Hale Building


Hale Building was an office structure which opened in 1927 at 7 - 9 - 11 East
44th Street. Fred T. Ley & Company built the edifice and Shreve & Lamb were its architects. It was owned by the Eleven East 44th Street Corporation. Hale Building is significant as an important residence for offices on the Lower East Side during the late 1920s and the Great Depression 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.
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, trustee and plaintiff, was awarded Hale Building. A judgment of $909,072 was involved.