[NA-Discuss] New York City plans to raise cash selling .nyc domains

[Danny Younger]

[excerpt]

During a Thursday address, City Council Speaker Christine Quinn said the ".nyc" domain will start generating a fresh stream of revenue for the city next summer.

City Council Speaker Christine Quinn announced during her state-of-the-city address Thursday that the “.nyc” domain will start generating a fresh stream of revenue for the city next summer. 

dotNYC, a private group, has asked the city to let it sell Web addresses such as www.GrimaldisPizza.nyc or www.EmpireStateBuilding.nyc for about $10 a pop to people, corporations and small businesses. In return, the company would give the city one-third of the domain's profits. 

However, a city spokesman says officials have not yet chosen a partner for the project. The city may decide to send out a request for proposals.

http://www.crainsnewyork.com/article/20090212/SMALLBIZ/902129975