The Secret Service is in negotiations to take over two floors of New York's Trump Tower which could cost more than $3 million a year, according to a report.

The agency and the NYPD allegedly plan to run a command post out of the gaudy gold tower where Donald Trump's wife Melania and their son Barron will continue to live during the first year of his presidency.

Around 250 Secret Service agents and cops will be based on two continuous floors - at least 40 floors below Trump's $90 million penthouse apartment, the New York Post claims.

Scroll down for video

The Secret Service is in negotiations to take over two floors of New York's Trump Tower which could cost more than $3 million

The agency and the NYPD plan to run a command post out of the gaudy gold tower where Donald Trump's wife Melania and their son Barron will continue to live during the first year of his presidency

The paper reports that the 17th floor of Trump Tower is currently vacant and being marketed for up to $105 per square foot. That would add up to $1.5 million a year, per floor.

It also appears that the 15th floor of the Tower is available - which had been used by the Trump Campaign in the run up to the election.

If the agency were to go ahead, they would be paying more than $3 million a year based on current rents in the building. That means taxpayers will be paying the president-elect's own corporation for the high price of his protection.

Trump's Secret Service detail will also follow him to his Mar-a-Lago estate in Florida where he spent Thanksgiving weekend.

While the president-elect will relocate to the White House in January, the new First Lady and Barron will stay in their midtown Manhattan apartment untilDonald Trump's youngest son finished this year of school.

But Trump has made it clear he plans to be in New York City regularly and will make even more frequent visits while Melania and Barron are there.

While the president-elect will be protected by Secret Service, the local police are always called on to help assist them.

Trump's entire family lives in New York City are entitled to the security detail following Trump's election.

Around 250 Secret Service agents and cops will be based on two continuous floors - at least 40 floors below Trump's $90 million penthouse apartment

U.S. secret service agents patrols inside Republican president-elect Donald Trump's Trump Tower in New York

'The number one imperative here is safety and security. We owe that to the president elect, his family and his team,' John Miller, NYPD's deputy commissioner of intelligence & counterterrorism, told WCBS Monday.

'This is a very substantial undertaking. It will take substantial resources.

'We will begin the conversation with the federal government shortly on reimbursement for the NYPD for some of the costs that we are incurring,' New York City Mayor Bill de Blasio said at a press conference on Friday.

Police have been assigned to Trump's adult children and grandchildren in addition to Secret Service.

Blasio said the city will need help with the cost of overtime officers will be working to keep the first family safe.

NYPD's primary responsibility will be controlling the movement of the general public, according to CNN Money.

Presidents are required to have local police protecting them when they return to their homes.

It cost taxpayers $2 million a year to station U.S. Coast Guard boats off the coast of George H. W. Bush’s Maine estate during his presidency. While the Secret Service paid Vice President Joe Biden $2,200-a-month to rent the neighboring cottage to his Wilmington, Delaware home.

Trump's entire family lives in New York City and will be entitled to the security detail - much of which New York City mayor Bill de Blasio is hoping will be reimbursed by the federal government

The president-elect's wife Melania and ten-year-old son Barron will be staying in the city at least until Barron finishes the school year

But because Trump lives in the most densely populated neighborhood in the biggest city in the U.S., this is a massive task.

'We have never had a situation where a POTUS would be here on such a regular basis.

'The details of his future plans are unknown, but we certainly know over these next 65 days [until the inauguration] he will be here regularly.

'The NYPD is up to the challenge and the city of New York is up to the challenge, I have no doubt about that,' de Blasio said.

De Blasio has asked for reimbursements for protecting leaders in the past. When the United Nations heads of state visit the city, they are often times reimbursed for protection from the federal government.

One UN visit saw the city reimbursed for $26 million in reimbursements or about $500,000 per week in 12 months.

'This makes (previous protection efforts) look quite small obviously. We'll have to establish a new set of ground rules,' de Blasio said.