According to an article in the New York Times, the city of New York is on the verge of making a deal with a “Virgina based company” that would apply for and operate the gTLD .NYC.
According to the story the city would be guaranteed a to received $3.6 Million over the first 5 years.
“The Virgina based company would pay all costs of the application and the operation of the registry.”
The .NYC registry for the city of New York would be in my opinion a very popular extension and should depending on price, marketing and other factors be highly profitable maybe one of the most profitable of all the new gTLD’s.
While the story does not mention the company, its worth mentioning that Verisign is headquartered in Virgina and for that matter so is Neustar.
RaTHeaD says
WoW…. that’s like $700,000 a year… or in more realistic terms about 8 cents a resident. i think all new yorkers will be richer for this.
Tom G says
I put .NYC on top of the list of non super generics (.web,.shop) in terms of potential.
That’s a good deal for both parties.
I guess Dot NYC LLC (TLDH/M&M) wouldn’t guarantee that kind of dough.
Jets Fan but Hold the .NYC says
Gee, that’s great for the City, but the only problem that remains is that no one is going to want one. Ok, maybe not NO ONE, but certainly not enough people to pay the city that kind of moolah plus the ongoing icann, insurance, legal, IT and carrying sustinance fees.
When all finally is said and done and the City has been paid, a .NYC will need to cost 20 times the price of a .com and sales will then rival .coop.
Go ahead, do the math.
Tom G says
@Jets,
They’ll probably be 30$ or less and people are already lining up for them.
Actual users, who want to develop websites on them.
Back in the real World says
Finance
Loans
Mortgages
Banking
Brokers
Stocks
Wall Street
Property
Rentals
Sales
Jobs
Recruitment
Tourism
Holidays
Flights
Hotels
Car rental
Entertainment
Luxury goods
Watches
Clothes
Cars
Private jets
Concierge services
Just like XXX they will do a deal with a domainer/s for the cream and get 7 figures from the off.
They wont have to be half as smart as the .Co people when whats left becomes available to the rest of the lesser mortals.
Not only can I see domainers buying into this, as happens with every new launch it seems, but unlike .Co .NYC has a large potential base of buyers who are the residents.
.NYC will make money.
Itsafail says
It’s my only hope that some of this can go towards the homeless.
Domains, not money.
New Yorker 1 says
So let’s say that a whopping 152 people nationwide will actually shell out the $30. I truly think it will be less, but let’s go with the big number.
That’s nice.
How are you gonna raise the $3.6 million that was just pledged?
Don’t mortgage the farm on this one, Clyde.
www.tl says
What’s a “Virgina” based company?!
Who will pick THE.BIG.APPLE ? says
Who will pick THE.BIG.APPLE ?
OWN:// .FCC .LIVE says
.NYC is on the .FCC Block.List
An objection would be filed and a lawsuit would be filed in U.S. Federal Court
G says
http://www.tl. Sounds like my kind of company!
Also, TLDH have a deal with Neustar to run their geographical based domains. So it is looking like a prime candidate.
Tom G says
@G
Right, I overlooked the M&M/Nuestar arrangement. This definitely puts them in the mix, Which makes sense given the details of the deal.
www.tl says
@G Oh, haha, nice one.. 🙂
I don’t think there’s any chance of my http://www.tl domain getting mixed
up with the new gTLD’s ‘though. Yes, http://www.tl can appear in a similar
format (to the new gTLD’s) in the browser bar, and in any promotional
activity, but mine is a 2 digit country code ext’n and the gTLD’s have (I
think) to be a minimum of 3 digits long, e.g. .nyc.
If they want to apply for .tldh ‘though, and pay the $180K+ then they
have that option… And if they get it, then i’m sure this will be setting
a good example, in terms of their main area of investment… 😉
TLDH are listed in my ‘neck o the woods’, and it will be interesting
to see how many investors they get, for their .anything purchases,
now that they are publicly traded.
.NYC to be contested says
.TOURISM
.HOSTING
.TOUR
.IL (Illinois)
.NYC <<<<<<<<<<<<<<<<<<<
.ID
.SPAIN
.SOLUTION
.INK
"ICANN will give any unsuccessful bidder from the 2000 round an $86,000 discount on its application fees, provided they apply for the same string they applied for the first time.
However, like any other applicant this time around, they also have to sign away their rights to sue.
And the $86,000 discount is only redeemable against one gTLD application, not 118."
Michael H. Berkens says
Looks like Neustar is the winner
http://informationweek.com/news/government/state-local/232700077
www.tl says
@G Oh, haha, nice one.. 🙂
I don’t think there’s any chance of my http://www.tl domain getting mixed
up with the new gTLD’s, e.g. .nyc, ‘though. Yes, http://www.tl can appear in
a similar format (to the new gTLD’s) in the browser bar, and in any
promotional activity, but mine is a 2 digit country code ext’n and the
gTLD’s have (I think) to be a minimum of 3 digits long; e.g. .nyc.
If they want to apply for .tldh ‘though, and pay the $180K+ then they
have that option… And if they get it, then i’m sure this will be setting
a good example, in terms of their main area of investment… 😉
TLDH are listed in my ‘neck o the woods’, and it will be interesting
to see how many investors they get, for their .anything purchases,
now that they are publicly traded.
Tom G says
I wonder then if TLDH/M&M is involved. I guess we will know soon enough, they would issue a press release.
‘Criteria for proving a presence in New York City include regularly performing lawful activities such as selling goods or services; maintaining an office or other facility in the city for lawful business, noncommercial, educational, or governmental purposes; and/or performing lawful activities outside of the New York City that are primarily directed toward residents, tourists, businesses, or organizations within the city.’
That is a very broad definition. Verification could be as simple as policing content guidelines. They could do this without cumbersome registration requirements that would otherwise inhibit sales.
Crowd Funding World DOT com says
if .nyc domains will be registered also to non-US and non-NYC residents, I surely will buy some names
Back in the real World says
When it comes to the right of the dot you really have to seperate in your mind the difference between something being a success for domainers and something just being a success.
.Co is a success and .NYC will be an even bigger success, although the chances of riding on the back of the success will be limited for anyone here.