No doubt but it only takes one unit. I can possibly see waiving it for a building like 1010 wilder that has only 4 units per floor but this building has so many units the odds favor a disaster from time to time.  This was not their first fire and as the building continues to age, they may become more frequent? There are reasons why insurance companies view newer buildings as better risks.  

And how good will such a program be when there is such a high turnover in people coming and going?