NEW YORK CITY-In yet another instance of a company migrating Downtown after being priced out of Midtown South, Epsilon Data Management has leased the entire 34,792 square foot 15^th floor at One Seaport Plaza for its new Manhattan headquarters. The 13-year lease brings Jack Resnick & Sons' signature downtown office tower to 100% occupancy.

Steven Bellwood, VP and John Boyle III, senior managing director and principal of Cassidy Turley represented Epsilon in the transaction, while a Cushman & Wakefield team of John Cefaly, executive vice chairman, Robert Constable, executive director and Andrew Peretz, EVP worked alongside Brett Greenberg, managing director and Dennis Brady, executive managing director of Jack Resnick & Sons to represent the building's owner.

Asking rents at 199 Water Street are in the mid to high $40's per square foot. By comparison, asking rents in Midtown South jumped 14% from the first to the second quarter of this year, landing at $59.46, according to research from the Alliance for Downtown New York. Epsilon, one of the world's largest consumer data companies, plans to relocate from its present Midtown South offices at 11 W. 19^th Street to its new facilities by year end.