More Details Emerge On New York’s Deal On .NYC: But 50K New Yorkers Did Not Register 50K Domains

According to a post on crainsnewyork.com,  the city of New York is making a “cool $40,000 a week on the Internet”. According to the story, the City of New York collects 40% of all domain registration fees collected by Neustar the operator of the .NYC . At a “cost of $20″ (which is unclear from the story if its retail or wholesale), “City Hall pulls in $8 every time a New Yorker buys a domain name that ends in .NYC.” “That math works out to $448,000 in new revenue made in slightly more than a month.” The story does […]