NEW YORK CITY-In an effort to reduce its operating expenses, music licensing and rights management firm the Harry Fox Agency Inc. will move from its current space at RXR Realty’s Starrett-Lehigh Building to a 36,921-square-foot space at the Trump Building come second quarter 2012. However, this relocation wasn’t your typical lease transaction, according to Studley, who represented HFA on the deal.

In a multi-faceted series of events, the firm first signed an agreement to terminate its 47,144-square-foot, fifth-floor sublease from Tommy Hilfiger USA at Starrett-Lehigh. According to Studley, this culminated in a direct lease expansion between RXR and advertising firm McGarryBowen, an existing 130,000-square-foot tenant in the building that was seeking to expand.

McGarryBowen, who was represented by David Hollander and Sacha Zarba of CBRE, will take over the 47,144-square-foot HFA space. Meanwhile, RXR amended Tommy Hilfiger’s master lease, terminating that portion of their space and taking back 21,000 square feet of sublease space from an adjacent fifth-floor subtenant, Lord & Taylor. RXR also amended Hilfiger’s master lease to include that 21,000 square feet, for a new total of 350,000 square feet, Studley says.