Hale Building
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The Hale Building is an office structure which opened in 1927 at 11 East 44th Street in
Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Buildin ...
, New York City. Fred T. Ley & Company built the edifice and Shreve & Lamb were its architects. It was owned by the Eleven East 44th Street Corporation.''Hale Desk Co. Takes Space On East Side'', New York Times, February 10, 1927, pg. 40. Hale Building is significant as an important residence for offices on the
Lower East Side The Lower East Side, sometimes abbreviated as LES, is a historic neighborhood in the southeastern part of Manhattan in New York City. It is located roughly between the Bowery and the East River from Canal to Houston streets. Traditionally an im ...
during the late 1920s and the
Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
era. The Hale Desk Company leased the 2nd, 3rd, and 4th floors of the Hale Building for use as its primary showrooms and executive offices. The lease, consummated in February 1927, was for a period of fifteen years. It covered approximately of space. The Hale Building was auctioned and its leasehold acquired on a winning bid of $1,750,000 in April 1936. In a judgment in which Eleven East 44th Street Corporation was the defendant,
Continental Bank and Trust Company The Continental Bank and Trust Company of New York was a financial institution based in New York City, New York, United States. It was established in 1870 as the German-American Bank, which became the Continental Bank of New York. Originally in th ...
, trustee and plaintiff, was awarded the Hale Building. A judgment of $909,072 was involved. In 2008, a Brooks Brothers store opened in the Hale Building, and in 2019, it was sold to the company for $106 million.


References

1927 establishments in New York City Office buildings in Manhattan Office buildings completed in 1927 Midtown Manhattan {{Manhattan-struct-stub