Harry Fox Leaves Starrett-Lehigh For 40 Wall

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.