In an obvious lapse of good judgment, the City of New York let the domain CUNY.com drop. The name then sold at auction for $30,050
CUNY stands for City University of New York, and likely receives a lot of type-in traffic from people trying to visit the university’s site at CUNY.edu.
Considering the vast size of New York City’s government and the many issues the city faces, it wouldn’t be surprising to hear that the city hasn’t even realized what happened yet.
Whether or not it tries to get the name back is an entirely different question. New York has several trademarks on the term “CUNY.” It would be a shame to spend five figures on a domain and then have it taken back in litigation.
Photo | Flickr