-4fb6-41d2-b0df-ab9f2530f234/11_1950_70s.jpg EJ Apartments - THE Decline of an icon Raising foreign competition, high labor costs, and poor managerial decision-making in the following decade undermined Endicott-Johnson’s financial position. The Korean War maintained the company’s profitability, but this did not save it from a number of business crises throughout the 1950s and 1960s. Eventually, severe financial losses forced the company to bring in outside management but Endicott-Johnson would continue its decline. Tanneries closed in 1968, the medical department closed in 1969, and the majority of the company’s factories were closed at this time—including the crown jewel of their operation, the Johnson City Victory Factory. Though the company survived in some form until 2004, it would be bought and sold by competing shoe manufacturers and never recovered its former glory. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/96ddae6f-2283-46c7-8e40-03c6af63ead1/10_1930_40s.jpg EJ Apartments - The post war struggle Production during the war increased 22 percent with government contracts for boots and shoes, but the war boom only stemmed the company’s decline. Profitability in the post-war years became a major issue and the death of Geroge in 1948 marked a clear turning point in the company’s history. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/c220ac88-1d40-489d-80dd-a63d5916d3fc/12_today.jpg EJ Apartments - A revival 40 years in the making The closure of the Victory Factory marked a period of urban decay for Johnson City. Local newspapers mourned the passing of the Endicott-Johnson era and the prosperity it had brought the city. The Victory building served for a time as a storage space for large equipment until it was ultimately abandoned, sitting vacant for more than forty years until Paulus Development purchased the property and began a redevelopment project to return the Victory Building to its former manufacturing greatness. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/3084e0d2-0e99-429c-8295-cce205cd0650/7_1921.jpg EJ Apartments - THE EJ VICTORY FACTORY IS CONSTRUCTED It was in these successful years that the Victory Factory (our building) was constructed. Built in two phases between 1918 and 1921, the new factory was the most modern and well-equipped shoe manufacturing facility of its time. It totaled six floors and its 2000 workers could produce about 22,000 shoes daily. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/21d19001-1320-4b0e-b6ab-3dd936d97718/5_1916_b.jpg EJ Apartments - A Grateful city In 1916, the people of Lestershire changed the name of their village to Johnson City in honor of everything George F. Johnson had done to build the community and better the lives of its citizens. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/67b1e740-2d99-49ae-813b-4d0ee18d2a6c/9_late+1920s.jpg EJ Apartments - Tough times HIT EJ But the success wouldn’t last. The Great Depression came early to the shoe industry and while the company fared better than most, the boom-and-bust cycle of shoe sales took its toll. Wages were cut and employees were routinely laid off. Many of the benefits of the company’s Square Deal were scaled back until economic conditions were improved with the coming of World War II. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/e9a95d49-bcb6-4489-8a94-e4f0f9e9750b/5_1916_20.jpg EJ Apartments - A TRUE BOOM TOWN In the years that followed the First World War Endicott-Johnson would reach its financial peak. When George took over management of the company in 1894 it manufactured less than 1000 boots and shoes a day. By the late 1920’s it had become one of the country’s most integrated manufacturing firms and had the capacity to produce 45 million pairs of shoes in 28 factories staffed by 18,000 employees, generating roughly $75 million in annual sales. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/46175a14-ad53-402e-b6ec-c58efc121a72/2_1895.jpg EJ Apartments - Johnson Brings Organization and Experience George was the perfect choice to take over the day-to-day management of the company. The son of an impoverished shoemaker, George spent much of his youth learning his father's trade. At the age of thirteen he began a career as a shoe-treer in a local factory and spent a decade mastering his craft before taking a position as foreman of the treeing room in Harry Lester’s Binghamton factory in 1881. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/0c5af3bc-78c5-41a2-b14a-4bcefe006a0a/4_1915_c.jpg EJ Apartments - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/85f4506f-d7d6-4bd0-9ed6-07a3f9c13b30/4_1915_b.jpg EJ Apartments - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/a97b6b12-ecd2-46c3-8ab2-6a12dac2e5cf/1_1894.jpg EJ Apartments - An Unlikely Beginning Lester Brothers Boot and Shoe Company built the village of Lestershire as a new industrial village two miles west of their factory in Binghamton. The cost of construction forced the company to close its doors. Henry Endicott bought the company in 1894, removing Lester as general manager and replacing him with then-superintendent, George F. Johnson—an unlikely decision that would spark a three-decade-long partnership and put the village of Lestershire at the center of a changing industry. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/73ed641f-cd44-48fd-a92c-524680ce4f85/EJ+Region+Map.jpg EJ Apartments - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/17baa964-9f24-4d22-8249-bcabbd90b642/EJ_Logo_draftAsset+1%402x.png EJ Apartments https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/1666882098611-NLBBFCNTIL2HBBM2KI8A/6.jpg EJ Apartments https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/1666728690366-WE6Y9RAX1YGFXL3FWQ30/Stocksy_txp35169653TeS100_Large_645135_WEBSAFE.jpg EJ Apartments - EXPLORE THE UNITS With so many options you are bound to find something you like. LEARN MORE → https://www.victorylofts.com/landing-page daily 0.75 2022-03-08 https://www.victorylofts.com/lofts daily 0.75 2022-10-25 https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/3a8e6255-07b8-4346-be0e-eb586300c6ae/Type+C.jpg Lofts - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/338d9f44-846b-4e9f-9f3f-a26a20ffc163/Unit+Location_F.jpg Lofts - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/746a9ea6-37d1-449d-b0c0-a287025cd67b/Unit+Location_D.jpg Lofts - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/a0f7981e-f0ba-46d1-9898-4070c27750b6/Type+F.jpg Lofts - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5db7807fadbeba4fb7730911/4239e43a-3b94-4e7e-8336-1c98b10fa1a3/Unit+Location_H.jpg Lofts - 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