Success Stories

American Security Systems

"NYCEDC facilitated our company staying in NYC, near the subway systems, convenient to all roadways around the city, and where our employees live. We stayed close to our clients and didn’t lose workers in the move. We love Long Island City."

Lawrence T. Dolin, President

Business Need

For thirty years, American Security Systems has provided security solutions for residential, commercial, and institutional clients across the tri-state area. American Security realized that it would need additional workspace to store more inventory and provide additional room for its vehicles than what its space in Manhattan could provide.

Solution

American Security Systems reached out to the NYCIDA for assistance in acquiring and renovating a 10,000-square-foot facility in Long Island City. The company received assistance through NYCIDA's Industrial Incentives Program for its $2.5 million project, which has allowed it to increase its roster of employees from 40 to 60, all while remaining in New York City. In the same time, the company has added a new fire security and protection division, an addition that has helped the company’s growth.

News & Updates

  • PRESS RELEASE

    NYCIDA to Assist Three Industrial Companies Expand in Brooklyn and Queens

    New York City Industrial Development Agency (IDA) today approved financing assistance for three industrial companies, including a security systems supplier in Long Island City, a maker of air conditioning duct work in Brooklyn, and a commercial printer in Queens.