However, officials with some of these Hudson River Valley counties tell GlobeSt.com that while they have given these lists to officials with Empire State Development Corp., they are not expecting many takers in the short term. In fact, most agreed that a majority of the World Trade Center related business relocations will center on the New Jersey, Connecticut and Westchester County markets.

David Dirks, president and chief executive officer of the Orange County Partnership based in Goshen, says that to date he is not aware of any former World Trade Center firms studying any properties in Orange County. He notes that in the short term it is not anticipated that any major transactions in relation to the disaster will take place in Orange County. However, Dirks said, "One anticipates, at least in terms of Orange County, that as time goes on some of the small or medium-sized firms will be looking for space in the Hudson Valley."Ronald W. Coan, president and chief executive officer of the Dutchess County Economic Development Corp., in Poughkeepsie agrees with Dirks' short and long term assessments. Coan stresses that Dutchess County, except for providing information about possible suitable sites for affected New York City firms, will not actively market the county to these companies in light of the disaster. "We are not going to try to take any undue advantage of the tragedy," he says.

Coan adds that although there is approximately 1.5 million sf of space available in Dutchess, a majority of that space could not be classified as the Class A type space these firms had been used to. However, in the long term, Coan believes that some New York City companies will diffuse some of their operations and perhaps look to shift some of back up systems, back office and regional functions to areas such as Dutchess County.