The New York City [[Department of Information Technology and Telecommunications]] (DoITT) partnered with Neustar to manage and operate the [[.nyc]] TLD. According to DoITT, under the agreement the city government will earn 40% from the total revenue that will be generated from .nyc TLD and the estimated minimum income for the initial five-years will be $3.6 million. Neustar is also responsible in paying the $185,000 ICANN application fee as well as the post application fees and the $25,000 annual fee.<ref>[http://www.informationweek.com/news/government/state-local/232700077 NYC To Apply For .nyc Domain]</ref> | The New York City [[Department of Information Technology and Telecommunications]] (DoITT) partnered with Neustar to manage and operate the [[.nyc]] TLD. According to DoITT, under the agreement the city government will earn 40% from the total revenue that will be generated from .nyc TLD and the estimated minimum income for the initial five-years will be $3.6 million. Neustar is also responsible in paying the $185,000 ICANN application fee as well as the post application fees and the $25,000 annual fee.<ref>[http://www.informationweek.com/news/government/state-local/232700077 NYC To Apply For .nyc Domain]</ref> |