He says that on average owners have expended $1.50 more per sf for infrastructure related to security. "Security is essential to the city and the global economy." He notes that the building management is the first line of defense and that the costs for day-to-day operations could be passed along to the tenants. "It could make it more difficult to do business in New York." He says BOMA is formulated a response and urging its membership to contact legislators to voice their opinions on this issue.

"The matrix is highly flawed and rife with politics," says Gary Green, CEO, Alliance Building Services. "The potential impact is on the private sector picking up the slack and increasing security, especially Downtown and around icons."

Alliance has seen a 30% growth in the first quarter throughout the New York metropolitan area. The firm recently picked up security contracts at 509, 521, 535 and 545 Fifth Ave. The firm provides cleaning/maintenance, security, courier/messenger center and restoration services to more than 100 buildings encompassing more than 60 million sf. Green points out that since 9/11 spending on technology to increase security has increased and he expects it to continue to do so.