Harry Fox Agency To Relocate To 40 Wall Street

NEW YORK CITY—The Harry Fox Agency Inc., provider of rights management, licensing and royalty services for the music industry, has signed an agreement to terminate its 47,144-sq.-ft., fifth-floor sublease from Tommy Hilfiger USA at RXR Realty’s Starrett-Lehigh Building at 601 West 26th Street and relocate to 40 Wall Street.

Studley Senior Managing Director Greg Taubin, who represented HFA, engineered the six-party, multi-faceted transaction. An aspect of the transaction culminated in a direct lease expansion between RXR Realty and advertising firm McGarry Bowen, a tenant in the building seeking to expand. McGarry Bowen, represented by David Hollander and Sacha Zarba of CB Richard Ellis, will take over the 47,144-sq.-ft. former Harry Fox space.

Meanwhile, RXR amended Tommy Hilfiger’s master lease, terminating that portion of their space and taking back 21,000 sq. ft. of sublease space from an adjacent fifth-floor subtenant, Lord & Taylor. RXR also amended Hilfiger’s master lease to include that 21,000 sq. ft., for a new total of 350,000 sq. ft.

Tommy Hilfiger was represented in the transaction by Matthew Astrachan of Jones Lang LaSalle; Lord & Taylor was represented by Rob Silver of Newmark Knight Frank; RXR was represented in-house by Bill Elder.

HFA will move into the entire sixth floor of 40 Wall Street during the second quarter of 2012. 40 Wall Street is providing HFA with a new installation for its new offices. Studley's project management team is overseeing the buildout.

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